Empire Resorts Hires KPMG Corporate Finance LLC to Secure Additional Capital

Yahoo Finance -- Empire Resorts, Inc. (NASDAQ: NYNY) announced today that the Company has retained KPMG Corporate Finance LLC to assist the Company to secure additional capital to execute its business plan and to evaluate its strategic alternatives. The Company recently entered into an extension with the Bank of Scotland on a $10 million credit facility and is in continuing discussions with the holders of the Company’s $65 million Convertible Bond Issue.