X0306 4 2019-01-30 0 0000906780 EMPIRE RESORTS INC NYNY 0001315915 PEARLMAN EMANUEL R 350 EAST 79TH STREET NEW YORK NY 10075 1 1 0 0 Executive Chairman Common Stock, $.01 par value per share 2019-01-30 4 S 0 1000 12.2123 D 121722 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 27, 2018. The price reported in Column 4 is a weighted average price. These shares were sold in the open market in multiple transactions at prices ranging from $12.01 to $12.63, inclusive. The reporting person undertakes to provide to Empire Resorts, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. /s/ Nanette L. Horner, by Power of Attorney 2019-01-30