A Real Horse Race

Summary


David Hanlon, CEO of Empire Resorts, played a pivotal role in the Entertainment City equation, with Hanlon entering into a partnership with Cappelli and working to move the 1,500-plus gaming machine racino enterprise from Monticello to Liberty. Cappelli, a major stakeholder in Empire Resorts, has repeatedly told the media he has no qualms about the future success of Entertainment City or finding financial backing, although the existing racino does not offer traditional gambling, at least not yet.

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Extract


A Real Horse Race

Valhalla developer Louis Cappelli is looking to resurrect the Borscht Belt from vacant to vital, including building a harness track racino, and in so doing received a big assist from the state legislature on its final day in session.

The legislative news did not escape ears at Yon...

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