Empire Resorts, Inc. (Empire) is a holding company for various subsidiaries engaged in the hospitality and gaming industries. Through its wholly owned subsidiary, Monticello Raceway Management, Inc. (MRMI), it owns and operates Monticello Casino and Raceway, a 45,000 square foot video gaming machine (VGM) and harness horseracing facility located in Monticello, New York. As of December 31, 2011, Monticello Casino and Raceway operated 1,110 VGMs, which includes 1,090 video lottery terminals (VLTs) and 20 electronic table game positions (ETGs) as an agent for the New York Lottery (NYL). VGMs are similar to slot machines, but they are connected to a central system and report financial information to the central system.