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 which had to do with a $7.1 million payoff to former CEO Joseph Bernstein, who was given $1.5 million in cash and $5.6 million in stock options

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Empire increased revenue by about $807,000, or 5 per cent, for the three months ending June 30, compared to the same period a year ago; but its net loss applicable to common shares was $9 million for the quarter, up from a loss of $4.6 million for the same quarter a year before.

(With files from Empire Resorts and Times Herald-Record)