MGM Gets OK To Buy Hudson Valley Casino, Raceway

YONKERS, NY — It's a go for MGM Resorts to purchase Empire City Casino. The state Gaming Commission gave its approval Monday for a series of licenses that will allow the sale to go through.

The purchase of the casino and raceway still has to take place, the date of which is not yet known, the Journal News said.

There had been a meeting scheduled for sale approval earlier in January but it was abruptly canceled.

Yonkers Racing Corporation, the owner and operator of Empire City Casino, said in May it had entered into an agreement to sell its racing and gaming property and operations to MGM Resorts International for $850 million.

If Empire City was awarded a live table games license on or before Dec. 31, 2022, and MGM accepted the license by Dec. 31, 2024, MGM had agreed to pay an additional $50 million.

Empire City's 97-acre property serves more than 16 million eligible gaming customers in southern New York and is located only 15 miles from Times Square in Manhattan. It features more than 5,200 of the latest slots and electronic table games, multiple dining outlets and both live and simulcast horse racing.

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