MGM Resorts drops $850 million on Empire City Casino, Yonkers Raceway

TRD New York /
May.May 31, 2018 03:30 PM

Las Vegas-based MGM Resorts purchased Empire City Casino and Yonkers Raceway from its longtime owners for $850 million. The Rooney family announced in November that they were planning to either sell or partner up with another company after 46 years of ownership, LoHud reported. The deal, announced Tuesday, comes as MGM works to increase its footprint in the Northeast. Empire City president and CEO Tim Rooney said the company sought out an owner who could “develop [the property] into one of the world’s greatest entertainment destinations.” [LoHud]


Related Articles

arrow_forward_ios
Lana Zakocela and Justin Etzin in front of their former New Castle home (Credit: Getty, Zillow)

The Seychelles to auction off estate at a discount after diplomat’s divorce

Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more

Westchester & Fairfield Cheat Sheet: White Plains YMCA site set for $100M apartment complex, $48M Greenwich sale is priciest in 5 years… & more

Paul Simon’s Connecticut estate is on the market for $14M

Paul Simon’s Connecticut estate is on the market for $14M

Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more

Westchester & Fairfield Cheat Sheet: JPMorgan to sell One City Place in White Plains, Greenwich homeowners get used to price cuts… & more

This new bill is taking aim at property taxes for golf courses — including Trump’s

This new bill is taking aim at property taxes for golf courses — including Trump’s

Placeholder image

Rockland County’s troubled Time Nyack Hotel gets a new owner

Placeholder image

Edge-on-Hudson developers enlist architect for parks and paths

Placeholder image

Report finds Norwalk and Stamford have highest rents in Connecticut

arrow_forward_ios