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$750M Adelaar Casino Resort Unveiled

KIAMESAHA LAKE, NY-EPR Properties and partner Empire Resorts, Inc. unveiled its new $750-million four-season destination casino resort to be built at the site of the former Concord Resort here.

By John Jordan | Updated on March 13, 2014

KIAMESAHA LAKE, NY-EPR Properties and partner Empire Resorts, Inc. unveiled its new $750-million Adelaar four-season destination casino resort to be built at the site of the former Concord Resort here.

The EPR and Empire Resorts team has secured all the necessary approvals for the venture but is awaiting word on the award of up to two casino licenses by New York State for the Catskills region. EPR and Empire Resorts, which currently operates the Monticello Casino and Raceway, say they intend to apply with state gaming authorities to own and operate the gaming resort that will also feature a four-star hotel and a water park. The firm states that it intends to break ground within 30 days of securing a destination gaming resort license from New York State. Observers believe the state will announce its selection of gaming resort locations in the fall of this year.

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