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March 12, 2013
07:06 EDTNYNY, EPREmpire Resorts signs agreement to construct casino and hotel
Empire Resorts (NYNY) and the Hudson Valley Building & Construction Trades Council announced that Ciminelli, the construction manager for a proposed casino, hotel and harness racetrack to be built by Empire's subsidiary, Monticello Raceway Management, has signed a Project Labor Agreement with HVBCTC. The proposed casino project is to be situated on property owned by a subsidiary of EPR Properties (EPR), comprising 1,500 acres located at the site of the former Concord Resort in Sullivan County, New York. When the development project receives necessary regulatory approvals and financing, the proposed casino project is expected to create approximately 1,200 full-time-equivalent union jobs during construction.
News For NYNY;EPR From The Last 14 Days
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October 28, 2014
16:27 EDTEPREPR Properties sees FY15 FFO $4.30-$4.40, consensus $4.39
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16:26 EDTEPREPR Properties narrows FY14 FFO view to $4.03-$4.07 from $4.00-$4.10
Consensus $4.02. EPR Properties is increasing its 2014 guidance for investment spending to a range of $600M-$750M from its prior range of $550M-$600M. The upper end of this range contemplates a recreation resort investment opportunity of approximately $135M which is anticipated to close in Q4 near year-end but this cannot be assured.
16:25 EDTEPREPR Properties sees Q4 FFO $1.03-$1.07, consensus $1.06
16:22 EDTEPREPR Properties reports Q3 AFFO $1.08, consensus $1.04
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