MGM Resorts Aims for Full Casino License in New York City

MGM Resorts is increasingly competitive in the race for a full-scale casino license in downstate New York. This phase comes after a decade-long moratorium has finally lifted, with the spotlight now on three coveted licenses available for bidding.

Supporting MGM’s efforts is Yonkers Mayor Mike Spano, who advocates for the transformation of Empire City Casino into a full-scale gaming venue. Spano has expressed the view that MGM’s investment will not only modernize the casino but also bring significant economic benefits to the region.

Why It Matters

During the recent State of the City address, Mayor Spano underscored the necessity of the full gaming license for Yonkers. He highlighted that without it, the jobs of over 1,000 employees at Empire City could be in jeopardy. “If Empire City does not secure a full gaming license, it’s unlikely to survive long-term,” he mentioned.

• Key Benefits of MGM’s Casino License Bid:
• Creation of thousands of new jobs.
• Investment exceeding $2 billion for renovations and modernization.
• Significant economic activity with over $1 billion generated.

MGM’s vision for Empire City Casino includes a vast entertainment complex with live dealer table games, slot machines, and a 5,000-seat venue to host various events, completely transforming the gaming landscape in the area.

Conclusion

The bid for a full casino license by MGM Resorts signals a vital step towards economic revitalization in Yonkers and greater New York City. With strong local support, the potential transformation of Empire City Casino could provide essential jobs and contribute to the region’s growth.