Empire Resorts Casino Monticello New York
- Empire Resorts Catskills
- Empire Resorts Casino Monticello Ny
- Empire Resorts Casino Monticello New York State
| Resorts World Catskills | |
|---|---|
| Location | Monticello, New York, U.S. |
| Address | 888 Resorts World Drive |
| Opening date | February 8, 2018; 2 years ago |
| No. of rooms | 332 |
| Total gaming space | 65,000 sq ft (6,000 m2) |
| Casino type | Land-based |
| Owner | Empire Resorts |
| Architect | JCJ Architecture[1] |
| Previous names | Montreign Resort Casino (in planning) |
| Website | rwcatskills.com |
Resorts World Catskills is a hotel and casino located in Monticello, New York.[2][3] It opened on February 8, 2018,[4] and is owned and operated by Empire Resorts.[5] It was built on the former site of the Concord Hotel.[6] The property features 65,000 square feet (6,000 m2) of gaming space with 112 table games and over 2,150 slot machines,[7] and an 18-story hotel tower with 332 suites.[8]
The property was originally to be named Montreign Resort Casino but announced in April 2017 that it would instead license the Resorts World name from Genting Group, the majority owner of Empire Resorts.[9][10]
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. Empire Resorts is an experienced gaming and resort management company located in Monticello, N.Y. It is the owner and operator of Monticello Raceway, featuring one of America's only year-round harness racetrack, along with more than 1,500 video gaming machines and amenities, such as a 350-seat buffet and live entertainment. Empire Resorts has been awarded the opportunity to pursue a license to build a casino in the Hudson Valley and Catskills, the state Gaming Facility Location Board announced Wednesday. The casino at Monticello Raceway in Upstate New York is set to close on or around April 23, according to a filing this week to the Securities and Exchange Commission by its parent company, Empire. New York casino operator Empire Resorts is shutting down slots operations at the Monticello Casino & Raceway to avoid cannibalizing its new Catskills property.
Empire Resorts Catskills
In mid-2018, construction was begun on the Entertainment Village, a building next to the casino containing retail space, restaurants, and 105 hotel rooms.[11] The project opened in December 2018 as The Alder at Resorts World Catskills.[11][12]
In August 2019, an SEC filing indicated that Empire Resorts, the casino's parent company, was considering bankruptcy. During the period between the casino's February 2018 opening and June 2019, the company reported $211.5 million in losses. The Times Herald-Record asserted that the losses occurred 'due to gross gaming revenues that lagged 45 percent below company projections in year-one alone, in a Northeast market over-saturated with gambling options'.[13]
References[edit]
- ^'Resorts World Catskills'. JCJ Architecture. Retrieved 2018-04-12.
- ^Axelrod, Daniel (February 7, 2018). 'Finally it's here: Sullivan's casino opening Thursday'. Times Herald-Record. Middletown, NY. Retrieved 2018-02-08.
- ^Axelrod, Daniel. 'Resorts World Catskills cuts 25 percent of slots'. recordonline.com. Retrieved 2019-06-23.
- ^'Resorts World casino opens in Sullivan County'. Daily Freeman. Kingston, NY. February 8, 2018. Archived from the original on 2018-09-07. Retrieved 2018-02-08.
- ^'New casino opens in Catskills after decades of waiting'. Times Union. Albany, NY. AP. February 8, 2018. Retrieved 2018-02-08.
- ^Glenn Blain (February 3, 2018). 'Catskills takes chance opening $900M hotel and casino'. New York Daily News. Retrieved 2018-02-08.
- ^'Empire Resorts cuts ribbon on latest New York casino'. New York Business Journal. February 8, 2018. Retrieved 2018-02-08.
- ^Joseph Spector (February 8, 2018). 'Resorts World Catskills: Five things to know about the new casino'. The Journal News. White Plains, NY. Retrieved 2018-02-08.
- ^Daniel Axelrod (May 18, 2017). 'New casino to be called Resorts World Catskills'. Times Herald-Record. Middletown, NY. Retrieved 2018-02-09.
- ^'Montreign Resort Casino to be rebranded a Resorts World property' (Press release). Empire Resorts. April 6, 2017 – via EDGAR.
- ^ ab'Entertainment Village under construction at Sullivan County casino site'. Daily Freeman. Kingston, NY. June 18, 2018. Archived from the original on 2018-06-22. Retrieved 2018-06-19.
- ^Sucato, Sabrina (December 18, 2018). 'This New Resort Hotel Brings Luxury and Comfort to the Catskills'. Hudson Valley Magazine. Retrieved November 6, 2019.
- ^https://www.recordonline.com/news/20190809/sullivan-casinos-parent-company-considers-bankruptcy
External links[edit]
Empire Resorts Casino Monticello Ny
Coordinates: 41°39′26.9″N74°38′48.8″W / 41.657472°N 74.646889°W