Empire Resorts (NYNY)

[Ace Trader]

Well in this tuff economy I know it wouldn't work. Foxwoods and Mohegan Sun are struggling. It doesn't help that they are swimming in some 800 million in debt!

Now I'm thinking the market crash did Cappelli a favor, why? Because he was going all in and knowing him that's big. Now he's had to give up the property and get back to other projects that he has completed 2 since the 08 crash.

NYNY is sadly nothing more than a Genting hold and wait. They have 2 possible locations to build but awaiting a law change and class 3 approval. They were the backers of both Fox wards and the Mohegan sun.
This company and stick is going know where until the law changes and class 3 us awarded. Fact!!