Gambling development in upstate New York
Empire Resorts heralds closing of USD 500M construction loan for Montreign casino
Montreign Operating Company, a subsidiary of Empire Resorts, announced that it closed on a USD 500M construction loan.
2017-01-26
Reading time 31 seg
Montreign Operating Company, a subsidiary of Empire Resorts, announced that it closed on a USD 500M construction loan.
Work continues to build the Hudson Valley and Catskills only state-approved casino-resort in the Town of Thompson, which is expected to be completed in a little over a year.
““This marks a very major milestone after decades of dashed hopes, said Charles Degliomini, executive vice president of Empire Resorts
”
“There’s no stopping us now and already our 1.5 million square foot resort casino and 18-story hotel tower is rising above the tree line.”
He said that, “Given we will be a luxury resort destination, when international travelers, as well as US guests come visit us when open in March of 2018, they are going to be totally awestruck.”
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