MGM Resorts is on the verge of completing its $850 million purchase of the Empire City Casino and Yonkers Raceway, which sit only 15 miles from downtown Manhattan.The purchase, which is expected to close in early January, would be MGM Resorts’ first foray into New York state’s gambling market. Multiple news sources have confirmed, including lohud.com and streetinsider.com, that Empire City Casino (Yonkers Raceway) was sold on Monday to MGM Resorts. The sale ends a 46-year run of ... Empire City Casino and Yonkers Raceway were sold Monday (May 28) to MGM Resorts and its real estate company for $850 million, ending the 46-year ownership by the Rooney family. The sale includes the assumption of about $245 million in debt. MGM Resorts International announced that it bought Empire City Casino and Yonkers Raceway for $850 million from the Rooney family, who has owned the racetrack and casino for more than 46 years. ALBANY – MGM Resorts made a major move into the New York City area market on Tuesday when it announced it will purchase Empire City Casino and Yonkers Raceway for $850 million. Empire Casino will be sold to MGM End of an Era in Yonkers Last week, MGM Resorts International announced the purchase of Empire City Casino and Yonkers Raceway for $850 million, in one of the largest real estate-business transactions in Westchester history. I am looking forward to this. We have always avoided going to any NY casinos (even Resorts World, which is only 20 mins from us) basically because there are no live dealers for any type of gaming. MGM buys Empire casino and Yonkers racetrack here in NY Watch this Topic. Browse forums; All. Browse by destination. Canada Forums; United States Forums ; Europe Forums; Asia Forums; Central America Forums; Africa Forums; Caribbean Forums; Mexico Forums; South Pacific Forums; South America Forums; Middle East Forums; Go to forums home. Beyond destination forums. Air Travel; Honeymoons and ... Tuesday was a big day for Empire City and Yonkers Raceway. Entertainment and hospitality giant MGM Resorts International announced a deal to buy the 119-year-old horse race track and casino. Joe Faraldo said there is no reason, yet, to be concerned about racing’s future at Yonkers Raceway in the wake of Tuesday’s announcement that the Rooney family has reached a deal to sell the Westchester, NY track and its Empire City Casino to MGM Resorts International for $850 million.
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