SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 14)*

Empire Resorts, Inc.

(Name of Issuer)

Common Stock, $.01 Par Value Per Share

(Title of Class of Securities)

292052107

(CUSIP Number)

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

January 15, 2015

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 140.13d-1(g), check the following box. [ ]

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

This Amendment No. 14 (this “Amendment No. 14”) amends and supplements the Schedule 13D filed by Kien Huat Realty III Limited (“Kien Huat”) and Lim Kok Thay (“Mr. Lim” and, together with Kien Huat, the “Reporting Persons”) with the Securities and Exchange Commission on August 27, 2009, as previously amended (the “Schedule 13D”), relating to the common stock, par value $.01 per share (the “Common Stock”) of Empire Resorts, Inc. (the “Issuer”). All capitalized terms used in this Amendment No. 14 and not otherwise defined herein have the meanings ascribed to such terms in the Schedule 13D.

Items 3, 4 and 5 are hereby amended and supplemented to add the following:

Item 3. Source and Amount of Funds or Other Consideration

The disclosure set forth under Item 4 of this Amendment No. 14 is incorporated herein by reference.

Item 4. Purpose of Transaction

On January 5, 2015, the Issuer announced an offering to the holders of its Common Stock and Series B Preferred Stock of non-transferable subscription rights to purchase one share of Common Stock at a subscription price of $7.10 per share for each 5.6 shares of Common Stock owned, or into which the Series B Preferred Stock is convertible (the “2015 Rights Offering”). Under the terms of the 2015 Rights Offering, Kien Huat had the right to purchase an additional 4,321,798 shares of Common Stock, which it exercised in full on January 15, 2015. Kien Huat paid the Issuer a total of $30,684,765.80 in connection with such exercise.

Item 5. Interest in Securities of the Issuer

(a-b) As of the date hereof, including the 4,321,798 shares of Common Stock purchased as described above, the Reporting Persons may be deemed to share beneficial ownership of 28,523,870 shares of Common Stock, representing approximately 65.1% of the outstanding Common Stock (based on 39,506,424 shares of Common Stock reported to be outstanding as of the close of business on January 2, 2015, by the Issuer in its prospectus supplement filed on January 5, 2015, in connection with the 2015 Rights Offering, plus such 4,321,798 newly issued shares).

SIGNATURES

After reasonable inquiry and to the best of my knowledge, I certify that the information set forth in this statement is true, complete and correct.

Dated: January 16, 2015

EXHIBIT INDEX