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Join Genting Rewards and earn valuable points when playing your favorite slot machine or electronic table game. Redeem your points for these monthly promotions by printing a voucher from any red, reward kiosk or from a slot machine on our second-floor casino level.
Resorts World Catskills' new poker room is the largest of any commercial casino in New York State. Open 24 hours a day, it includes 19 tables, 80 dealers and 171 seats, and offers players a host of amenities, including an in-room cashier, food and beverage service, USB charging ports at every seat and 13 55-inch TVs. Our poker room is opening soon. Stay tuned for future updates. TOURNAMENT RULES PDF. RESORTS WORLD CATSKILLS. 888 Resorts World Drive Monticello NY 12701.
173.1 km accountbalance Resorts World Catskills. 888 Resorts World Drive, Monticello, NY 12701, USA. Discover thousands of poker tournaments and locations. Empire Resorts, owner of Resorts World Catskills. As well as coverage from all major poker tournaments in the world. You can also find here poker player profiles, tournament poker results.
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Less than two weeks after considering filing for Chapter 11 bankruptcy, New York’s largest upstate casino chose to accept a buyout from a private company instead.
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Empire Resorts, owner of Resorts World Catskills, announced late Monday that it planned to sell its remaining shares of the $1.2 billion Las Vegas-style casino in Monticello to Malaysian gaming giant Genting Group, according to the Poughkeepsie Journal.
Genting Group was already the casino’s largest investor, owning 86 percent of the company. It agreed to buy the remaining shares of the casino for $9.74 per share from Empire Resorts. The agreed-upon stock price is about 15 percent above current market value.
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Other local media outlets are reporting that the sale will be finalized near the end of the year, at which point the casino will be privately owned and no longer publicly traded. Since its opening, the casino racked up losses of $73.5 million, according to its filing with the Securities and Exchange Commission.
Along with buying up the remaining shares, Genting has decided to increase its latest funding to the casino from $52 million to $77 million.
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“With the resources and support of Kien Huat and Genting Malaysia, Empire Resorts will be better positioned financially and operationally, which will help us advance our mission of delivering a winning combination of luxury facilities, quality entertainment and exceptional customer service,” said Ryan Eller, president of Empire Resorts, in a statement.
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With its latest acquisition, Genting Group now has 40 casinos in its portfolio, including Resorts World Las Vegas, which is scheduled to open in 2020.