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General Category => Harness Racing => Topic started by: augustaandy on January 28, 2019, 07:53:34 PM

Title: Yonkers finally sold
Post by: augustaandy on January 28, 2019, 07:53:34 PM
and they want a hotel soon

https://dailyvoice.com/new-york/mountpleasant/business/mgm-gets-official-ok-to-buy-empire-city-casino-yonkers-raceway/747497/

MGM Resorts has officially been given the green light to purchase Empire City Casino and the adjacent Yonkers Raceway.

The New York State Gaming Commission announced on Monday that it has approved the licenses to allow MGM to purchase the businesses for $850 million.

The deal was originally expected to be approved earlier this month, but a vote was delayed before MGM could officially purchase the casino and racetrack from the Rooney family, which has owned it since the early 1970s.

According to reports, MGM is likely looking to add a hotel and new entertainment facilities at the site, but nothing has been officially announced. They may also seek a table game license from New York gambling regulators in the casino, though that may be years down the road.

Empire City's 97-acre property sees more than 16 million gaming customers annually. It features more than 5,200 slots and electronic table games, several dining outlets and both live and simulcast horse racing.

“We appreciate the work of the New York Gaming Commission," the Las Vegas-based company said in a statement earlier this month. "We couldn’t be more excited to welcome Empire City’s 1,200 men and women to the MGM Resorts family and begin the work of bringing another world-class entertainment destination to the Northeast.”
Title: Re: Yonkers finally sold
Post by: Fatboy on January 28, 2019, 09:08:45 PM
MEANWHILE TRACK FACILITIES CONTINUE TO CRUMBLE
Title: Re: Yonkers finally sold
Post by: oldjohn123 on January 29, 2019, 08:46:09 PM
MEANWHILE TRACK FACILITIES CONTINUE TO CRUMBLE
and they want a hotel soon

https://dailyvoice.com/new-york/mountpleasant/business/mgm-gets-official-ok-to-buy-empire-city-casino-yonkers-raceway/747497/

MGM Resorts has officially been given the green light to purchase Empire City Casino and the adjacent Yonkers Raceway.

The New York State Gaming Commission announced on Monday that it has approved the licenses to allow MGM to purchase the businesses for $850 million.

The deal was originally expected to be approved earlier this month, but a vote was delayed before MGM could officially purchase the casino and racetrack from the Rooney family, which has owned it since the early 1970s.

According to reports, MGM is likely looking to add a hotel and new entertainment facilities at the site, but nothing has been officially announced. They may also seek a table game license from New York gambling regulators in the casino, though that may be years down the road.

Empire City's 97-acre property sees more than 16 million gaming customers annually. It features more than 5,200 slots and electronic table games, several dining outlets and both live and simulcast horse racing.

“We appreciate the work of the New York Gaming Commission," the Las Vegas-based company said in a statement earlier this month. "We couldn’t be more excited to welcome Empire City’s 1,200 men and women to the MGM Resorts family and begin the work of bringing another world-class entertainment destination to the Northeast.”
Title: Re: Yonkers finally sold
Post by: Equus Caballus on January 29, 2019, 10:52:05 PM
http://ustrottingnews.com/mgm-purchase-of-yonkers-full-of-complications/

USTA putting up what appears to be a more negative context article today
Title: Re: Yonkers finally sold
Post by: Pacers69 on January 29, 2019, 11:39:39 PM
They will survive but not Monticello
Title: Re: Yonkers finally sold
Post by: Field_In_Motion on January 31, 2019, 07:52:31 AM
IMPLODE THE JOINT AND BUILD FROM THE BOTTOM UP.
YOU CANT MAKE CHICKEN SALAD FROM CHICKEN SHIT
Title: Re: Yonkers finally sold
Post by: SalaciousCrumb. on January 31, 2019, 09:51:37 AM
0.5 trax sux -- 1.0 or nuthin.
Title: Re: Yonkers finally sold
Post by: The Exporter on January 31, 2019, 10:04:45 AM
So, when Faraldo pitched his idea to have Yonkers race their meet at Belmont, NYRA CEO, Chris Kay said no way. Now that Kay has hit the highway, and Yonkers deal has closed, Is Faraldo in a better position to make Yonkers a home at Belmont?
Title: Re: Yonkers finally sold
Post by: onthefront on February 02, 2019, 09:43:32 PM
When will Steve Star retire?
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