Business Wire -- Empire Resorts, Inc. (NASDAQ: NYNY) announced today that Bank of Scotland has agreed to an extension of the Company’s $10 million secured credit facility that matures today. As part of the extension agreement, the Company reduced the outstanding balance of the credit facility to $6.4 million. The extension runs through June 30, 2009. The Company has entered into a letter of intent with a lender to provide the commitment to acquire or refinance the credit facility.
