casinoMACRO casinoMACRO
Online Casinos, Bonuses, Casino Games & Jackpots
casinoMACRO casinoMACRO
casinoMACRO casinoMACRO
  • Casinos
  • Bonuses
  • Games
  • Jackpots
  • Casino Directory
  • Casino Promo Page
  • Casino News & Blog
  • Sportsbook Reviews
16
new

Genting Subsidiaries Sell $1 Billion Bond to Finance Vegas Casino Construction

OneTouch launches unique Andar Bahar portrait mobile version card game

Betting and racing regulator grants Lottoland two licenses in South Africa

Online Gambling Perspective: Switzerland to Sponsor first informative Zurich iGaming Affiliate Conference

Few Bundles now available for 2019 MARE BALTICUM Gaming Summit

Wynn Executives Concealed Sexual Misconduct Allegations against Steve Wynn

Melco Awards Cyprus Casino Resort Construction Contract

Mainland China lottery sales Watch an 8.8 percent drop in February

Challenge your detective skills with the new Tom Horn Advanced slot title Sherlock: A Scandal in Bohemia

Michigan Lottery Leads a record $941.3 million into the Nation’s public education in 2018

Pioneering SiGMA Roadshow hosts first 2019 event of global tour in Manila with remarkable results

MGM Completes MGM Northfield Park Acquisition, Rebrand

Virgin Pushes Back Hard Rock Las Vegas Transformation

Slot Spotlight: Investigate the kingdom of Camelot in Red Rake Gaming’s innovative new slot KNIGHTS

Interested in an amped-up gaming experience with Red Tiger’s Mystery Reels MegaWays?

Southland Gaming & Racing Brings New Title and live table games

  • Casinos 
    SlotsMillion Casino ReviewSlotsMillion CasinoRizk Casino ReviewRizk CasinoLoki Casino ReviewLoki Casino21bet Casino Review21bet CasinoSpin Station Casino ReviewSpin Station Casino
    VIEW ALL
    New CasinosTOP Rated CasinosLive CasinosMobile CasinosBitcoin CasinosVirtual Reality
  • Bonuses 
    Betfred Casino: Stake £10 Play With 50 Free SpinsBetfred CasinoSlotsMillion Casino: 100% up to €100 + 100 Extra SpinsSlotsMillion CasinoLadbrokes Casino: 100% up to £500Ladbrokes CasinomBit Casino: 110% up to 1 BTCmBit casinoCasino.com: 100% up to $/€/£400 + 180 Free SpinsCasino.com
    VIEW ALL
    Welcome Bonus2nd Deposit3rd DepositMatch DepositReloadCashbackHigh RollerFree PlayFree SpinsNo Deposit
  • Games 
    Sam on the BeachSam on the beach slot reviewSantaSanta Slot ReviewHugo 2Hugo 2 slot reviewFinn and the SwirlyFinn and the Swirly slot reviewPlanet of the ApesPlanet of the Apes video slot
    VIEW ALL
    SlotsBlackjackVideo PokerRouletteBaccaratBingoScratchKeno
  • Jackpots 
    Mega FortuneMega Fortune SlotJackpot RangoJackpot Rango SlotThe Big JourneyThe Big Journey SlotMega MoolahMega Moolah SlotMajor MillionsMajor Millions Slot
    VIEW ALL
  • Directory
  • Promo Page
  • News & Blog
  • MORE
    • Directory
    • Promo Page
    • News & Blog
  • MENU
    • Casinos 
      • Bitcoin Casinos
      • Live Casinos
      • Mobile Casinos
      • New Casinos
      • TOP Rated Casinos
      • Virtual Reality
    • Bonuses 
      • 2nd Deposit
      • 3rd Deposit
      • Cashback
      • Free Play
      • Free Spins
      • High Roller
      • Match Deposit
      • No Deposit
      • Reload
      • Welcome Bonus
    • Games 
      • Baccarat
      • Bingo
      • Blackjack
      • Keno
      • Roulette
      • Scratch
      • Slots
      • Video Poker
    • Jackpots 
    • Directory
    • Promo Page
    • News & Blog
REGISTER
@
LOGIN
14
0
previous review

Gamefish Global partners with WeAreCasino in reciprocal distribution deal

next review

LeoVegas scores exclusive for 1X2 Network's Vikings Wilds

MGM Resorts the new owner of Empire City Casino at New York

Contents
  • Overview
  • Rating
  • Full Article
  • Comments

The Rooney family, known especially for their ownership of one of the NFL’s wealthiest franchises, the Pittsburgh Steelers, the oldest franchise in the AFC and winner of six Super Bowl titles, no longer owns Empire City Casino and Yonkers Raceway, after on Tuesday, MGM Resorts International (NYSE: MGM) closed on the $850 million acquisition.

Commission approval:

According to lohud.com, on Monday at its regularly scheduled monthly meeting, the six-member New York Gaming Commission gave an unequivocal thumbs-up to a series of licenses to allow the Las Vegas-based global hospitality and entertainment company purchase the one-half-mile standardbred harness racing track and video-lottery terminal parlor in Yonkers, New York that has been in the Rooney family since 1972. According to the report, the approval of MGM’s licenses to own and operate the property came sans discussion.

“meaningful presence in the Northeast“

Chairman and Chief Executive Officer for MGM Resorts, Jim Murren, said in a statement…

“We are pleased to welcome the 1,200 employees at Empire City Casino to the MGM Resorts family. Over the past three years, we have established a meaningful presence in the Northeast with Borgata in Atlantic City, MGM National Harbor in Maryland, and MGM Springfield in Western Massachusetts,” according to the Tuesday report.

May announcement:

MGM finalized the deal Tuesday after announcing in May that together with its real-estate investment trust (REIT), MGM Growth Properties LLC (NYSE: MGP), it had agreed to the terms for the purchase.

MGM said in a statement Monday…

“We appreciate the work of the New York Gaming Commission and the approval of our license. We couldn’t be more excited to become part of the Yonkers community and welcome Empire City’s 1,200 team members to the MGM Resorts family. MGM is looking forward to bringing another world-class entertainment destination to the Northeast.”

Unexpected cancellation:

The Gaming Commission was expected to approve the deal on January 3, however, that meeting was canceled unexpectedly and a new meeting had reportedly not been scheduled.

Located at the intersection of Central Park Avenue and Yonkers Avenue, only 15 miles from Times Square in Manhatten, the 97-acre property covers over 150,000 square feet of floor space and features more than 5,300 video lottery terminals, electronic table games and several dining options.

Regional foothold:

Murren reportedly said that with the acquisition of Empire City Casino, “We have now gained a foothold in the high-density New York City region, and we look forward to leveraging the MGM platform to maximize value in this evolving marketplace.”

Plans for development:

With only 47 percent of the property developed at this time, MGM reportedly expects to further develop, possibly building a hotel and an entertainment venue, and ultimately adding live table games via a full-scale gaming license. As part of the terms of the deal, MGM agreed to pay an additional $50 million, which is contingent upon Empire City’s receipt of approval to host livetable games prior to the end of 2022.

Moratorium on expansion:

However, thanks to a state law, which started in March 1, 2016, putting a seven-year moratorium on casino expansion in New York, full-scale gaming within the New York City metropolitan area is currently prohibited until 2023. The law was reportedly intended to afford upstate casinos a chance to gain footing in the market before the NYC area could join.

According to the news agency, the Rooneys had thought about building the property out themselves but in 2017 ended up hiring New York City-headquartered multinational investment bank and financial services company, JP Morgan, to review the family’s options.

“tried-and-true formula for success“

Chief Executive Officer for Empire City Casino, Timothy J. Rooney, said in a statement…

“What’s incredibly exciting is the amount of opportunity MGM Resorts will bring to the employees at Empire City, as well as Westchester County, the city of Yonkers, and the State of New York. With destinations throughout the world, from resorts to casinos to entertainment, MGM has a tried-and-true formula for success.”

The soon-to-be 82-year-old added that MGM knows “how to build and grow properties that continually raise the bar in entertainment, travel, and leisure, and we are so thrilled to leave Empire City in MGM’s capable hands.”

MGM Resorts, which has yet to detail its plans to expand the venue, is responsible for the $1 billion MGM Springfield which opened in Massachusetts on August 24, 2018, and the lucrative Borgata Hotel Casino & Spa in Atlantic City, along with its portfolio’s many other holdings.

Clinton appointment:

The company announced last month that Uri Clinton, one of its executives, would serve as president and chief operating officer for Empire City Casino.

Sports betting potential:

The move by MGM appears to be somewhat driven by the May 14, 2018, Supreme Court decision overturning the Professional and Amateur Sports Protection Act (PASPA) and its desire to get in on what New York and many other states around the country are rushing to do: serve a potential sports betting market.

Including New York, about 18 other states have either recently passed or introduced sports betting bills, and while the first phase has started in the Empire State, with the Gaming Commission giving preliminary approval on January 28, 2019, to rules and regulations that would give the nod to sports wagering at four upstate casinos, the subject of mobile wagering was reportedly not discussed during Monday’s meeting.

What's your reaction?
Like
0%
LOL
0%
Cheers
0%
Cool
0%
What!?
0%
Meh...
0%
Sad
0%
RAGE!
0%
ZZz...
0%
Casino News & Blog
Casino Newsempire city casino and yonkers racewayHorse RacingJim MurrenLatest Casino and Gambling NewsMergers, Acquisitions & Partnershipsmgm growth properties llcMGM Resorts InternationalNew Yorknew york gaming commissionNYSE: MGMNYSE: MGProoney familySports bettingtimothy j rooney
Casino News, empire city casino and yonkers raceway, Horse Racing, Jim Murren, Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, mgm growth properties llc, MGM Resorts International, New York, new york gaming commission, NYSE: MGM, NYSE: MGP, rooney family, Sports betting, timothy j rooney
You might also like
Casino Newsempire city casino and yonkers racewayHorse RacingCasino News & Blog
 

Southland Gaming & Racing Brings New Title and live table games

Southland Gaming & Racing President and General Manager David Wolf says it is probably ‘one of the biggest things’ he’s been involved with over his ‘entire career,” as the Delaware North-owned racino in West Memphis will [...]
 

Nevada casino Earnings flat for February, tops $1B; sportsbooks View record handle

February’s gaming win for Nevada was flat, however, still managed to top the $1 billion mark, according to a Thursday report from the state Gaming Control Board. According to the board’s Win Revenue Summary for February 2019, gaming win by [...]
 

Tribal casino May be in the cards in Maine

In Maine, a representative by the Passamaquoddy tribe reportedly testified facing state lawmakers earlier this week in hopes of helping get a legislation passed which could see ‘The Pine Tree State’ receptive its very first aboriginal casino. [...]
Welcome Offers
View All
 
Betfred Casino

Betfred Casino: Stake £10 Play With 50 Free Spins

GET BONUS
4669
 
SlotsMillion Casino

SlotsMillion Casino: 100% up to €100 + 100 Extra Spins

GET BONUS
16733
 
Ladbrokes Casino

Ladbrokes Casino: 100% up to £500

GET BONUS
121715
Best Online Casinos
 
Cashmio Casino Review
 
SlotsMillion Casino Review
 
Rizk Casino Review
Online Slots
     
 
91%
Sam on the beach slot review
72%

Sam on the Beach

January 26, 2018
123
12
SECTIONS
 
SlotsMillion Casino
SlotsMillion Casino Review
 
Casumo casino
Casumo Casino Review
 
Casino La Vida
Casino La Vida Review
 
Rizk Casino
Rizk Casino Review
 
Loki Casino
Loki Casino Review
View All
Exclusive!
 
Winner Casino: €30 free sign-up bonus, NO DEPOSIT
Bonuses
CHECK IT OUT!
Play Aloha! Cluster Pays at Royal Panda
Latest Casino News
View All
 

Genting Subsidiaries Sell $1 Billion Bond to Finance Vegas Casino Construction

Resorts World Las Vegas owner sells $1 billion bond to finance its construction; property on track for late 2020 opening Two subsidiaries of Malaysian casino and hospitality giant Genting Bhd priced on Tuesday $1 billion senior notes to fund the [...]
 

OneTouch launches unique Andar Bahar portrait mobile version card game

Top-rated programmer, OneTouch, has established the first-ever Andar Bahar mobile alternative in portrait style. The sport is among the most popular in the card game category of India, with the option now available in a unique format. New Mobile [...]
 

Betting and racing regulator grants Lottoland two licenses in South Africa

Global online lotto operator, Lottoland Limited, has revealed that the South African Western Cape Gambling and Racing Board has granted it a pair of licenses, including a manufacturing license for the development and use of the company’s own [...]
Top Rated This Month
 
Rizk Casino Review
519001
 
Cashmio Casino Review
650
 
SlotsMillion Casino Review
511551
 
CasinoEuro Review
105
Latest Casino Bonuses
View All
 
Betfred Casino: Stake £10 Play With 50 Free Spins
4669
 
SlotsMillion Casino: 40% up to €100, Wednesday Gentlemens’ Bonus
1289
 
SlotsMillion Casino: 40% up to €100, Ladies’ Night Monday Bonus
1210
 
SlotsMillion Casino: 50% up to €100 Friday Reload Bonus
1196
TRENDING
   
 
Rizk Casino Review
1900
 

Few Bundles now available for 2019 MARE BALTICUM Gaming Summit

1781
 

Kindred opens new Madrid hub

1746
 
Ladbrokes Casino: 100% up to £500
1715
 

Online Gambling Perspective: Switzerland to Sponsor first informative Zurich iGaming Affiliate Conference

1674
 

MGM Completes MGM Northfield Park Acquisition, Rebrand

1643
 
Sam on the Beach
1569
Find the stuff you need
2nd Deposit 3rd Deposit Baccarat Bingo Bitcoin Casinos Blackjack Bonuses Cashback Casino News & Blog Casinos Free Spins Games High Roller Jackpots Keno Live Casinos Match Deposit Mobile Casinos New Casinos No Deposit Reload Roulette Scratch Slots TOP Rated Casinos Video Poker Video Slots Virtual Reality Welcome Bonus
Categories
Top Ten This Month
     
1
Rizk Casino Review
2

Few Bundles now available for 2019 MARE BALTICUM Gaming Summit

3

Kindred opens new Madrid hub

4
Ladbrokes Casino: 100% up to £500
5

Online Gambling Perspective: Switzerland to Sponsor first informative Zurich iGaming Affiliate...


6

MGM Completes MGM Northfield Park Acquisition, Rebrand

7
Sam on the Beach
8
Winner Casino: €30 free sign-up bonus, NO DEPOSIT
9
Santa
10
Jackpot Rango

Recent Comments
  • Anonymous on SlotsMillion Casino Review
  • Anonymous on InstaCasino Review
  • Anonymous on SuperLenny Casino Review
  • Anonymous on Rizk Casino Review
  • Anonymous on PlayFrank Casino Review
No Bullshit! Just an Independent Online Casino Reviews, Latest Casino Bonuses, Most Popular Casino Games & Jackpots. We Take your Casino Experience to a Whole New Level. All Our Featured Casino Games are 100% FREE. Just Enjoy and Play for Fun.

Copyright © 2025 casinoMACRO, All Rights Reserved.