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Concord Associates distributes shares of Empire Resorts, owns 0% of gaming company
By Lisa Kerner
Charlotte, N.C., May 27 - Empire Resorts, Inc. shareholder Concord Associates, LP distributed to its indirect owners their respective pro rata share of the 2.5 million shares of Empire Resorts purchased in December 2006 under an option agreement.
As a result, the investors no longer have an ownership interest in Empire Resorts, a schedule 13D filing with the Securities and Exchange Commission stated.
Empire Resorts, located in Henderson, Nev., operates in the hospitality and gaming industries in New York.
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