Empire Resorts Announces Extension of Rights Offering

Empire Resorts, Inc. NYNY announced today that it will extend the rights offering until May 20, 2011 in order to ensure that our shareholders have adequate time to evaluate and consider the impact of our recent announcement of the exclusivity agreement to negotiate with other parties for the development of the Concord site located in Sullivan County, New York, including any changes in the market price of our common stock as a result thereof.