EMPIRE RESORTS, INC. (NASDAQ:NYNY) Files An 8-K Regulation FD Disclosure
Item7.01.
| Regulation FD Disclosure. |
Empire Resorts, Inc. (Empire and, together with its subsidiaries,
the Company) is posting a Company presentation to its website in
the Investor Relations area at http://www.empireresorts.com. The
Company may use this presentation from time to time in
conversations with investors, lenders and others.
The information reported in this Item 7.01 shall not be deemed
filed for any purpose, including for the purposes of Section18 of
the Securities Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liabilities of that Section.
The information in Item 7.01, including Exhibit 99.1 attached
hereto, shall not be deemed incorporated by reference into any
filing under the Securities Act of 1933, as amended, or the
Exchange Act regardless of any general incorporation language in
such filing.
| Item8.01. | Other Items. |
On May18, 2017, the Company issued a press release announcing
that the resort casino being developed by a subsidiary in
Sullivan County, New York shall be named Resorts World Catskills.
A press release relating to such announcement is attached as
Exhibit 99.2 hereto.
This report includes forward-looking statements intended to
qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995.These statements
include statements about our plans, strategies, financial
performance, prospects or future events and involve known and
unknown risks that are difficult to predict. As a result, the
actual results, performance or achievements of the Company and
its subsidiaries may differ materially from those expressed or
implied by these forward-looking statements. In some cases, you
can identify forward-looking statements by the use of words such
as may, could, expect, intend, plan, seek, anticipate, believe,
estimate, predict, potential, continue, likely, will, would and
variations of these terms and similar expressions, or the
negative of these terms or similar expressions. Such
forward-looking statements are necessarily based upon estimates
and assumptions that, while considered reasonable by the Company
and its management team, are inherently uncertain. All statements
in this presentation regarding our business strategy, future
operations, financial position, prospects, construction plans,
business plans and objectives, as well as information concerning
industry trends and expected actions of third parties, are
forward-looking statements. All forward-looking statements speak
only as of the date on which they are made. These statements are
not guarantees of future performance and involve certain risks,
uncertainties and assumptions concerning future events that are
difficult to predict. The following factors, among others, could
cause actual results to differ materially from those set forth in
this presentation, as well as delays in completing on time the
development of the Companys resort casino, entertainment village
or golf course, all of which are being developed as part of the
master planned destination resort in Sullivan County, New York. A
more complete description of these risks and uncertainties can be
found in the reports and other documents filed with the U.S.
Securities and Exchange Commission. The Company cautions readers
not to rely on these forward-looking statements. The Company
undertakes no obligation to update any of these forward-looking
statements to reflect actual results, new information or future
events, changes in assumptions or changes in other factors
affecting forward-looking statements, except to the extent
required by applicable laws.
| Item9.01. | Financial Statements and Exhibits. |
| (d)Exhibits. |
| 99.1 | Company Presentation | |
| 99.2 | Press release, dated May18, 2017 |
About EMPIRE RESORTS, INC. (NASDAQ:NYNY)
Empire Resorts, Inc. is a holding company for various subsidiaries engaged in the hospitality and gaming industries. The Company, through Monticello Raceway Management, Inc. (MRMI), owns and operates Monticello Casino and Raceway, which is an approximately 40,000 square foot video gaming machine (VGM) and harness horseracing facility located in Monticello, New York, over 90 miles northwest of New York City. Monticello Casino and Raceway operates over 1,110 VGMs, which include approximately 1,070 video lottery terminals (VLTs) and over 40 electronic table game positions (ETGs). It is also engaged in 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 its races to offsite pari-mutuel wagering facilities. The Company, through Montreign Operating Company, LLC, holds a license to operate a resort casino. EMPIRE RESORTS, INC. (NASDAQ:NYNY) Recent Trading Information
EMPIRE RESORTS, INC. (NASDAQ:NYNY) closed its last trading session up +0.10 at 23.95 with 5,084 shares trading hands.