MGM Resorts International has unveiled its ambitious vision to transform Yonkers-based Empire City Casino into a full-scale commercial casino, pending the acquisition of a New York license. Renamed as MGM Empire City, the development includes extensive property redevelopment, live-dealer table games, slot machines, and a high-limit gaming area, marking a significant expansion of the current facilities.
Proposed Features:
BetMGM Sportsbook & Lounge: The plans encompass the introduction of a BetMGM Sportsbook & Lounge featuring a 112-foot wrap-around LED screen, stadium seating, VIP areas, and convenient betting kiosks.
Diverse Dining Options: MGM Empire City aims to offer a diverse culinary experience with the addition of a steakhouse and an Asian noodle bar to cater to a wide range of preferences.
Entertainment and Hospitality: Phase one of the development includes new cocktail bars, lounges, and meeting spaces to enhance the overall entertainment and hospitality offerings.
Economic Impact: The proposed redevelopment is anticipated to create thousands of jobs, boost the state’s economy, and position MGM Empire City as a game-changer for the entire region.
Statements from Key Figures:
Bill Hornbuckle, President and CEO at MGM Resorts, expressed excitement about the project’s potential to deliver world-class entertainment, create jobs, and stimulate economic growth in the region.
Yonkers Mayor Mike Spano emphasized the significance of the development in terms of job creation, economic growth, and solidifying Empire City’s status as a premier entertainment destination.
Ed Domingo, General Manager of Empire City Casino, highlighted the responsibility MGM Resorts holds as stewards of a historic institution and the opportunity to bring the next chapter of New York’s entertainment landscape to the community.
Competition for Gaming Licenses:
MGM Resorts’ proposal will face competition from other applicants vying for one of three downstate New York gaming licenses. Competitors include well-known entities such as Steve Cohen, Thor Equities Group, Las Vegas Sands, and Bally’s Corporation, each presenting unique proposals for gaming developments in various New York locations.
Current Status and Future Outlook:
As the negotiation process unfolds, MGM Resorts is poised to navigate regulatory considerations and public feedback to realize its vision for MGM Empire City. The project signifies a significant milestone in the company’s strategic plans and aligns with broader efforts to elevate the entertainment and gaming landscape in the region.
MGM Resorts’ comprehensive vision for the redevelopment of Empire City Casino reflects its commitment to delivering a world-class gaming and entertainment experience. The proposal not only outlines the physical expansion of the venue but also emphasizes its potential economic and social impact on the surrounding community. As the competitive landscape for gaming licenses evolves, MGM Empire City stands as a transformative project that could reshape New York’s gaming and hospitality scene.