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HOTEL EXECUTIVE

Empire to be Listed on NASDAQ Global Market

. October 14, 2008

FEBRUARY 21, 2007. Empire Resorts, Inc. (NASDAQ: NYNY) today announced that its stock will be listed on the NASDAQ Global Market effective Monday, February 26, 2007. Currently, the company's shares trade on the NASDAQ Capital Market.

"Moving to the NASDAQ Global Market reflects our continued growth and the progress we've made improving our operating performance and capital structure," said David P. Hanlon, Empire's President and CEO. "The listing will enhance our ability to attract quality, long-term investors and market the stock to a broader base of individuals and institutions."

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