In 2003, Berman restructured Alpha Hospitality after principal shareholders of the Bryanston Group (Alpha Hopitality's controlling shareholder) were indicted on tax-related charges.
Berman, who in the previous year had been offered control as CEO of Alpha Hospitality by Stanley Tollman. The consolidation was carried out by Robert A. Headquartered in Monticello, New York, Empire Resorts is owned by affiliates of the Genting Group (with a 51% stake held by Kien Huat Realty and 49% by Genting Malaysia).Įmpire Resorts was founded in 2003 through a consolidation of Alpha Hospitality and Catskill Development LLC, a company that had purchased the Monticello Raceway in 1996. Empire Resorts is a gaming company that owns and operates Resorts World Catskills and Monticello Raceway in the Catskill Mountains, 90 miles (140 km) from New York City.
