Comment on Sullivan County casino owner loses $138.7 million in 2018

Sullivan County casino owner loses $138.7 million in 2018

THOMPSON — Empire Resorts, the parent company of Resorts World Catskills casino, recorded a 2018 loss of $138.7 million on revenue of $194.8 million and operating expenses of $283.9 million, according to an earnings report filed Friday with the Securities and Exchange Commission.Interest on Empire Resorts’ $495.7 million of debt accounted for $49.83 million, or 36 percent of its 2018 losses.

 

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