Company Quick10K Filing
Empire Resorts
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 34 $305
10-Q 2019-11-07 Quarter: 2019-09-30
10-Q 2019-08-09 Quarter: 2019-06-30
10-Q 2019-05-08 Quarter: 2019-03-31
10-K 2019-03-15 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-07 Quarter: 2018-06-30
10-Q 2018-05-08 Quarter: 2018-03-31
10-K 2018-03-19 Annual: 2017-12-31
10-Q 2017-11-01 Quarter: 2017-09-30
10-Q 2017-08-01 Quarter: 2017-06-30
10-Q 2017-05-04 Quarter: 2017-03-31
10-K 2017-03-13 Annual: 2016-12-31
10-Q 2016-11-04 Quarter: 2016-09-30
10-Q 2016-08-02 Quarter: 2016-06-30
10-Q 2016-05-04 Quarter: 2016-03-31
10-K 2016-03-10 Annual: 2015-12-31
10-Q 2015-11-09 Quarter: 2015-09-30
10-Q 2015-08-05 Quarter: 2015-06-30
10-Q 2015-05-06 Quarter: 2015-03-31
10-K 2015-03-10 Annual: 2014-12-31
10-Q 2014-11-10 Quarter: 2014-09-30
10-Q 2014-08-14 Quarter: 2014-06-30
10-Q 2014-05-19 Quarter: 2014-03-31
10-K 2014-03-18 Annual: 2013-12-31
10-Q 2013-11-04 Quarter: 2013-09-30
10-Q 2013-08-13 Quarter: 2013-06-30
10-Q 2013-05-14 Quarter: 2013-03-31
10-K 2013-03-21 Annual: 2012-12-31
10-Q 2012-11-13 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-15 Quarter: 2012-03-31
10-K 2012-03-19 Annual: 2011-12-31
10-Q 2011-11-10 Quarter: 2011-09-30
10-Q 2011-08-12 Quarter: 2011-06-30
10-Q 2011-05-13 Quarter: 2011-03-31
10-K 2011-03-18 Annual: 2010-12-31
10-Q 2010-11-12 Quarter: 2010-09-30
10-Q 2010-08-12 Quarter: 2010-06-30
10-Q 2010-05-17 Quarter: 2010-03-31
10-K 2010-03-25 Annual: 2009-12-31
8-K 2019-11-15 M&A, Shareholder Rights, Officers, Amend Bylaw, Exhibits
8-K 2019-11-13 Shareholder Vote
8-K 2019-11-06 Other Events
8-K 2019-10-30 Sale of Shares, Exhibits
8-K 2019-10-29 Other Events, Exhibits
8-K 2019-09-30 Enter Agreement, Amend Bylaw, Exhibits
8-K 2019-09-23 Sale of Shares, Exhibits
8-K 2019-09-11 Officers
8-K 2019-08-30 Other Events
8-K 2019-08-26 Sale of Shares, Exhibits
8-K 2019-08-18 Enter Agreement, Other Events, Exhibits
8-K 2019-08-05 Regulation FD, Exhibits
8-K 2019-07-25 Regulation FD, Exhibits
8-K 2019-07-17 Officers
8-K 2019-06-20 Other Events
8-K 2019-06-17 Sale of Shares, Exhibits
8-K 2019-05-21 Sale of Shares, Exhibits
8-K 2019-05-06 Shareholder Vote
8-K 2019-04-23 Exit Costs
8-K 2019-03-25 Other Events
8-K 2019-03-12 Amendment
8-K 2019-02-20 Sale of Shares, Exhibits
8-K 2019-01-22 Exit Costs, Other Events
8-K 2019-01-01 Other Events
8-K 2018-11-30 Off-BS Arrangement
8-K 2018-11-21 Officers
8-K 2018-11-09 Enter Agreement, Sale of Shares, Amend Bylaw, Other Events, Exhibits
8-K 2018-11-05 Shareholder Vote
8-K 2018-08-30 Off-BS Arrangement
8-K 2018-07-23 Off-BS Arrangement
8-K 2018-07-02 Regulation FD, Exhibits
8-K 2018-06-25 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-05-03 Other Events, Exhibits
8-K 2018-02-05 Other Events, Exhibits
8-K 2018-01-17 Officers, Other Events
8-K 2017-12-28 Enter Agreement, Off-BS Arrangement, Sale of Shares, Exhibits

Empire Resorts Financials

NYNY Metrics, Comps, Filings

Annual | Quarterly

Business

Empire Resorts, Inc. ("Empire," and, together with its subsidiaries, the "Company," "us," "our" or "we") was organized as a Delaware corporation on March 19, 1993 and, since that time, has served as a holding company for various subsidiaries engaged in the hospitality and gaming industries.

Our indirect, wholly-owned subsidiary, Montreign Operating Company, LLC, doing business as Resorts World Catskills ("Montreign Operating"), owns and operates Resorts World Catskills, a casino resort (the "Casino"), which is located at the approximately1,700-acre site of a four-season destination resort ("Destination Resort") in Sullivan County, New York, approximately 90 miles from New York City. The Destination Resort in which Resorts World Catskills is located also includes a 101-room lifestyle hotel ("The Alder") adjacent to the Casino. The Alder is owned and operated by Empire Resorts Real Estate II, LLC ("ERREII"), a wholly-owned subsidiary of Montreign Operating. Empire Resorts I, LLC ("ERREI"), which is a wholly-owned subsidiary of Montreign Operating, is developing a golf course (the "Golf Course Project" and, together with the Casino and The Alder, the "Development Projects") at the Destination Resort.

Through our wholly-owned subsidiary, Monticello Raceway Management, Inc. ("MRMI"), we own and operate Monticello Casino and Raceway, which began racing operations in 1958 in Monticello, New York, which is proximate to the Casino. Monticello Casino and Raceway currently features a video gaming machine ("VGM") and harness horseracing facility. The Company recently announced that VGM operations and food and beverage service at Monticello Casino and Raceway will cease on or about April 23, 2019. We also generate racing revenues through pari-mutuel wagering on the running of live harness horse races, the import simulcasting of harness and thoroughbred horse races from racetracks across the country and internationally, and the export simulcasting of our races to offsite pari-mutuel wagering facilities.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Bojangles' (BOJA) 524 17% 7.9 10% 551 259 565 95 53 77 607
El Pollo Loco (LOCO) 456 0% 27.1 -0% 637 374 441 0 -2 20 530
Del Taco Restaurants (TACO) 454 0% 16.3 1% 955 532 353 0 9 37 596
Red Robin (RRGB) 406 0% 7.6 -1% 1,260 890 1,320 0 -7 74 562
Chuy's Holdings (CHUY) 379 57% 13.9 1% 455 257 413 236 5 26 367
Carrols Restaurant Group (TAST) 359 21% 10.4 -1% 1,690 1,364 1,264 259 -10 77 809
Noodles (NDLS) 337 0% 14.8 -0% 381 334 460 0 -0 26 379
Empire Resorts (NYNY) 305 0% -17.3 -18% 876 691 230 0 -154 -47 814
Fiesta Restaurant (FRGI) 297 69% -337.1 -8% 610 397 680 467 -47 -1 354
Nathans Famous (NATH) 292 42% 11.8 21% 105 170 102 42 22 31 368
Del Frisco's (DFRG) 265 72% -8.6 -11% 897 698 481 349 -100 -71 608
LiveXLive Media (LIVX) 217 11% -7.1 -70% 54 52 36 4 -38 -31 219
J. Alexander's (JAX) 174 0% 21.0 3% 246 119 247 0 6 8 178
RCI Hospitality (RICK) 170 86% 4.8 5% 351 182 178 154 16 33 159
Potbelly (PBPB) 116 0% 20.8 -8% 345 272 413 0 -26 5 98
One Group Hospitality (STKS) 95 0% 13.1 4% 95 82 92 0 4 8 107
Papa Murphy's (FRSH) 93 0% 9.6 2% 239 138 121 0 5 18 170
Ark Restaurants (ARKR) 71 0% 7.8 5% 90 45 161 0 4 11 90
FAT Brands (FAT) 52 0% 17.0 -5% 78 73 22 0 -4 4 71
Diversified Restaurant Holdings (SAUC) 47 0% 11.5 -3% 139 160 156 0 -4 12 140

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash159866111050
Accounts Receivable11111116
Inventory00001
PP&E27273738262627698
Assets5052394065340832846
Accounts Payable233212310
Long-Term Debt17171717170470561
Liabilities252849576760561635
Stockholders' Equity2525-10-17-1280271212
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue70727165686766195
Cost of Revenue
Gross Profit
R&D
SG&A1213311213201669
Tax0000000
Net Income-0-1-22-24-37-24-46-139
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating33-4-15-31-13-34-67
Cash Investing-1-9-7-2-20-236-432-76
Cash Financing-0091652254466139