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General Category => Harness Racing => Topic started by: 1804 on April 20, 2026, 08:03:03 PM

Title: MGM to sell Empire Casino
Post by: 1804 on April 20, 2026, 08:03:03 PM: Rumors are flying around that MGM wants unload the casino and track to a British consortium
Title: Re: MGM to sell Empire Casino
Post by: arniesarmy on April 20, 2026, 10:56:03 PM: During the last race at Northfield Park last night, the track announcer said Northfield will be called Northfield Racino or something like that when racing resumed Wednesday night. MGM sold that also.
Title: Re: MGM to sell Empire Casino
Post by: Grandstand Handicapper on April 21, 2026, 10:23:57 AM: I guess this wouldn't be a surprise. Their story was they withdrew their bid to convert the current casino to a full-blown casino, due to "changed economic circumstances" and the reduction from a 30-year licensing term to 15 years. Casino companies are in the casino business and do not want to be the horseracing business. Handwriting on the walls, and in big, bold letters.
Title: Re: MGM to sell Empire Casino
Post by: jupiter on April 21, 2026, 04:03:59 PM: Who would want it? Disaster
Title: Re: MGM to sell Empire Casino
Post by: rainman2 on April 21, 2026, 04:39:21 PM: Quote from: jupiter on April 21, 2026, 04:03:59 PM
Who would want it? Disaster

Do the horsemen realize that it could get worse than it currently is now?
Title: Re: MGM to sell Empire Casino
Post by: Racetime on April 22, 2026, 06:25:36 AM: The question is how long to you continue to pump money into a business that continues to lose money night after night ?