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General Category => Harness Racing => Topic started by: 1804 on June 02, 2026, 04:40:38 PM

Title: Yonkers MGM is being taken over......
Post by: 1804 on June 02, 2026, 04:40:38 PM

MGM and its holdings to be taken over by People Inc. headed Barry Diller for $18 billion plus all debt held by MGM.

Title: Re: Yonkers MGM is being taken over......
Post by: Kirby's Ace on June 02, 2026, 05:35:13 PM

So Casino's dropping tracks like flies.

Sumting up!

Title: Re: Yonkers MGM is being taken over......
Post by: Calhoun on June 02, 2026, 08:21:12 PM

Quote from: Kirby's Ace on June 02, 2026, 05:35:13 PM

So Casino's dropping tracks like flies.

Sumting up!

And Caesars Entertainment is selling out to Tilman Fertitta  for $18 Bil. That includes HorseShoe, Hoosier, Philly, Scioto 1 or 2 more.

MGM is just Yonkers, I think.

Fertitta has spent the last year as USA Ambassador to Italy.

I wonder if he thinks the deals horsemen cut with the tracks are great for business.

Title: Re: Yonkers MGM is being taken over......
Post by: JT on June 02, 2026, 10:50:50 PM

Quote from: Calhoun on June 02, 2026, 08:21:12 PM

And Caesars Entertainment is selling out to Tilman Fertitta  for $18 Bil. That includes HorseShoe, Hoosier, Philly, Scioto 1 or 2 more.

MGM is just Yonkers, I think.

Fertitta has spent the last year as USA Ambassador to Italy.

I wonder if he thinks the deals horsemen cut with the tracks are great for business.

MGM just sold Northfield last fall as well

Title: Re: Yonkers MGM is being taken over......
Post by: G on June 03, 2026, 10:10:26 AM

MGM is looking to back out of New York. They have to pay 35% to New York State which is bullshit.