Empire Announces New Board Appointments
AUGUST 22, 2007. Empire Resorts, Inc. (NASDAQ: NYNY) today announced that, effective immediately, James Simon and Richard Robbins have been appointed to the Company's Board of Directors. Both individuals will fill existing openings on the Board with terms to run until the next annual meeting, at which time they will be voted on by the Company's stockholders.
Richard Robbins was, most recently, the principal financial officer for Footstar, Inc., managing all aspects of the company's financial reporting and assisting in its restructuring. Prior to this, Mr. Robbins was a consultant and also served 30 years with Arthur Andersen, including 24 years at the partner level, where he started their New Jersey gaming practice. He has over 35 years experience in accounting, financial analysis, and strategic planning.
James Simon is a managing partner at Strategic Marketing Consultants and served in various senior executive marketing positions at Fortune 100 companies after completing 20 years of active duty as a U.S. Army officer - where he rose to be the senior marketing officer and one of the strategic architects behind the all-recruit Army. During his career, Mr. Simon has initiated a plethora of innovative marketing campaigns aimed at growing operations and increasing customer satisfaction.
"We are very pleased to announce these excellent additions to our Board of Directors," stated David P. Hanlon, CEO and president of Empire Resorts. "Jim Simon will bring important marketing skill sets to our board, while Dick Robbins has invaluable financial credentials. Both will prove critical as we continue to implement initiatives to improve the existing Monticello Gaming and Raceway operations and, concurrently, plan for the future St. Regis Mohawk Casino. We look forward to incorporating their experience and expertise onto our already strong Board."
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