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Empire Resorts
Empire Resorts is a gaming company that owns and operates Resorts World Catskills and Monticello Raceway in the Catskill Mountains, from New York City. Headquartered in Monticello, New York, Empire Resorts is owned by affiliates of the Genting Group (with a 51% stake held by Kien Huat Realy and 49% by Genting Malaysia). History Empire Resorts was founded in 2003 through a consolidation of Alpha Hospitality and Catskill Development LLC, a company that had purchased the Monticello Raceway in 1996. The consolidation was carried out by Robert A. Berman, who in the previous year had been offered control as CEO of Alpha Hospitality by Stanley Tollman. In 2003, Berman restructured Alpha Hospitality after principal shareholders of the Bryanston Group (Alpha Hopitality's controlling shareholder) were indicted on tax-related charges. Berman restored financial stability by selling off non-essential gaming assets and merging the company with Catskill Development LLC, which led to the cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Monticello, New York
Monticello ( ) is a village located in Thompson, Sullivan County, within the Catskills region of New York, United States. The population was 7,173 at the 2020 census. It is the seat for the Town of Thompson and the county seat of Sullivan County. The village was named after the residence of Thomas Jefferson. The village is located in the central part of Thompson, adjacent to New York Route 17. Monticello is the largest village in the county in both population and area. History In 1801, Samuel F. Jones was given the task of finding a route for the Newburgh and Cochecton Turnpike to connect The Hudson and Delaware Rivers. While he marked the path through what was then Orange and Ulster counties he saw an opportunity to build a village on the turnpike. Samuel convinced his younger brother, John Patterson Jones, to buy a 1861 acre tract of land that would be bisected by the turnpike so they could build this new village. In 1803, John and 11 other men started work on a sa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Entertainment Properties Trust
EPR Properties, formerly Entertainment Properties Trust, is a real estate investment trust based in Kansas City, Missouri, that invests in amusement parks, movie theaters, ski resorts, and other entertainment properties. It owns 353 properties as of 2022. History Entertainment Properties Trust was created by AMC Entertainment executive Peter Brown and financial analyst David Brain. They decided to establish a REIT focused on megaplex movie theaters after failing to find an existing REIT to help finance AMC's development of theaters. The company was incorporated on August 22, 1997. It held its initial public offering in November 1997, raising $278 million. By March 1998, Entertainment Properties had purchased 13 AMC theaters in sale-and-leaseback transactions. In 2005, the company established VinREIT, a subsidiary focused on vineyard properties. It purchased a portfolio of six vineyards and wineries from Constellation Brands in 2008 for $115 million. By 2010, the company was "eval ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiaries
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aqueduct Racetrack
Aqueduct Racetrack is a Thoroughbred horse racing facility and casino in the South Ozone Park and Jamaica neighborhoods of Queens, New York City, United States. Aqueduct is the only racetrack located within New York City limits. Its racing meets are usually from late October/early November through April. The racetrack is located adjacent to a casino called Resorts World New York City. The track itself has three courses. The main track (dirt) has a circumference of . Inside of the main track are two courses: the Main Turf Course, and the Inner Turf Course measuring . The track has seating capacity of 17,000 and total capacity of 40,000. The facility houses the headquarters of the New York Racing Association (NYRA). In December 2022 the New York Racing Association formally announced its intention to upgrade the facilities at nearby Belmont Park to make it suitable to host year-round thoroughbred racing and training, which would ultimately lead to the closure of Aqueduct Race ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lim Kok Thay
Tan Sri Lim Kok Thay (; born 16 August 1951) is a Malaysian Chinese billionaire businessman. He is the chairman of Genting Group, a casinos, resorts and palm oil conglomerate with a market capitalization of almost MYR40 billion, and the second son of fellow billionaire Lim Goh Tong, the company's founder. Career Lim is the chairman and board executive of Genting Malaysia Berhad & Genting Berhad, also known as Genting Group, a conglomerate active in leisure & hospitality, power generation, oil palm plantations, property development, biotechnology, and oil & gas business activities. He is the co-founder of Genting Hong Kong Limited, formerly known as Star Cruises Limited. Star Cruises, together with Norwegian Cruise Line was in 2011 the third largest cruise operator in the world, with a combined fleet of 18 ships providing about 35,000 lower berths. He has a bachelor's degree in civil engineering from University of London. He attended the six-week advanced management pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York (state)
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's popul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Seneca Niagara Casino & Hotel
Seneca Niagara Casino & Hotel is a casino in Niagara Falls, New York. It was built by the Seneca Nation to compete with Casino Niagara and Niagara Fallsview Casino Resort in Niagara Falls, Ontario. Formerly known as the Niagara Falls Convention and Civic Center, it was sold to the federally recognized Seneca Nation of New York. The casino floor has an area of with 99 gaming tables and 4,200 slot machines. It is the largest hotel in New York state outside of Manhattan. History The Seneca Niagara Casino opened on December 31, 2002, the result of an $80 million transformation of the Niagara Falls Convention and Civic Center into a full-service casino. It features 82,000 square feet of gaming space with 2,595 slot machines and 91 table games. In 2021 influenced by Covid restrictions center create their own Social Club. Restaurants *Western Door (Steakhouse) *Koi (Asian Cuisine) *La Cascata (Italian Cuisine) *Thunder Falls Buffet *Blues Burger Bar *Three Sisters Café *Morrie's Expre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foxwoods Resort Casino
Foxwoods Resort Casino is a hotel and casino complex owned and operated by the Mashantucket Pequot Tribal Nation on their reservation located in Ledyard, Connecticut. Including six casinos, the resort covers an area of . The casinos have more than 250 gaming tables for blackjack, craps, roulette, and poker, and have more than 5,500 slot machines. The casinos also have several restaurants, among them a Hard Rock Cafe. It has been developed since changes in state and federal laws in the late 20th century enabled Native American gaming on the sovereign reservations of federally recognized tribes. Foxwoods has two hotel towers, with a total of 2,228 hotel rooms; and an arcade for children and teens. The original tower, the Grand Pequot Tower, opened in 1997, while the second opened in 2008 as the MGM Grand. It was re-branded the Fox Tower in 2013. In 2015, a retail complex, known as Tanger Outlet Mall, opened between the two hotel towers with 85 stores featuring luxury goods. Hist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lim Goh Tong
Lim Goh Tong (; 28 February 1918 – 23 October 2007) was a prominent wealthy Malaysian Chinese businessman & entrepreneur. He was renowned for his transforming Genting Highlands from an unexplored hilltop into one of the world's most successful casino resorts. He was once the richest man in Malaysia with a net worth of US$4.2billion Early life Born in 1918 in Anxi, a mountainous county in southeastern Fujian province, China, Lim Goh Tong was the fifth child in his family. He had an elder brother (Jing Ya), three elder sisters (Lim Zhuang, Lim Bau and Lim See), a younger sister (Lim Mei) and a younger brother (Jing Kun). Lim was born into a rustic environment in a village. During that time, China was in a period of turmoil and unrest after the 1911 revolution, but life was relatively sheltered for Lim in the village. He grew up peacefully and had the opportunity of studying in school. However, disaster struck and his father died when he was 16. Lim was forced to leave school a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Malaysia. Peninsular Malaysia shares a land and maritime Malaysia–Thailand border, border with Thailand and Maritime boundary, maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the national capital, the country's largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government. The nearby Planned community#Planned capitals, planned capital of Putrajaya is the administrative capital, which represents the seat of both the Government of Malaysia#Executive, executive branch (the Cabine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple List of legal entity types by country, business entities operating in entirely different industries under one corporate group, usually involving a Holding company, parent company and many Subsidiary, subsidiaries. Conglomerates are often large and Multinational corporation, multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of Economic bubble, speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acqu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gambling
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three elements to be present: consideration (an amount wagered), risk (chance), and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are also common, allowing wagers on the outcome of a future sports contest or even an entire sports season. The term "gaming" in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; ''i.e.'', a "gaming" company offers (legal) "gambling" activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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