• Empire Resorts Casino Monticello New York Albany
• Empire Resorts Casino Monticello New York Times Square
• Empire Resorts Monticello Ny
• Empire Resorts Casino Monticello Ny

New York casino operator Empire Resorts is shutting down slots operations at the Monticello Casino & Raceway to avoid cannibalizing its new Catskills property. On Tuesday, Empire informed the US. The integrated casino resort includes an 18-story all-suite hotel and a casino and entertainment complex featuring 100,000 square feet of gaming action including 150 live Las-Vegas style table games, 2,150 state-of-the art slot machines, a poker room and private gaming salons. Resorts World Catskills in Monticello, N.Y., is doing so poorly that its owner, Empire Resorts, has suggested that the casino could seek bankruptcy protection. Ben Sklar for The New York. Resorts World Catskills is a hotel and casino located in Monticello, New York. It opened on February 8, 2018, and is owned and operated by Empire Resorts. It was built on the former site of the Concord Hotel. A majority of shareholders in Empire Resorts, the Town of Thompson casino’s parent, voted Wednesday to let gaming magnate Lim’s family trust, Kien Huat Realty III, and Genting Malaysia take.

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Empire Resorts Casino Monticello New York Albany

Empire Resorts

Empire Resorts is the number one authority on gaming in the Catskills, dedicated to creating an exceptional experience for every guest. As evidenced by their ownership and operation of Monticello Raceway, a successful casino-racetrack since 1958, Empire Resorts expertly brings big-city excitement to the upstate region.

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Resorts World Catskills Casino in Monticello has faced financial issues since they opened back in February of 2018. Their parent company, Empire Resorts, is around $500 million in debt and considered bankruptcy in August.

'Bankruptcy is a tool, it doesn't necessarily mean the company is going to close. I think all of the talk is centered around whether bankruptcy will be used as a tool to take out that debt,' said Bill Rieber, Thompson town supervisor.

Stockholders approved the sale of Empire Resorts on Wednesday to the company’s two largest shareholders, making the once public company now privately owned. Village of Monticello Mayor and Manager, Gary Sommers, says that is the right move.

'So you can make the decisions you need to make and not worry about all of your stockholders, you know, trying to have some input on it,' Sommers said.

Sommers says while this merger is the right decision, he thinks the casino also needs to improve its marketing strategies if they want to bring in more people.

'It just doesn't seem like they're promoting the casino the way the casino needs to be promoted,' Sommers said.

He says the glitz you would expect from a casino is lacking.

'You look at the signs they have on the highway, the signs they use. They're using the same signs the state uses for road closures,' Sommers said.

Empire Resorts Casino Monticello New York Times Square

A joint statement from Empire Resorts and Genting Americas say in part, 'This marks a new chapter for Resorts World Catskills and is the first step toward fulfilling the promise and potential of New York’s most prized integrated casino resort destination.”

Empire Resorts Monticello Ny

Sommers says he hopes the casino is successful in the future.

Empire Resorts Casino Monticello Ny

'I think there really is a good strong chance the casino will come out of all of this and be very successful,' Sommers said.