- The Washington Times - Tuesday, April 14, 2009

MONTICELLO, N.Y. (AP) - Struggling gaming company Empire Resorts says its two top leaders are stepping down, it is relocating its headquarters and taking other cost-cutting measures.

The company said Tuesday that as part of a restructure, it is relocating its headquarters from Las Vegas to New York. It also says its board has accepted the resignation of President and Chief Executive David Hanlon. The company’s Chief Financial Officer Ronald Radcliffe has also given his resignation.

A chief restructuring officer and special committee will lead the company.

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