Tag Archives Catskills

Empire Resorts Incorporated offloading its remaining Resorts World Catskills stake

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In upstate New York and casino operator, Empire Resorts Incorporated, has reportedly agreed to sell its remaining stake in the loss-making Resorts World Catskills property to Genting Malaysia Berhad via the Malaysian firm’s Kien Huat Realty investments arm. According to a Tuesday report from the Poughkeepsie Journal newspaper, the Monticello-headquartered enterprise revealed that the ...

Resorts World Catskills parent considering voluntary bankruptcy move

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In upstate New York and the firm behind the 332-room Resorts World Catskills has reportedly declared that it is considering the possibility of entering voluntary bankruptcy in order to head off creditors. According to a Wednesday report from the Poughkeepsie Journal, Empire Resorts Incorporated made the revelation via an official August 9 filing with ...