Concord

Cappelli Wins Latest Battle In NYS

February 27, 2012

A lawsuit filed by the owners of Monticello Raceway against the Town of Thompson in regard to allegations of the illegal issuing of building permits to prospective racino developer Louis Cappelli have...

NYSRWB/Cappelli Difference Of Opinion

November 23, 2011

According to a report, the New York State Racing and Wagering Board has informed developer Louis Cappelli that it may no longer be in a position to "take favourable action on the Concord’s 2011 applic...

Showdown Looming For Last NY License

Things are beginning to heat up in the quest for the last harness racing license in the state of New York. Players currently in the race have proposed bringing a new racino to the site of the old Conc...

Cappelli To Announce 'Major Partner'

Concord owner Louis Cappelli has gone on the record as saying that he will this week announce a major for his stalled racino/conference centre destination in New York State's Catskills

Cappelli-Empire Relationship Over

October 01, 2010

In New York, Empire Resorts, owner of Monticello Raceway, has ended its relationship with developer Louis Cappelli by severing an agreement on Cappelli’s aborted Concord hotel project

The Battle For Empire

August 24, 2010

Joseph Bernstein, who walked away with a $7 million settlement when ousted as CEO last year, now threatens “a billion dollar class action lawsuit” indirectly involving Genting Malaysia, parent of the ...

Concord Expansion Mired

December 15, 2009

According to a report, the multi-million-dollar entertainment expansion at the Concord Hotel in Kiamesha Lake, New York, which was planned to be the locale of the new Monticello Raceway, is in trouble...

Cappelli Recovering From Surgery

According to a report by Lower Hudson Journal News, Louis Cappelli, the driving force behind the multi-million-dollar entertainment expansion at the Concord Resort Hotel in New York State, is recoveri...

Re-Negotiated Deal For Cappelli?

According to a report, developer Louis Cappelli is looking to re-negotiate terms of an existing agreement to erect the mass entertainment project on the site of the now-demolished Concord resort in Ne

Economy Catching Up With Concord Plan

February 17, 2009

The large racino/entertainment destination endeavour planned for the Concord Resort Hotel in New York State had seemed rather bulletproof up until now.

$200 Million Additional Bonding For Concord Expansion

December 10, 2008

According to a report, Louis Cappelli and his partners in the grand expansion of the Concord Resort Hotel in New York State, will now be able to take advantage of an additional $200 million bonding fr