Empire Resorts is a NASDAQ Global Market company. The Company’s stock is traded under the ticker symbol "NYNY." Our subsidiary, Monticello Raceway Management, Inc., owns and operates the Monticello Casino & Raceway in Monticello, NY. The 230-acre Raceway, located approximately 90 miles northwest of New York City, includes a gaming and entertainment complex that features over 1,000 slot machines and one of the nation's largest, all-weather harness horse racing tracks. The Casino features many of the same exciting slots found in the casinos of Atlantic City and Las Vegas, and offers live entertainment and dining

In August of 2009, the Company entered into an Investment Agreement with Kien Huat Realty III Limited (“Kien Huat”) under which $55 million in new equity capital will be invested in the Company by Kien Huat in two tranches in exchange for Common Stock, representing just under 50% of the voting power of the Company. Kien Huat affiliates previously financed the startup of the Foxwoods Resort & Casino in Connecticut and the Seneca Niagara Casino in New York. The first tranche closed on August 19, 2009. The second tranche is subject to shareholder approval.

Empire Resorts also has a financial interest in the proposed Concord Casino and Resort, but is not required to contribute any investment capital. Upon completion, the Concord project will provide Empire with long-term cash flow through gross gaming revenue and various fees.