Casino resort scheduled to open its doors to
public on February 8th
Montreign Operating Company, LLC (“Montreign”), an indirect,
wholly-owned subsidiary of Empire Resorts, Inc. (NASDAQ-GM:NYNY)
(“Empire” and, together with its subsidiaries, the “Company”) was
today issued an operation certificate by the New York State Gaming
Commission for its Resorts World Catskills casino resort.
This announcement comes ahead of Resorts World Catskills’ public
opening on February 8th, several weeks ahead of schedule. Once
complete, Resorts World Catskills, New York State’s largest
integrated commercial casino resort will contain 100,000 square
feet of Las Vegas style gaming, including more than 150 table games
and 2,150 slot machines, 10 varied culinary and nightlife options,
a 2,500-seat event center and a 332-room all-suite hotel designed
to meet 5-star and 5-diamond standards.
“Today marks a major milestone,” said Ryan Eller, President and
CEO of Empire Resorts, Inc., “We’re looking forward to bringing
something we believe is truly special to the people of New York
State and the Catskill Region – a thriving resort destination that
will become a beacon for both economic opportunity and excitement.
We’re very thankful for all the hard work, dedication, and vision
of so many that brought this to its fruition, including the
contributions of over 3,000 union workers employed in the
construction of this project.”
Resorts World Catskills will officially open on Thursday,
February 8th at 8 a.m., when the public will have the first
opportunity to experience the new casino resort. Following the
public opening, a private ribbon cutting ceremony will commence at
11 a.m.
Resorts World Catskills will leverage the internationally
recognized Resorts World hospitality and casino brand, which
includes integrated destination resorts located in Kuala Lumpur,
Malaysia, Singapore, Bimini, Bahamas, Manila, Philippines,
Birmingham, England, New York City, New York and the newest
property currently under construction in Las Vegas, Nevada.
Further information about the Company and Resorts World
Catskills is available at www.empireresorts.com and
www.rwcatskills.com.
About the Company
The Company was awarded a gaming facility license by the New
York State Gaming Commission to develop and operate a resort casino
located at the site of a four-season destination resort being
developed in the Town of Thompson in Sullivan County, New York,
approximately 90 miles from New York City. The Company is the sole
holder of a gaming facility license in the Hudson Valley-Catskills
Area, which consists of Columbia, Delaware, Dutchess, Greene,
Orange, Sullivan and Ulster counties in New York State.
When complete, Resorts World Catskills will include an 18-story
hotel, casino and entertainment complex with 100,000 square feet of
casino floor, featuring over 150 live table games, 2,150 state of
the art slot machines, a poker room and private gaming salons.
Guest amenities will include 332 all-suite luxury rooms, which
include 12 penthouse suites, 8 garden suites and 7 two-story
villas, two indoor pools, a spa and fitness center — all designed
to meet 5-star and 5-diamond standards. Guests will be able to
choose from 10 varied bar and restaurant experiences, including
fine dining, and an Italian steakhouse created by celebrity chef
Scott Conant. Guests can also enjoy year-round live entertainment
at the 2,500-seat event center, casino bars, restaurants and
lounges.
The destination resort in which Resorts World Catskills is
located will also include an entertainment village providing
additional entertainment, food and accommodations. In early 2019, a
Rees Jones-redesigned golf course and The Kartrite, an indoor
waterpark lodge, will also be added to this destination resort.
The Company also owns and operates Monticello Casino and
Raceway, a 45,000-square foot video gaming machine and harness
horseracing facility located in Monticello, New York, approximately
90 miles northwest of New York City.
Further information about the Company is available
at www.empireresorts.com, www.rwcatskills.com and www.monticellocasinoandraceway.com.
Cautionary Statement Regarding Forward Looking
Information
This press release includes "forward-looking statements"
intended to qualify for the safe harbor from liability established
by the Private Securities Litigation Reform Act of 1995. These
statements include statements about our plans, strategies,
financial performance, prospects or future events and involve known
and unknown risks that are difficult to predict. As a result,
our actual results, performance or achievements may differ
materially from those expressed or implied by these forward-looking
statements. In some cases, you can identify forward-looking
statements by the use of words such as "may," "could," "expect,"
"intend," "plan," "seek," "anticipate," "believe," "estimate,"
"predict," "potential," "continue," "likely," "will," "would" and
variations of these terms and similar expressions, or the negative
of these terms or similar expressions. Such forward-looking
statements are necessarily based upon estimates and assumptions
that, while considered reasonable by the Company and our management
team, are inherently uncertain. Factors that may cause actual
results to differ materially from current expectations include,
among others, levels of spending in business and leisure segments
as well as consumer confidence; changes in the competitive
environment in the gaming industry and the markets where we
operate; whether the Company is judged to have met the hospitality
standards necessary to be awarded a 5-diamond rating by the
American Automobile Association or a 5-star rating by the Forbes
Travel Guide; the ability to meet and maintain compliance with
legal and regulatory restrictions on our business, including in
relation to our advertising, customer promotion and marketing
activities; recognition of and loyalty to the Resorts World and
Genting brands; customer preference for competing hospitality and
gaming brands operating in our market; the effectiveness of
marketing and promotional activity based on the Resorts World and
Genting brands; our ability to adapt to a rapidly changing media
environment; our ability to leverage the Resorts World and Genting
brands to attract visitors in our market; adverse publicity
relating to the Resorts World or Genting brands; and the continued
investment to maintain, extend and expand the image of the Resorts
World and Genting brands through marketing initiatives, including
advertising and consumer promotions, and product innovation, over
which we have no control. We caution you not to place undue
reliance on any forward-looking statements, which are made as of
the date of this press release. We undertake no obligation to
update publicly any of these forward-looking statements to reflect
actual results, new information or future events, changes in
assumptions or changes in other factors affecting forward-looking
statements, except to the extent required by applicable
laws. If we update one or more forward-looking statements, no
inference should be drawn that we will make additional updates with
respect to those or other forward-looking statements.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180205005889/en/
Empire Resorts, Inc.Charles A. Degliomini, 845-807-0001Executive
Vice Presidentcdegliomini@empireresorts.com
Empire Resorts (NASDAQ:NYNY)
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