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MGM Resorts unveils vision for New York casino

MGM Resorts has unveiled its vision for a proposed integrated resort in New York, as it competes for one of the three possible licenses that authorities are planning to issue in the state.

The company is targeting a site in Yonkers, aiming to transform its current Empire City Casino (which it acquired in 2019) into MGM Empire City – shifting from a ‘video lottery terminal racino’ into a ‘full-scale commercial casino with live-dealer table games, the newest slot machines and a high-limit gaming area for the most discerning casino guests’.

The move to get one of New York’s coveted casino licenses involves ‘a comprehensive casino floor redevelopment and expansion, 5,000-capacity entertainment venue, state-of-the-art BetMGM sportsbook, food and beverage outlets by celebrated chefs, cocktail bars and lounges, technologically advanced meeting spaces and more,’ notes the group in a release.

A key part of the group’s BetMGM Sportsbook & Lounge offering is a 112-foot wrap-around LED screen, VIP areas, stadium sseating, multiple betting kiosks and F&B options.

Speaking of the proposed redevelopment plan, Bill Hornbuckle, President and Chief Executive Officer of MGM Resorts, noted “A full-scale casino and entertainment destination will provide unparalleled experiences, create thousands of jobs, boost the state’s economy, and be a game-changer for the entire region.”

Yonkers Mayor Mike Spano said “This is a momentous opportunity for the City of Yonkers, and I’m excited for the future, knowing the development of MGM Empire City will create thousands of good-paying union jobs and the economic growth that will ensure our city continues to flourish and prosper”.

The company notes that ‘The development plan will move forward if MGM Resorts is successful in securing one of three available full commercial casino licenses currently up for bid in the State of New York. Application process and timeline will be provided by the state’s Gaming Facility Location Board in the coming months.’

AGBrief Editorial
AGBrief Editorial
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