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
CEO Exit Clause Hurts Bottom Line August 16, 2010 In its second quarter report, Empire Resorts reported steady gains in terms of revenue and the number of patrons it attracted, but the owner of Monticello Raceway posted seven-figure losses, much of w...
Gaming Competition Continues To Increase July 14, 2010 State-to-state competition for the public's gaming dollars is just getting more apparent in the northeastern United States, and Charlie Degliomini, executive vice president of Empire Resorts, the owne...
$65 Million Hit At 'Mighty M' April 15, 2010 A New York Supreme Court judge has ruled that Monticello Raceway must pay its bondholders $65 million
Report: NYCOTB Bailout Would Hurt Tracks April 13, 2010 According to a report, Empire Resorts executives have said that a proposed bailout plan for the bankrupt New York City Off-Track Betting would lead to layoffs at
Bernstein Files Complaint January 05, 2010 The New York Catskills once were the scene of quiet and beauty, and New Yorkers flocked to 'the mountains' for rest and recreation.
Racino Showdown In New York? June 03, 2009 According to an article on recordonline.com, Joseph Bernstein, Empire Resorts' newly named CEO, has stated the company's largest shareholder, Plainfield Asset Management LLC, could demand pay
Pay Cut For Monticello Employees May 27, 2009 According to a report by recordonline.com, Empire Resorts senior vice president Charles Degliomini has said "practically all" of the 344 employees of Monticello Gaming and Raceway have taken
Monticello Owner To Go Bankrupt? May 11, 2009 According to a report on recordonline.com, Empire Resorts, the owner of the Monticello Raceway, could be heading towards bankruptcy
Empire’s Top Execs Quit April 15, 2009 Empire Resorts’ two top executives, president and CEO David Hanlon and chief financial officer Ronald Radcliffe, have resigned.
Empire Resorts: Might Not Survive Summer March 16, 2009 According to a report by the Times Herald-Leader, Empire Resorts, owner of Monticello Raceway, has stated