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Stock Market & Financial Investment News

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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.
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