MGM Resorts International said Tuesday it remains keenly interested in establishing a casino and entertainment complex in Bridgeport, even though it is now acquiring a gambling venue less than 50 miles away in Yonkers, N.Y. The gambling giant said it has been "unwavering" in its interest in Connecticut...
Saying it remains committed to developing a resort casino in Bridgeport, MGM Resorts International announced today it's acquiring Empire City, a racetrack casino in Yonkers, N.Y., for $850 million. MGM Resorts proposed a Bridgeport casino last year, announcing it intended to push for the state legislature to establish a competitive-bidding process for a commercial casino license.
The $850 million purchase of the Empire City Casino in Yonkers by MGM Resorts International is a "very big deal," according to the former top gambling regulator in New York. John Sabini, who now runs a public affairs firm , said the 97-acre property at Yonkers has come a long way in the last 20 years, when it was just a "sleepy track" with a questionable future.
MGM Resorts International and MGM Growth Properties LLC announced that MGM Resorts has entered into an agreement to acquire the Empire City Casino's race track, Yonkers Raceway, and the casino for $850 million. MGM Resorts and MGP have entered into an agreement whereby MGP will acquire the developed real property associated with Empire City from MGM Resorts and lease it back to a subsidiary of MGM Resorts, after which a subsidiary of MGM Resorts will operate the property, it was announced on Tuesday morning, May 29. "We are excited to announce the addition of Empire City to the MGM Resorts portfolio," said Jim Murren, chairman and CEO of MGM Resorts International.
... to sell its racing and gaming property and operations to MGM Resorts International ("MGM Resorts") (NYSE: MGM). Yonkers Racing Corporation, owner and operator of the gaming and racing facilities of Empire City Casino ("Empire City"), one of the ...
May 1, 2017 - PRLog -- Courtyard by Marriott Yonkers Westchester County is scheduled to open its doors in Yonkers, New York this Thursday, May 4, 2017. Featuring an innovative lobby space as well as Courtyard's latest contemporary room design, the new hotel provides flexibility and choices that allow guests to optimize and elevate their travel experience.
