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Empire Resorts, Inc.’s Subsidiary Submits $51 Million Gaming Facility License Fee for Montreign Resort Casino

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MONTICELLO, N.Y.--(BUSINESS WIRE)--On March 30, 2016, Montreign Operating Company, LLC (“Montreign”), a wholly-owned subsidiary of Empire Resorts Inc. (NASDAQ-GM:NYNY) (“Empire” and, together with its subsidiaries the “Company”), submitted payment for its gaming facility license in the amount of $51 million to the New York State Gaming Commission (“NYSGC”). Previously the Company had deposited a bond with NYSGC representing 10% of the proposed capital investment for the project. The gaming faci


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