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Judge: Cappelli Must Pay $400,000

January 21, 2014:

According to a report, a judge has ruled that Louis Cappelli – who had wanted to relocate Monticello Raceway to the site of the old Concord Hotel – owes Monticello Raceway horsepeople more than $400,000....read on

Cappelli Files $1.5B Federal Lawsuit

March 8, 2012:

Prospective racino and convention centre developer Louis Cappelli has been quoted as saying that he will not stand to be a "punching bag" anymore, and he is putting his money where his mouth is...read on

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 been thrown out...read on

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 application" in regard to approvals to erect a racino and entertainment complex at the site of the old Concord Hotel at Kiamesha Lake...read on

Cappelli Wants $12M Marketing Allowance From NY State

June 10, 2011:

According to a report, prospective racino developer Louis Cappelli has asked the New York State Legislature for a $12 million marketing allowance...read on

Concord, Mohegan Sun Propose Racino; Empire Unhappy

May 6, 2011:

It has been reported that Concord Associates and the Mohegan Tribal Gaming Authority have struck a deal which would see the erection of a $600 million racino and 258 room resort hotel on the old Concord Hotel property in upper New York State...read on

Cappelli To Announce 'Major Partner'

April 28, 2011:

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...read on

Empire Resorts Suing Concord Associates

February 1, 2011:

It has been reported that Empire Resorts, the owner of Monticello Raceway, is suing its former business partner, Concord Associates, which is headed by...read on

Racino Still A Possibility At Concord Site

January 24, 2011:

According to an official representing the Town of Thompson in New York State, there is still a possibility that a racino could be erected on the location of the former Concord Hotel...read on

Cappelli-Empire Relationship Over

October 1, 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...read on

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 winner of the...read on

Breakthrough For New Monticello Site?

June 22, 2010:

It has been a while since the name Louis Cappelli came in up any harness racing discussions, but according to a report there has been a breakthrough in the stalled expansion of the future Concord Resort...read on

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, as 19 contractors are...read on

Cappelli Recovering From Surgery

July 27, 2009:

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 recovering from surgery to repair...read on

Re-Negotiated Deal For Cappelli?

June 23, 2009:

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...read on


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