![]() ![]() And it seems like the investment isn’t making any profit as its investors are considering a pre-packaged bankruptcy. The Resorts World Catskills near Monticello in Sullivan County is worth nearly US$1.2 billion. The casino’s financial challenges were outlined in a report filed last week by the establishment’s operator, Empire Resorts, with the Securities & Exchange Commission (SEC). ![]() Furthermore, it has incurred more than US$400 million in debt, increasing the odds of the casino reorganizing and declaring bankruptcy. The casino, which is the state’s largest and most lavish entertainment destination, lost US$73 million in it first six months of 2019. Recently updated on August 23rd, 2019 The Resorts World Catskills Casino in upstate New York is facing the possibility of having to declare bankruptcy. Published by Rachel Elam AugCategorie(s): Casino News Resorts World Catskills in New York Facing Bankruptcy
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