Louis Cappelli

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 $400,0...

Cappelli Files $1.5B Federal Lawsuit

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

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...

Cappelli Wants $12M Marketing Allowance From NY State

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

Concord, Mohegan Sun Propose Racino; Empire Unhappy

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 Conco...

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

Empire Resorts Suing Concord Associates

February 01, 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

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

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 ...

Breakthrough For New Monticello Site?

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 Reso...

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...