-Relationship with Monticello Motor Club
offering high-performance racing experience for Montreign guests
-
- Bistecca by Scott Conant – an elegant and
modern Italian steakhouse by award-winning chef Scott Conant -
- The Me. Card allowing guests to use Players
Club points at local businesses -
Empire Resorts, Inc. (NASDAQ-GM: NYNY) (“Empire”) and its wholly
owned subsidiary Montreign Operating Company, LLC (together with
Empire and its other subsidiaries, the “Company”) today announced
the new marketing campaign, “A Catskills Destination Reborn” for
the Montreign Resort Casino (“Montreign”). This campaign captures
the Company’s vision of Montreign by reimagining the Catskills as a
world-class resort destination for gaming and entertainment.
Staying true to the legacy of the Catskills while at the same time
looking towards the future, Montreign will combine its 18-story
casino, hotel and entertainment complex featuring an 80,000 sq.ft.
casino (with 61 table games and 2,150 state-of-the-art slot
machines), 391 luxury rooms designed to meet the 4-star and
4-diamond standards of Forbes® and AAA®, multiple dining and
entertainment options, and meeting and conference space with the
natural beauty of its surroundings. Montreign, from an
architectural, design and use-of-materials perspective, was
designed to blend naturally with the pristine and beautiful
environment of the Catskills.
As part of the reimagined Catskills, Empire has entered into an
exclusive agreement with Monticello Motor Club (“MMC”), North
America’s Premier Private Racetrack and Country Club, making
Montreign the only casino on the East Coast to offer guests the
experience of driving high-performance vehicles on MMC’s private
4.1-mile track. Located just minutes from Montreign, MMC will
provide Montreign’s premium guests access to MMC’s stable of exotic
high-performance street and race vehicles, instruction from its
team of driving pros, outdoor karting, ice/snow winter driving
lessons, and its off-road Land Rover Experience. The agreement with
MMC is an example of how the Company is working with local
businesses to ensure a beneficial relationship for all stakeholders
in the region.
In addition, Empire has teamed up with award-winning chef,
author and TV personality Scott Conant to open his newest
restaurant, Bistecca by Scott Conant, at Montreign. The Italian
steakhouse will be a fine dining destination featuring a menu
comprised of prime and Angus cut meats, fresh seafood, poultry and
classic Italian dishes. The global wine list will be robust to
accompany the menu, and will feature wines from New York,
California, France, Italy, Chile and Argentina, among others.
“Montreign, for which we have full funding commitments,
represents a new approach toward gaming and entertainment that will
reimagine, reinvent, and revitalize the Catskills for years to
come. Our intention is simple: the rebirth of the hospitality and
tourism industries in the Catskills. This type of out-of-the-box
thinking, coupled with our deep-rooted community engagement, will
produce a resort experience seen nowhere else in the United
States,” said Emanuel Pearlman, Chairman of Empire. “We are a New
York company committed to creating good-paying union jobs in the
region, while generating much needed revenue for the
community.”
“I’m excited to be working with Montreign because our shared
vision for the Catskills is to create a dining destination in an
area that I have always loved visiting and is just a few hours from
my home,” said Conant. “At Bistecca, we will source our
ingredients from the region as much as possible, offer a global
wine list, and deliver a dining experience that will delight our
guests whether they are looking for classic steakhouse dishes or
Italian classics. The menu will be a true testament to the bounty
of the Hudson Valley.”
“Where else on the East Coast can you check in to your hotel,
enjoy a day at a luxury gaming facility, and then learn the art of
high-performance driving in a fleet of exotic cars at a private
country club race track?” asked Ari Straus, partner and CEO of
Monticello Motor Club. “Through this exclusive arrangement with
Empire, Montreign’s premium guests will have that very option.”
Empire also unveiled the design of its “Me. Card” to be used for
the Company’s Me. Club rewards program. The Me. Card will provide
guests with the opportunity to earn points for slot and table play,
and if permitted by gaming regulators, guests will be rewarded for
enjoying hotel, dining, entertainment and spa experiences at
Montreign as well. In addition, Montreign will offer its Me. Card
rewards points program with eligible hospitality, restaurants,
entertainment venues and retail establishments both within the
Adelaar resort and at other local and regional establishments. This
will provide guests an incentive to experience the wide variety of
excellent and diverse entertainment, retail and hospitality options
in Sullivan County and the Catskills and further driving economic
activity.
A new Montreign Resort Casino website has been launched at
www.montreign.com
Montreign is part of the larger Adelaar resort, a proposed $1
billion four-season destination resort developed by an Empire
subsidiary and EPR Properties (“EPR”). Beautifully situated in the
pristine Catskills, Adelaar is poised to become one of the most
comprehensive destination gaming resorts in the northeastern United
States, and will feature a variety of world-class leisure and
recreational options, including an indoor waterpark hotel and
adventure park, a Rees Jones-redesigned “Monster” Golf Course,
restaurants and world-class shopping and entertainment. Located 90
minutes from New York City, Adelaar is expected to create more than
5,000 construction and permanent jobs in an area with one of
highest unemployment rates in the state.
Because of the early and comprehensive planning of Adelaar, and
the diligent pursuit of all approvals needed, the Company is able
to commence construction of Montreign immediately upon award of a
gaming license. Many permits and approvals are already secured for
Adelaar, generally, and for Montreign, specifically, and additional
permits and approvals are being actively processed. Once a gaming
license is awarded, Montreign can begin creating real jobs and
injecting tax revenue into the community almost immediately.
Empire and EPR are committed to utilizing New York contractors,
subcontractors and suppliers. Montreign has already engaged as its
construction manager LPCiminelli (“LPC”). Through LPC, the Company
has signed a Project Labor Agreement with the local unions
affiliated with the Hudson Valley Building and Construction Trades
Council. In addition, Montreign has engaged DACK Consulting Group
to aid its efforts in reaching out to the New York MWVBE
contracting community, as well as to assist Montreign with its
MWVBE-purchasing and diversity hiring efforts. Montreign and
Adelaar have the support of the Town of Thompson Board, which has
voted in favor of supporting Montreign’s gaming license
application.
Further, Montreign and Upstate Theaters for a Fairgame
(“Fairgame”) have entered into an MOU on behalf of Bethel Woods
Center for the Arts in Sullivan County (“Bethel”), and Bardavon
Opera House in Dutchess County (“Bardavon”) to assist in the
promotion of events at these venues. The MOU contemplates support
for Bethel and Bardavon’s respective missions and the operation of
these entertainment venues and includes cross marketing efforts and
financial support.
About Empire Resorts
Empire Resorts, Inc. owns and operates, through its subsidiary
Monticello Raceway Management, Inc., the Monticello Casino and
Raceway, a harness racing track and casino in Monticello, N.Y., and
is 90 miles from midtown Manhattan. For additional information,
please visit www.empireresorts.com
Upon the awarding of a casino license from the New York State
Gaming Facility Location Board, Empire will begin construction on
Montreign – an 18-story casino, hotel and entertainment complex
with 61 table games, 2,150 state of the art slot machines and 391
luxury rooms designed to meet 4-star and 4-diamond standards. For
additional information, please visit www.montreign.com
About EPR Properties
EPR Properties is a specialty real estate investment trust
(REIT) that invests in properties in select market segments which
require unique industry knowledge, while offering the potential for
stable and attractive returns. Our total investments exceed $3.8
billion and our primary investment segments are Entertainment,
Recreation and Education. We adhere to rigorous underwriting and
investing criteria centered on key industry and property level cash
flow standards. We believe our focused niche approach provides a
competitive advantage, and the potential for higher growth and
better yields. Further information is available
at www.eprkc.com. Renderings, tenant information and other
details about Adelaar can be found at www.AdelaarNY.com.
About Scott Conant
Renowned chef Scott Conant is a successful restaurateur and
television personality, appearing as a frequent judge on Food
Network's "Chopped." He is the author of three cookbooks and has
opened several Scarpetta restaurant locations across the country,
as well as D.O.C.G. Enoteca at The Cosmopolitan Las Vegas. Scott's
signature Italian cuisine can also be found at the American Express
Centurion Lounge in McCarran International Airport, and at the SCM
Culinary Suite, a private loft where he hosts events and cooking
demos and develops recipes. @conantnyc, www.scottconant.com.
About Monticello Motor Club
Monticello Motor Club, North America’s Premier Private Racetrack
and Country Club, features 4.1 miles of asphalt dedicated to the
driving pleasure of its members – individuals who are passionate
about automobiles, who relish the driving experience, and who seek
a place of belonging among like-minded people. Just 90 minutes from
New York City, MMC is a luxury destination with an array of
services and amenities, such as professional instruction,
track-side support, premium car storage, race car rentals, private
race schools for novice to experienced track enthusiasts, a karting
facility, an off-road course, corporate entertainment, fine dining,
and five-star services. For more information please visit
http://www.monticellomotorclub.com/
Cautionary Statement Regarding Forward Looking
Information
This press release 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, our
actual results, performance or achievements 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 our management
team, are inherently uncertain. Factors that may cause actual
results to differ materially from current expectations include,
among others, levels of spending in business and leisure segments
as well as consumer confidence; plans for signing and closing on
definitive transaction documents; the construction commencement
date for Montreign; relationships with associates and labor unions
and changes in labor law; the financial condition of, and our
relationships with, third-party property owners and hospitality
venture partners; changes in the competitive environment in our
industry and the markets where we operate; the timing of the
receipt of regulatory and governmental approvals for the
development project, including the issuance of a Gaming Facility
License to us; changes in federal, state or local tax law; general
volatility of the capital markets and our ability to access the
capital markets to secure necessary financing. A more complete
description of these risks and uncertainties can be found in our
filings with the U.S. Securities and Exchange Commission. We
caution you not to place undue reliance on any forward-looking
statements, which are made as of the date of this press release. We
undertake no obligation to update publicly 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. If we update one or more
forward-looking statements, no inference should be drawn that we
will make additional updates with respect to those or other
forward-looking statements.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20140903006265/en/
Empire Resorts, Inc.Charles Degliomini,
845-807-0001cdegliomini@empireresorts.com
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