Located at the intersection of Central Park Avenue and Yonkers Avenue, only 15 miles from Times Square in Manhatten, the 97-acre property covers over 150,000 square feet of floor space and features more than 5,300 video lottery terminals, electronic table games and several dining options. The Gaming Commission was expected to approve the deal on January 3, however, that meeting was canceled unexpectedly and a new meeting had reportedly not been scheduled.

MGM is looking forward to bringing another world-class entertainment destination to the Northeast.”

“We appreciate the work of the New York Gaming Commission and the approval of our license. We couldn’t be more excited to become part of the Yonkers community and welcome Empire City’s 1,200 team members to the MGM Resorts family. MGM finalized the deal Tuesday after announcing in May that together with its real-estate investment trust (REIT), MGM Growth Properties LLC (NYSE: MGP), it had agreed to the terms for the purchase. “We are pleased to welcome the 1,200 employees at Empire City Casino to the MGM Resorts family. Over the past three years, we have established a meaningful presence in the Northeast with Borgata in Atlantic City, MGM National Harbor in Maryland, and MGM Springfield in Western Massachusetts,” according to the Tuesday report. According to the report, the approval of MGM’s licenses to own and operate the property came sans discussion.Ĭhairman and Chief Executive Officer for MGM Resorts, Jim Murren, said in a statement… The Rooney family, known especially for their ownership of one of the NFL’s wealthiest franchises, the Pittsburgh Steelers, the oldest franchise in the AFC and winner of six Super Bowl titles, no longer owns Empire City Casino and Yonkers Raceway, after on Tuesday, MGM Resorts International (NYSE: MGM) closed on the $850 million acquisition.Īccording to, on Monday at its regularly scheduled monthly meeting, the six-member New York Gaming Commission gave an unequivocal thumbs-up to a series of licenses to allow the Las Vegas-based global hospitality and entertainment company purchase the one-half-mile standardbred harness racing track and video-lottery terminal parlor in Yonkers, New York that has been in the Rooney family since 1972. Horse Racing, Casino News, Latest Casino and Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, New York

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Mgm buying empire city casino