Empire operates the Monticello Raceway and is involved in the development of other legal gaming venues. Empire opened Mighty M Gaming at the Raceway site on June 30, 2004. This facility features over 1,500 video gaming machines (VGMs) and amenities such as a 350-seat buffet and live entertainment. Empire is also working to develop a "Class III" Native American casino for the St. Regis Mohawk Tribe on a site adjacent to the Raceway and other gaming and non-gaming resort projects in the Catskills region and other areas. Empire is pursuing the development of a Native American casino resort in the Catskills. The company is working with both the St. Regis Mohawks and the Cayuga Nation, along with the State of New York , in this exciting endeavor. Once approved by the appropriate authorities, Empire will construct and manage one or more Class III Native American casinos. The first resort, with the St. Regis Mohawks, is expected to be developed on approximately 30 acres of land adjacent to the Monticello Raceway, to be held by the United States Government “in trust,” subject to obtaining necessary federal and state approvals.
Shares Outstanding - 30,524,381 as of May 8, 2008
06/25/2008 - New York State Legislature Approves Development of $1 Billion New Concord Resort Destination
04/02/2008 - Empire Resorts to Issue 4.2 Million Shares in Stock Purchase Agreement