X0203 3/A 2008-06-30 2008-07-03 0 0000906780 EMPIRE RESORTS INC NYNY 0001432054 CAPPELLI LOUIS C/O CAPPELLI ENTERPRISES, INC. 115 STEVENS AVENUE VALHALLA NY 10595 1 0 0 1 See footnote (1) 0001437954 LRC Acquisition LLC C/O CAPPELLI ENTERPRISES, INC. 115 STEVENS AVENUE VALHALLA NY 10595 1 0 0 1 See footnote (1) Common Stock, par value $1.00 3607602 I By LRC Acquisition LLC Louis R. Cappelli ("Cappelli") serves as the managing member and majority owner of LRC Acquisition LLC ("LRC"), and indirectly owned the shares of Empire Resorts, Inc. ("Empire") common stock reported on the original Form 3. The original Form 3 mistakenly reported that LRC directly owned 2,433,090 of the shares reported on the original Form 3, and that Cappelli Resorts, LLC ("Resorts") directly owned 1,174,512 of the shares reported on the original Form 3. This amendment to the original Form 3 is being filed to report that LRC directly owned all of the shares reported on the original Form 3, and that Resorts owned none of the shares reported on the original Form 3. The six Form 4's filed by the reporting persons subsequent to the filing original Form 3 also mistakenly reported that Resorts, instead of LRC, directly owned 1,174,512 shares of common stock of Empire. Neither LRC nor Cappelli beneficially owns ten percent (10%) of the outstanding shares of Empire. Each of LRC and Cappelli disclaims beneficial ownership of the shares reported on the original Form 3 other than the shares directly by such person. /s/ LOUIS R. CAPPELLI 2010-12-06 LRC ACQUISITION LLC /s/ LOUIS R. CAPPELLI, Managing Member 2010-12-06