Empire Resorts, Inc. (NASDAQ: NYNY), today issued the following press release:
ALL THREE LEADING INDEPENDENT PROXY ADVISORY FIRMS RECOMMEND EMPIRE RESORTS STOCKHOLDERS VOTE FOR THE MERGER WITH AFFILIATES OF KIEN HUAT
REALTY III LIMITED AND GENTING MALAYSIA BERHAD
EMPIRE RESORTS REMINDS STOCKHOLDERS TO VOTE FOR THE MERGER AND RELATED PROPOSALS AT THE
NOVEMBER 13, 2019 SPECIAL MEETING
MONTICELLO, N.Y. (BUSINESS WIRE) Empire Resorts, Inc. (NasdaqGM: NYNY) (Empire
Resorts or the Company) today announced that all three independent proxy advisory firms, Institutional Shareholder Services Inc. (ISS), Glass, Lewis & Co. (Glass Lewis) and Egan Jones, recommend a
vote FOR the adoption of the Agreement and Plan of Merger (the merger agreement) between Empire Resorts and certain affiliates of Kien Huat Reality III ltd. and Genting Malaysia Berhad, which will be voted upon at the
November 13, 2019 Special Meeting of Empire Resorts Stockholders. As previously announced, under the terms of the merger agreement, holders of Empire Resorts common stock will receive $9.74 per share in cash in the merger.
Empire Resorts Board of Directors encourages stockholders to vote FOR each of the proposals relating to the merger by
completing and returning their proxy card. Stockholders are advised that if they have any questions or need assistance in voting their shares, they should contact Empire Resorts proxy solicitor, MacKenzie Partners, Inc. at (800) 322-2885.
Your vote is important. Please vote to ensure your shares are counted at the meeting.
About Empire Resorts, Inc.
Empire
Resorts, Inc. was organized as a Delaware corporation on March 19, 1993, and since that time has served as a holding company for various subsidiaries engaged in the hospitality and gaming industries. Empire owns and operates Resorts World
Catskills, an all-season integrated destination casino resort located in Sullivan County, New York, approximately 90 miles from New York City, including
the 101-room lifestyle hotel The Alder adjacent to the casino. Empire also owns and operates Monticello Raceway, a harness horseracing facility that began racing operations in 1958 in Monticello, New
York, approximately 90 miles northwest of New York City.
Further information about the Company is available at www.empireresorts.com,
www.rwcatskills.com and www.monticellocasinoandraceway.com.
Additional Information and Certain Information Regarding Participants
The Company, its directors and certain of its executive officers may be deemed to be participants in the solicitation of proxies from Company
stockholders in connection with the proposed transaction. The Company has filed a definitive proxy statement and other relevant materials with the SEC on October 11, 2019 in connection with any such solicitation of proxies from Company
stockholders. COMPANY STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE PROXY STATEMENT AND ANY OTHER RELEVANT MATERIALS IN THEIR ENTIRETY AS THEY CONTAIN IMPORTANT INFORMATION. Information regarding the ownership of the Companys directors and
executive officers in the Companys common stock is included in their SEC filings on Forms 3, 4, and 5, which can be found through the Companys website (http://www.empireresorts.com), or through the SECs website at www.sec.gov.
Information can also be found in the Companys other SEC filings, including the Companys Annual Report on Form 10-K for the year ended December 31, 2018. More detailed and updated information
regarding the identity of potential participants, and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement and other materials filed with the SEC in connection with the proposed
transaction. Stockholders may obtain the definitive proxy statement, any amendments or supplements to the proxy statement and other documents filed by the Company with the SEC for no charge at the SECs website at www.sec.gov. Copies are also
available at no charge at the Companys website at http://www.empireresorts.com, or by writing to Empire Resorts, Inc., at c/o Monticello Casino and Raceway, 204 State Route 17B, P.O. Box 5013, Monticello, New York 12701.