🎰 Empire Resorts, Monticello, NY Jobs | Hospitality Online

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Empire Resorts Exec. VP on new casino opening in Monticello

Approximate Casino Square Footage 3. We also generate racing revenues through pari-mutuel wagering on the running of live harness horse races, the import simulcasting of harness and thoroughbred horse races from racetracks across the country and internationally, and the export simulcasting of our races to offsite pari-mutuel wagering facilities. ITEM 1. The amounts wagered form a pool of funds from which winnings are paid based on odds determined by the wagering activity. The average drive-time of our current patrons is up to 60 minutes and therefore we focus on a convenience gaming market. Gaming at the Casino is permitted 24 hours a day and is limited to persons over the age of Smoking is not permitted in the Casino. Gaming operations. The law contains a safe harbor provision for wagers placed within a single state disregarding intermediate routing of the transmission where the method of placing the bet and receiving the bet is authorized by that state's law, provided the underlying regulations establish appropriate age and location verification.{/INSERTKEYS}{/PARAGRAPH} Our pari-mutuel commission rates are fixed as a percentage of the total handle or amounts wagered. Title of each class. ITEM 5. PART I. In the United States, the Unlawful Internet Gambling Enforcement Act of "UIGEA" prohibits, among other things, the acceptance by a business of a wager by means of the Internet where such wager is prohibited by any applicable law where initiated, received or otherwise made. ITEM 9A. Number of Guest Rooms and Suites 2. Members may earn points for their gaming play which can be redeemed at participating properties. ITEM 7. Monticello Casino and Raceway is approximately three miles away from the Destination Resort, is directly adjacent to New York State Route 17 and has highly visible signage and convenient access from Exit of New York State Route VGM Operations. The casino entertainment industry is highly competitive. We maintain websites to inform individuals about Resorts World Catskills and Monticello Casino and Raceway and utilize several social media sites to promote our brands, unique events, and special deals. The Casino is located in the Catskill region of New York State, which has historically been a resort area. ITEM 1B. We will leverage the Resorts World and Genting brands, which are well-known hospitality brands in the Asian markets, to target the large regional Asian gaming market and high-end Asian players. Our forward-looking statements concern matters that involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements, or industry results, to be materially different from the future results, performance or achievements described or implied by such forward-looking statements. In pari-mutuel wagering, patrons bet against each other rather than against the operator of the facility or with pre-set odds. State or other jurisdiction of. We assume no obligation to update the forward-looking statements to reflect actual results or changes in the factors affecting such forward-looking statements. ITEM 7A. The penthouse-level suites, and several rooms beneath the penthouse level, are expected to be completed in late Monticello Casino and Raceway. Under UIGEA, severe criminal and civil sanctions may be imposed on the owners and operators of such systems and on financial institutions that process wagering transactions in violation of UIGEA. Our Players' Club enables patrons to earn points that can be used for free slot play, complimentary food, merchandise, special offers, promotions, VIP invitations, discounts and coupons. These channels include radio, television, print, outdoor and digital throughout the Hudson-Valley Catskill region and the larger New York City metropolitan area. ITEM 9. Through our wholly-owned subsidiary, Monticello Raceway Management, Inc. ITEM Examples of such forward-looking statements include discussions of the expected results of various strategies. ITEM 6. The Casino will compete with other gaming and non-gaming resorts and vacation areas, various other entertainment businesses, and will also compete with other retail facilities, amusement attractions, food and beverage offerings, and entertainment venues. The Casino is also convenient to recreational offerings in the Catskill Mountains. Gaming Tables. Address of principal executive offices. VGMs are similar to slot machines, but they are connected to a central system and report financial information to the central system. FORM K. With the exception of a few holidays, we offer year-round simulcast wagering from racetracks across the country. Monticello Casino and Raceway currently features a video gaming machine "VGM" and harness horseracing facility. Information from the loyalty and rewards programs will be used to analyze patron usage and preferences by segment and individual player profile. ITEM 8. ITEM 3. Our marketing efforts are conducted through various channels. The industry is comprised of a diverse group of competitors that vary considerably in size and geographic diversity, quality of facilities and amenities available, marketing and growth strategies, and financial condition. Non-accelerated filer. Portions of the Casino opened to the public on February 5, When complete, the Casino is expected to include:. Generally, we compete directly with casino and VGM facilities operating in the immediate and surrounding areas. Due to the geographic proximity, the Casino and Monticello Casino and Raceway may compete, in part, with each other for gaming patrons. Although we believe that our expectations are based upon reasonable assumptions, there can be no assurance that our financial goals will be realized. Numerous factors may affect our actual results and may cause results to differ materially from those expressed in the forward-looking statements made by us or on our behalf. Name of each exchange on which registered. The Players' Club also enables patrons to earn points when wagering on racing at Monticello Casino and Raceway. Monticello Casino and Raceway receives patronage from adults residing within the surrounding counties of New York, New Jersey and Pennsylvania. When expanded, the patron loyalty program will include a rewards program that will allow patrons to qualify for benefits at participating Resorts World-branded resorts and in both gaming and non-gaming areas. Resorts World Catskills. The Casino has an overall drive-time advantage relative to other full-scale gaming facilities from the northern and northwestern suburbs of New York City and the Company will focus on servicing what we believe is an unmet demand in the New York metropolitan market. The gaming market in the northeastern United States is seasonal in nature, with winter weather affecting patrons' ability to reach our facilities. Video lottery gaming is permitted for no more than 20 consecutive hours per day and on no day can such operation be conducted past a. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. Further, our direct marketing efforts utilize advanced analytic techniques that identify patron preferences to allow us to make more relevant offers to patrons, influence incremental visits, and help build lasting patron relationships. Zip Code. In addition to competition from traditional gaming facilities, which is discussed in more detail below, the Casino and Monticello Casino and Raceway face competition from existing and prospective Internet gaming operations and sports wagering. Raceway operations, which include live harness horseracing, simulcasting and pari-mutuel wagering activities in New York State, are overseen by the NYSGC. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule of the Securities Act. ITEM 9B. Resorts World Casino 1. Monticello Casino and Raceway's mid-range offerings include gaming and dining options designed to appeal to locals and patrons interested in a more intimate and comfortable setting. Generally, the annual license renewal process requires the NYSGC to review the financial responsibility, experience, character and general fitness of MRMI and its management. However, because of the overnight accommodations at the Casino, we expect the adverse affects of winter weather to decline. Monticello Casino and Raceway also has three dining options which include a food court, restaurant and sports bar. The Casino will offer various Asian-themed amenities, including table games and slot machines, an Asian gaming pit, high-end gaming and private gaming salons, and various authentic Asian food options. {PARAGRAPH}{INSERTKEYS}Washington, D. ITEM 2. We also export live broadcasts of our own races to race tracks, casinos and off-track betting facilities in the United States and internationally. Any statements that are not statements of historical fact may be forward-looking statements. Our more targeted marketing efforts are conducted through direct mail and email. Box , Monticello, NY. ITEM 4. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this filing. The Casino is integrated into the master-planned Destination Resort, which will feature a range of year-round amenities. Title of class. Empire Resorts, Inc. We introduced a patron loyalty program to encourage patron relationships with Resorts World Catskills and increase loyalty to the Resorts World brand through unique benefits and rewards, while promoting our brand. ETGs include the games of roulette, blackjack and 3-card poker. Commission file number Exact name of registrant as specified in its charter. Identification No. We derive our racing, simulcasting and pari-mutuel wagering revenue principally from the following:. Check one :.