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Empire Resorts, Inc.
204 State Route 17b
P.O. Box 5013
Phone: (845) 807-0001p:845 807-0001 Monticello, NY  12701-5193  United States
This company ceased filing statements with the SEC on 11/25/2019.
On March 12, 2019, the audit committee of the board of directors and management of Empire Resorts, Inc., after discussions with Ernst & Young LLP, the Company’s independent registered public accounting firm, concluded that the unaudited consolidated financial statements for the quarterly periods ended March 31, 2018, June 30, 2018, and September 30, 2018 should be restated, and no longer be relied upon. In preparing its audited financial statements for the year ended December 31, 2018, the Audit Committee and management of the Company determined that based on further review of applicable technical accounting literature, the value of MHHA Shares should be recognized as an expense upon issuance and the associated fair value of the guarantee liability of $5.5 million should be recognized as a liability classified guarantee.
This company is no longer actively traded on any major stock exchange.
Business Summary
Empire Resorts, Inc. is a holding company for various subsidiaries engaged in the hospitality and gaming industries. Through its wholly owned subsidiary, Montreign Operating Company, LLC, the Company owns and operates Resorts World Catskills, a casino resort, which is located at the approximately1,700-acre site of a four-season destination resort in Sullivan County, New York, approximately 90 miles from New York City. Through its Monticello Raceway Management, Inc. (MRMI), the Company owns and operates Monticello Casino and Raceway, a 45,000 square foot video gaming machine (VGM) and harness horseracing facility located in Monticello, New York. The Company's Monticello Casino and Raceway includes VGM Operations and Raceway Operations. As of December 31, 2018, Monticello Casino and Raceway operated 1,090 VGMs, which included 1,070 video lottery terminals (VLTs) and 20 electronic table game positions (ETGs). ETGs include the games of roulette, blackjack and three-card poker.
(Source: 10-K)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 Morningstar DBRS
Rating
---Yes-Yes-

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
--YesYes-Yes-

Industries
SIC Code Description
7999 Amusement and recreation services, not elsewhere classified
7948 Racing, including track operation

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board Emanuel R.Pearlman 58 6/1/2016 5/27/2010
President, Chief Executive Officer RyanEller 43 7/17/2019 3/27/2017
Executive Vice President, Chief Counsel, Chief Compliance Officer Nanette L.Horner 54 7/1/2014 8/25/2010
5 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Montreign Operating Company, LLC c/o Monticello Casino and Raceway Monticello NY United States

Business Names
Business Name
Alpha Casino Management Inc.
Alpha Monticello, Inc.
Empire Resorts Real Estate I, LLC
6 additional Business Names available in full report.

General Information
Number of Employees: 1,756 (As of 12/31/2018)
Outstanding Shares: 34,435,907 (As of 11/6/2019)
Shareholders: 200
Stock Exchange: NASD
Federal Tax Id: 133714474


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Friday, October 25, 2024