Hanlon on Board for Racino at Monticello

Aug 5, 2003 5:31 AM

Longtime gaming executive Dave Hanlon has been named vice chairman of Empire Resort Inc. (NYNY), the company that plans to open a racino at Monticello Raceway in the New York Catskills.

Hanlon is one of six new members of the board that officially takes effect on Tuesday, Aug. 5.

Others joining the board are David Matheson, chairman; John Sharpe, Arthur Sonnenblick, Joseph Bernstein and Ralph Bernstein. They will be working with the previous board members, Robert Berman, company CEO; Paul deBary, Jay Holt and President Morad Tahbaz.

In addition to the Monticello racino, the company hopes to join with the Cayuga Nation of New York in building a $500,000 Native American casino on land adjoining Monticello Raceway.

Hanlon, who has held executive positions with Caesars, Harrah’s, Rio Suites Hotel/Casino, Trump Plaza, Resorts International and International Game Technology, will be adding a great deal of gaming knowledge to the board in his capacity as vice chairman.

Commenting on his appointment, Hanlon said, "The company is well advanced in its position to benefit from the recent (legalization) of video lottery terminals at horse tracks, and Indian gaming at three locations in the Catskills. The location of the Monticello Raceway, within convenient driving distance of approximately 25 million people, and one hour closer to New York City than the casinos of Atlantic City, Foxwoods and Mohegan Sun, presents a unique formula for success for the company and its shareholders."

Aristocrat Technologies Inc., the U.S. subsidiary of Aristocrat Leisure Ltd., has announced the appointment of Cornelius "Cory" Klerk as vice president, finance.

Klerk previously was senior vice president and chief financial officer of Silverton Hotel Casino. He also has held senior positions with the Aladdin Hotel/Casino and the former gaming division of Hilton Hotels.