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Yonkers Raceway & Empire City Casino, founded in 1899 as the Empire City Race Track, is a one-half-mile standardbred harness racing dirt track and slots racino located at the intersection of Central Park Avenue and Yonkers Avenue in Yonkers, New York, near the New York City border.
In August 2018, MGM and Hyatt sold the Grand Victoria Casino to Eldorado Resorts for $328 million. [176] [177] In January 2019, MGM bought Yonkers Raceway and Empire City Casino in New York from the Rooney family for $850 million, and then immediately sold the land and buildings to MGP for $625 million, and leased them back for $50 million per ...
Vici Properties Inc. is an American real estate investment trust (REIT) specializing in casino and entertainment properties, based in New York City.It was formed in 2017 as a spin-off from Caesars Entertainment Corporation as part of its bankruptcy reorganization.
Image source: The Motley Fool. MGM Resorts International (NYSE: MGM) Q4 2024 Earnings Call Feb 12, 2025, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
MGM Resorts is the largest private employer in Nevada, operating tens of thousands of hotel rooms in Las Vegas at its flagship MGM Grand and properties including Bellagio, Aria, New York-New York ...
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Yonkers Raceway, a harness racing track, renovated its grounds and clubhouse and added video slot machines in 2006 to become Yonkers Raceway & Empire City Casino. [63] [64] MGM Resorts International bought the raceway and casino in 2018 for $850 million. [65]
In January 2019, the company bought another racino, Yonkers Raceway & Empire City Casino, for $625 million, and leased it to MGM Resorts. [9] [10] In April 2019, MGM Resorts bought Northfield's operating business from MGM Growth for $275 million in stock, assumed control from Hard Rock, and rebranded the property as MGM Northfield Park.