Monticello Electronic Racino Shuts Down
The Monticello Raceway in New York which is run by Empire Resorts has shut down electronic racino. Empire Resorts has been acquiring new business and is focusing on their new ventures. The Monticello Racetrack itself will remain open for now. Management has bot made any announcements that indicate they eventually plan on closing Monticello Raceway entirely.
The latest project the casino resort company is working is the Resorts World Catskills (RWC). Resorts World Catskills has actually been operational for a year but it’s only now that Empire has made a definite move to put it on the top of its priority list.
Empire Resorts’ plans are tipped to be big. Read more to see what insightful comments the CEO had on the future of Monticello and RWC.
The Impact of the Monticello Electronic Racino Shutdown
Although Empire is not closing the whole raceway, there will be an impact on at least its employees. There are fears that the entire racetrack may close eventually since Empire Resorts management is not averse to the idea of changing their minds on their business ventures. Almost 160 employees have been affected by the closure of Monticello Electronic racino. However, management has reiterated that those affected will be helped to find new positions at Resorts World Catskills.
Ryan Eller, Empire Resorts CEO, went on further to try and quell fears that the entire Monticello Venue will be shut down saying “We’re eager to explore various options to preserve the Monticello Raceway operations, and relocating the raceway video-gaming machines to Orange County would definitely go a long way to that goal.”
He also defended the decision to shut down the electronic racino, reiterating that the electronic gaming side of Monticello has been steadily declining while RWC was continuously gaining.
What to Look Forward to at RWC
Resorts World Catskills has 150 casino game tables, over 2,000 slot machines. Not only that RWC’s 18-story hotel tower boasts 332 hotel rooms, with eight garden suits, 12 luxury penthouse and seven villa style suites. New additional suites have been added on the upper level. RWC is more imposing both structurally and financially than the whole of Monticello and our feeling is eventually it will be completely be phased out.