Item 1.01. Entry into a Material Definitive Agreement.

On July 10, 2009, Empire Resorts, Inc. (the "Company") entered into an amendment (the "Amendment") to that certain Loan Agreement, dated as of January 11, 2005, among the Company, the guarantors listed on the signature page thereto and Bank of Scotland (the "Loan Agreement"). The Amendment extends the maturity date of the Loan Agreement from July 10, 2009 to July 17, 2009.

The foregoing summary of the Amendment does not purport to be complete and is subject to and qualified in its entirety by reference to the actual text of such amendment, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Exhibits

99.1 Amendment No. 7 to Loan Agreement, dated January 11, 2005 by and among Empire Resorts, Inc., the guarantors listed on the signature page thereto and Bank of Scotland, dated as of July 10, 2009.

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