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boulder station casino pool“We think by taking [Empire] private and by optimizing some of the public company costs, by refashioning its approach to the market in its immediate location, and by tapping into and leveraging the broader Genting Group, that we can have this company quadrupling its performance,” said the source, who conceded that there would also need to be a recapitalization of the balance sheet.Bleeding MoneyWeighed down by debt, the underperforming venture in upstate New York has been losing an average of million a month since it opened in February 2018 with a promise to rejuvenate the region.The company has conducted business optimization analysis on the Catskills property.bicycle casino active tables86 million, a loss of more than .That’s big news for a property that has been generating less than half of the revenues that were projected before it opened, according to its most recent financial report.Previously, Empire was 88 percent owned by a trust belonging to the fmgm casino hours 2020amily of Genting chairman K.sycuan casino directions

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