Empire Resorts is a gaming and entertainment company. Its subsidiary, Monticello Raceway Management owns and operates the Monticello Casino & Raceway in Monticello, NY. The Company is also involved in the conducting pari-mutuel wagering on the running of live harness horse races; import simulcasting of harness and thoroughbred horse races from racetracks across the United States and internationally; and export simulcasting of races to offsite pari-mutuel wagering facilities.

TypePublic
HQMonticello, US
Founded1958
Size (employees)277 (est)
Websiteempireresorts.com
Empire Resorts was founded in 1958 and is headquartered in Monticello, US
Report incorrect company information

Viewing summary data as a guest

Sign up for free to see all data

Key People/Management at Empire Resorts

Emanuel R. Pearlman

Emanuel R. Pearlman

Executive Chairman of the Board
Ryan Eller

Ryan Eller

President/Chief Executive Officer
Nanette L. Horner

Nanette L. Horner

Executive Vice President/Chief Counsel/Chief Compliance Officer
Charles A. Degliomini

Charles A. Degliomini

Executive Vice President of Government Affairs Corporate Communications
Show more

Empire Resorts Office Locations

Empire Resorts has an office in Monticello
Show all (1)
Report incorrect company information

Empire Resorts Financials and Metrics

Empire Resorts Revenue

Empire Resorts's revenue was reported to be $65.85 m in FY, 2017
USD

Revenue (Q2, 2018)

82.7m

Net income (Q2, 2018)

(58.2m)

EBIT (Q2, 2018)

(41.3m)

Market capitalization (18-Oct-2018)

264.4m

Closing stock price (18-Oct-2018)

8.1

Cash (30-Jun-2018)

16.7m

EV

736.5m
Empire Resorts's current market capitalization is $264.4 m.
Annual
USDFY, 2016FY, 2017

Revenue

67.5m65.9m

General and administrative expense

19.7m15.7m

Operating expense total

19.7m95.8m

Depreciation and amortization

1.5m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Revenue

16.2m18.8m14.5m17.9m19.5m16.2m17.4m18.5m14.8m33.5m82.7m

General and administrative expense

2.9m2.7m2.8m3.0m3.0m3.6m6.5m5.2m3.7m8.1m25.0m

Operating expense total

2.9m2.7m2.8m3.0m3.0m3.6m6.5m5.2m3.7m52.4m123.9m

Depreciation and amortization

4.7m12.5m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

7.5m6.4m6.4m11.0m10.4m

Accounts Receivable

1.2m1.0m1.2m921.0k1.3m

Inventories

3.0m4.3m4.8m4.3m

Current Assets

12.8m13.5m13.8m17.3m15.9m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Cash

14.9m9.2m4.6m6.4m6.0m12.9m11.8m9.1m7.8m29.6m16.7m

Accounts Receivable

413.0k837.0k1.1m1.1m1.0m967.0k758.0k822.0k763.0k2.0m4.6m

Inventories

1.4m1.8m

Current Assets

20.4m16.6m11.2m13.2m13.4m21.0m18.1m15.9m13.6m39.5m29.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(21.5m)(23.9m)(36.6m)(24.2m)(46.3m)

Depreciation and Amortization

1.4m1.3m1.4m1.3m1.5m

Inventories

(184.0k)(1.3m)(544.0k)506.0k

Accounts Payable

(251.0k)(350.0k)(962.0k)1.0m418.0k
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018Q2, 2018

Net Income

(10.3m)(4.8m)(4.0m)(11.7m)(24.8m)(5.2m)(12.2m)(17.6m)(11.5m)(20.9m)(58.2m)

Depreciation and Amortization

335.0k321.0k333.0k674.0k1.0m336.0k671.0k1.0m336.0k4.7m12.5m

Inventories

(1.7m)

Accounts Payable

2.7m1.8m112.0k232.0k(103.0k)912.0k1.3m1.0m855.0k9.6m6.6m
USDY, 2018

EV/EBIT

-17.8 x

EV/CFO

-26.7 x

Financial Leverage

3.6 x
Show all financial metrics
Report incorrect company information

Empire Resorts Company Life and Culture

Report incorrect company information