Empire Resorts Appoints Gregg Polle to Board of Directors
December 30, 2010 - Empire Resorts, Inc., (NASDAQ: NYNY) today announced that Gregg Polle has joined its board of directors. From 1983 until November 2008 Mr. Polle served as an investment banker with Citigroup Inc. and its predecessors Salomon Brothers and Salomon Smith Barney. He most recently was the head of the global industrial group at Citigroup and previously was the co-head of Citigroup's global mergers and acquisitions group.
“We are very fortunate and excited to have someone of Gregg's caliber join our board of directors,” said Empire Resorts chairman of the board Emanuel Pearlman. “Given his distinguished career as an investment banker, and his continued involvement in capital markets, the appointment of Gregg Polle as a director will add a new dimension to our already actively engaged board.”
A private investor since 2008, Mr. Polle's investment banking experience spans 25 years, during which time he helped advise numerous companies on a diverse and in-depth variety of corporate finance issues, performed complex financial advisory activities, including mergers and acquisitions, capital raising and valuation assignments.
Mr. Polle was elected to a three year term at the Company's December 28, 2010 annual meeting of shareholders and is a Class I independent director. He will serve as Chairman of the Company's Audit Committee.
Empire Resorts' CEO Joseph D'Amato concluded, “Gregg Polle brings a new level of financial expertise to the Company. We look forward to benefitting from the insight that he will provide to help us achieve our long-term strategic objectives.”
Mr. Polle holds a B.S. in Economics from the Wharton School of the University of Pennsylvania.
About Empire Resorts Empire Resorts owns and operates the Monticello Casino & Raceway, a harness racing track and casino located in Monticello, New York, and 90 miles from midtown Manhattan. For additional information, please visit www.empireresorts.com.
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