 Monticello Raceway owner Empire Resorts announced plans to explore development of a racino resort on the property in partnership with Entertainment Properties.On May 5, 2011 the owners of the Mohegan Sun casino in Uncasville, Connecticut announced a competing joint venture with Cappelli Enterprises Inc. to build a $600 million racino on the site of the former hotel.According to the statement, the new resort will include a 258-room hotel, casino with 2,100 video lottery terminals, five restaurants, a harness racing facility and grandstand, and a simulcast facility for pari-mutuel wagering.