Mighty M Gaming Announces the Arrival of Progressive Jackpots to the Catskills; Empire Resorts' Catskill Based Gaming Center Com

Empire Resorts, Inc. (NASDAQ: NYNY), owner and operator
of Mighty M Gaming, located just 90 minutes from New York City, today
announced the installation of its first video gaming progressive
jackpot machines. The arrival of progressive jackpot machines make
this popular Catskill gaming destination the third New York based
gaming facility to offer these exciting games.
   Eleanor Lederman of Monticello, a frequent visitor, became the
first Mighty M Gaming patron to play IGT's new Spam progressive
machine. The Spam game is one of the latest additions to the Mighty M
Gaming's VGM gaming floor.
   "This game offers the customer any wagering combinations from
$0.02 to $2.50 with wagering on twenty-five line combinations and, of
course, an ever increasing top jackpot," said Dave Hanlon, CEO and
president of Empire Resorts, Inc, owner and operator of the Monticello
Raceway and Mighty M Gaming at Monticello Raceway.
   "The racino's customers have been asking for progressive machines
since our opening day a year ago and we are thrilled that IGT has
invested into the necessary design and engineering to begin meeting
that demand," Hanlon said.
   Mighty M Gaming is located in Monticello, N.Y. In addition to over
1,700 video gaming machines, the facility also offers a 350-seat
buffet, food court and the Lava Lounge with live entertainment. Mighty
M Gaming is open daily from 10 a.m. until 2 a.m.

   About Empire Resorts, Inc. 

   Empire operates the Monticello Raceway and is involved in the
development of other legal gaming venues in New York. Empire opened
Mighty M Gaming at the Raceway site on June 30, 2004. This facility
features over 1,700 video gaming machines and amenities such as a
350-seat buffet and live nightly entertainment. Together with the
Cayuga Nation of New York, Empire has also announced plans to develop
a $500 million "Class III" Native American casino and resort on a site
adjacent to the Raceway, and the company is also working to develop
other gaming and non-gaming resort projects in the Catskill's region.

   Statements in this press release regarding the company's business
that are not historical facts are "forward-looking statements" that
involve risks and uncertainties, including the need for regulatory
approvals, financing and successful completion of construction. The
company wishes to caution readers not to place undue reliance on such
forward-looking statements, which statements are made pursuant to the
Private Securities Litigation Reform Act of 1994, and as such, speak
only as of the date made. To the extent the content of this press
release includes forward-looking statements, they involve various
risks and uncertainties including (i) the risk that the various
approvals necessary as described herein and other approvals required
to be obtained from the United States Congress, the Bureau of Indian
Affairs, the National Indian Gaming Regulatory Commission, the
Governor of the State of New York and various other federal, State and
local governmental entities are not received, (ii) the risk that
financing necessary for the proposed programs or projects may not be
able to be obtained because of credit factors, market conditions or
other contingencies, (iii) the risk that sovereign Native American
governments may exercise certain broad rights with regard to
termination of its agreements with the company (iv) the risk of
non-compliance by various counterparties of the related agreements,
and (v) general risks affecting the company as described from time to
time in it's reports filed with the Securities and Exchange
Commission. For a full discussion of such risks and uncertainties,
which could cause actual results to differ from those contained in the
forward-looking statements, see "Risk Factors" in the company's Annual
Report or Form 10-K for the most recently ended fiscal year.