HORSEPLOP.COM
General Category => Harness Racing => Topic started by: bond on April 16, 2024, 12:09:49 PM
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No decision on who gets the three Casino Licenses in NY until probably end of 2025.
There are also zoning issues--Yonkers isnt zoned for a full blown Casino-and there are no guarantees they will even get that.
Then there is the bookie scandal--which may hurt their application even if they qualify with the zoning.
https://markets.businessinsider.com/news/stocks/mgm-resorts-could-lose-out-on-casino-licenses-in-new-york-city-due-to-bookie-scandal-report-1032639825
Looks like the Rooneys were onto something selling it--they had to know about the Zoning issues-you would think.
Cant believe MGM Grand didn't do their due diligence before they purchased it for close to 1 BILLION.
IMHO--MGM Grand should follow the Gulfstream Park Model -Successful horse racing , great restaurants, beautiful Casino-with no table games when I was there. They have great handle and the place makes money.