NEW YONKERS HOTEL? Empire City sits on a 97-acre property and serves approximately 16 million eligible gaming customers in southern New York and one wonders if they will propose putting a hotel on the property.
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SEEKING ALPHA: Has MGM Lost Its Way… Again?
https://www.facebook.com/groups/YonkersNewswire/permalink/2108821829375384/
YONKERS: MGM’s purchase of Empire City: What may happen: MGM’s purchase of Yonkers Raceway and Empire City Casino, to be finalized in early 2019, will have ripple effects through the region
https://www.facebook.com/groups/YonkersNewswire/permalink/2109730759284491/
Did MGM Give The Rooney Family The Shaft In The #Yonkers Casino Deal?…. MGM Just Paid A Billion For A Cleveland Racino.
https://www.facebook.com/groups/YonkersNewswire/permalink/2144062212518012/
YONKERS FUTURE: The MGM Springfield is scheduled to open on Aug. 24 and is trying to attract gamblers with a television, print, billboard and social media advertising. The $960 million Massatuchets casino is the latest addition the MGM brand
https://www.facebook.com/groups/YonkersNewswire/permalink/2161274317463468/
Empire Casino / Yonkers Raceway Managers And Employees Will Get To Keep Their Jobs For At Least A Year…. However, Yonkers Mayoral Liaison Dennis Robertson’s Casino Cleaning Contract Could Be Gone Before 2019 Is Over…..
https://www.facebook.com/groups/YonkersNewswire/permalink/2222870397970526/
FOR IMMEDIATE RELEASE: Mayor Mike Spano announced today that MGM Resorts International’s acquisition of Empire City Casino and Yonkers Raceway will result in a transfer tax payment of between $7 million and $8 million to the City of Yonkers.
https://www.facebook.com/groups/YonkersNewswire/permalink/2230275380563361/
They should withdraw the lawsuit if they want to proceed, if they want to be in our community. This is not a good way to begin their relationship with Yonkers, or frankly, the victims of gun violence.”” New York State Senator Shelley Mayer
https://www.facebook.com/groups/YonkersNewswire/permalink/2240476619543237/
LET’S MAKE SOME DEALS: It’s Another Day And IDA Chairman Mayor Mike Spano Is Talking About Even More Deals……
QUOTE: “I’ve had a number of conversations with them. Clearly, they are very guarded about what their plans are,” Yonkers Mayor Mike Spano said. “That being said, they have said over and over again that they do have plans and that they’re huge plans.”
https://www.facebook.com/groups/YonkersNewswire/permalink/2254717354785830/
MEET THE NEW BOSS: Corporate Leaders At MGM Name A New Head Honcho For Yonkers’ Casino And Racetrack
MGM STATEMENT: Uri Clinton, will be president and chief operating officer of the Empire City racino. Uri’s proven leadership and wide range of skills have been instrumental in the company’s development efforts in New York and Connecticut, and he will continue to build on those successes with this new role,” MGM Resorts President Bill Hornbuckle
https://www.facebook.com/groups/YonkersNewswire/permalink/2265308213726744/
New York has approved four of seven commercial casino licenses as part of a casino expansion effort approved by Gov. Andrew Cuomo…..
BLOOD HORSE: Keeping Eye on Expected Yonkers Development
YONKERS: Expected sale of Yonkers to MGM Resorts could pave way for full-blown casino.
https://www.facebook.com/groups/YonkersNewswire/permalink/2271901023067463/
When The Yonkers Newswire Reports Andrea Stewart-Cousins, Shelley Mayer and J Gary Pretlow Listens
BREAKING NEWS: Racing and Wagering Committee Chairman J Gary Pretlow reports that the $850M deal on hold between Empire City Casino and MGM
SURPRISE: A deal between a Yonkers casino and MGM Resorts has been postponed after Andrea Stewart-Cousins, Shelley Mayer and J Gary Pretlow got called out by the Yonkers Newswire
HIT THE BRAKES: The New York State Gaming Commission posted on its Facebook page last night, saying the meeting scheduled for today at 11 a.m. has been “postponed until further notice.”
https://www.facebook.com/groups/YonkersNewswire/permalink/2273531926237706/
NOT SO FAST: New York State Gaming Commission Cancels Meeting on MGM’s Yonkers Raceway and Empire City Casino Purchase By MGM
The NYS Gaming Commission was expected to announce its decision on MGM’s Yonkers Raceway and Empire City Casino acquisition during today’s canceled meeting
The New York State Gaming Commission announced late last night that it has decided to cancel its Thursday meeting.
https://www.facebook.com/groups/YonkersNewswire/permalink/2273884899535742/
The JOURNAL SNOOZE And SNOOZE 12 Wont Tell You This, But The Devil Is The Details Of The Sale To MGM…..
YOUR FIRED: Empire City Casino Workers To Be Fired If $850 Million #MGM Casino Deal Closes With The Rooney Family
THANKS TIM ROONEY: MGM To Swing Layoff Axe In Yonkers To Boost Earnings If The New York State Gaming Commission Approves Sale
LABOR WILL PAY FOR THE DEAL: In Their Reports To Constituents Senate Majority Leader Andrea Stewart-Cousins, Senator Shelley Mayer And Assembly Gaming Committee Chairman J Gary Pretlow Have Failed To Mention That Casino Operator MGM Resorts Is Sharpening Its Layoff Axe As Part Of The Company’s New Plan To Boost Earnings By $300 Million By 2021.
LODUD MISSED THIS PRESS RELEASE: On Thursday, the day that the New York Gaming Commission was supposed to approve the #Yonkers Casino sale, MGM announced its new ‘MGM 2020’ plan, a transformation that the company expects will deliver “annualized Adjusted EBITDA uplift of $300 million in aggregate, consisting of $200 million by the end of 2020 and an additional $100 million by the end of 2021.”….
https://www.facebook.com/groups/YonkersNewswire/permalink/2274135586177340/
FAIL: Yonkers Majority Leader Andrea Stewart-Cousins Is Going To Let The MGM Rubber Stamp Happen On Monday As Yonkers Homeowners Face A 50 Million School Budget Deficit…..
WTF YONKERS: New York Gaming Commission To Allow MGM To Buy Yonkers Casino On Monday Morning But School Children In The City Of Hills Won’t Get A Damn Dime, Because Majority Leader Andrea Stewart-Cousins, Senator Shelley Mayer. Assembly Gaming Commission J Gary Pretlow and Assemblyman Nader J. Sayegh Refused To Fight For These Children
POLITICAL HYPOCRITES: Just two months ago Senator Shelley Mayer and other Yonkers Dems were threatening #MGM’s approval over a gun lawsuit, but they wont take such a strong stand to get underfunded Yonkers school children their fair share of casino revenue…..
https://www.facebook.com/groups/YonkersNewswire/permalink/2287216688202563/
Wham ! Bam ! Thank You Ma’am ! #MGM Finally Gets Empire City Casino Deal Over The Line With Its Valuable Yonkers PILOT…..
DONE DEAL: Hours After Andrea Stewart-Cousins, Shelley Mayer, J Gary Pretlow and Nader J. Sayegh Allowed MGM Closed On Getting Its New York Gambling Licenses The Rooney Family Got Paid And Yonkers School Children Got Screwed Over Again
FOR IMMEDIATE RELEASE: MGM Resorts International And MGM Growth Properties Complete Transaction To Acquire Empire City Casino In Yonkers…..
https://www.facebook.com/groups/YonkersNewswire/permalink/2290016567922575/
OPINION: Yonkers clearly has a giant budget deficit problem its leaders don’t want to face
YONKERS: The city’s budget deficit is rapidly growing, but Mayor Mike Spano and the city’s leaders don’t seem interested in truly facing the implications and refuse to talk about it.
ALBANY WILL SAVE US: The projected Yonkers city / school budget deficit is said to be double last years numbers and local politicians seem to think that Majority Leaders Andrea Stewart-Cousins…….
https://www.facebook.com/groups/YonkersNewswire/permalink/2295298287394403/
SAME OLD CRAP: Dirty Deals Done Dirt Cheap….
JUST SCREW YONKERS SCHOOL CHILDREN: Yonkers City Council members Shanae Natalee Williams, Corazon Pineda Isaac, Majority Leader Michael Sabatino, Council President Mike Khader, Minority Leader Mike Breen, Council members Anthony Merante and John Rubbo just announced that they are holding a last minute emergency city council meeting tomorrow night to pass a resolution asking that New York State convert the existing #Yonkers racino video lottery terminals to full casino gaming for #MGM, without getting rid of the horrific Rooney Family’s Payment In Lieu Of Taxes (#PILOT) that has children holding classes in hallways and seniors on the verge of losing their homes in the city of hills.
https://www.facebook.com/groups/YonkersNewswire/permalink/2311752909082274/
LOL…. Please Move Along…. Nothing To See Here….
EVERYTHING IS FINE: #Yonkers Casino Operator #MGM Resorts International (MGM) Stock Value Declined While Highfields Capital Management LP Lowered Its Stake By Over A Third
Highfields Capital Management LP decreased its stake in MGM Resorts International (MGM) by 35.56% based on its latest 2018 Q4 regulatory filing with the SEC.
Highfields Capital Management Lp sold 1.21 million shares as the company’s stock declined 3.38% while stock markets rallied.
The hedge fund held 2.20 million shares of the hotels and resorts company at the end of 2018 Q4, valued at $53.37 million, down from 3.41 million at the end of the previous reported quarter.
Highfields Capital Management LP who had been investing in MGM Resorts International for a number of months, seems to be less bullish one the $14.23 billion market cap company.
MGM Resorts International (NYSE:MGM) has declined 19.35% since March 9, 2018 and is downtrending. It has underperformed by 23.72% the S&P500…..
https://www.facebook.com/groups/YonkersNewswire/permalink/2316020605322171/
The JOURNAL SNOOZE And SNOOZE 12 Wont Tell You This, But…..
GOV NOT ON BOARD: Governor Andrew Cuomo Has Told Reporters Earlier This Year That He Is Aware That MGM is Seeking Full-Scale Casino License for Yonkers’ Empire City Casino, But Has No Opinion Or Intention To Make Any Changes For Now….
https://www.facebook.com/groups/YonkersNewswire/permalink/2316568385267393/