MGM Resorts Worldwide (NYSE: MGM) in the present day unveiled its imaginative and prescient to transition Empire Metropolis On line casino by MGM Resorts right into a world-class leisure vacation spot, MGM Empire Metropolis, if awarded a industrial on line casino license for its historic Yonkers, New York web site. Key parts of the part one design embody a complete on line casino flooring redevelopment and enlargement, 5,000-capacity leisure venue, state-of-the-art BetMGM sportsbook, meals and beverage shops by celebrated cooks, cocktail bars and lounges, technologically superior assembly areas and extra.
MGM RESORTS’ VISION FOR MGM EMPIRE CITY
MGM Empire Metropolis’s plans characteristic an entire property redevelopment shifting from a video lottery terminal racino right into a full-scale industrial on line casino with live-dealer desk video games, the most recent slot machines and a high-limit gaming space for probably the most discerning on line casino visitors. The design contains the addition of a number of new vacation spot eating experiences, together with a contemporary steakhouse, an off-the-cuff quick-serve Italian American expertise and an genuine Asian noodle bar and eatery. Current venues Large Kitchen meals court docket and The Pub sports activities bar may also remodel into new, high-end meals ideas. The plan additionally contains growth of a brand new parking storage to considerably improve the visitor arrival expertise whereas additionally offering guests with direct and handy entry to the on line casino and its facilities.
The leisure venue would be the first-of-its-kind within the area, internet hosting A-list performers and occasions in a spectacular 5,000-capacity setting with unequalled views, cutting-edge acoustics and devoted facilities. MGM Resorts is famend for its leisure choices because the third-largest ticket vendor for dwell performances in the US and the capability to seat greater than 100,000 individuals an evening throughout leisure venues around the globe. MGM Empire Metropolis’s leisure venue will increase the area’s financial system, attracting new occasions to the market and bringing collectively locals and vacationers alike.
A industrial on line casino license may also allow MGM Empire Metropolis to introduce The BetMGM Sportsbook & Lounge, providing visitors vigorous recreation day experiences with a 112-foot wrap-around LED display screen, stadium seating, VIP areas, a number of betting kiosks and meals and beverage operations.
“MGM Resorts has a protracted and proud historical past of delivering world-class leisure and gaming experiences, and we could not be extra excited to construct on that observe report at MGM Empire Metropolis,” mentioned Invoice Hornbuckle, President and Chief Government Officer, MGM Resorts. “A full-scale on line casino and leisure vacation spot will present unparalleled experiences, create hundreds of jobs, increase the state’s financial system, and be a game-changer for your complete area.”
Yonkers Mayor Mike Spano mentioned, “It is a momentous alternative for the Metropolis of Yonkers, and I am excited for the long run, understanding the event of MGM Empire Metropolis will create hundreds of good-paying union jobs and the financial progress that may guarantee our metropolis continues to flourish and prosper. Already drawing thousands and thousands of visitors yearly, this growth plan will solidify Empire Metropolis’s standing as a premier leisure vacation spot. Generations of Yonkers residents have labored at, loved, and supported this historic property for 125 years, and I’m excited concerning the important impacts this undertaking can have for residents now and for the subsequent 125 years.”
Ed Domingo, Basic Supervisor of Empire Metropolis On line casino, mentioned, “When MGM Resorts acquired Empire Metropolis On line casino in 2019, we knew we have been changing into stewards of a historic establishment that has served generations of New Yorkers as a gathering place for leisure, a supply of jobs for the group, and a driver of financial growth. As MGM Resorts prepares to enter its sixth 12 months on the helm of this iconic property, we’re excited to have the ability to mix the information we’ve developed of the New York market with our experience as a worldwide leisure model, to convey the subsequent chapter of New York’s leisure panorama to the unimaginable group we’re a part of.”
With 31 locations around the globe, MGM Resorts provide best-in-class accommodations and casinos, state-of-the-art assembly and convention areas, unimaginable dwell and theatrical leisure experiences, and an intensive array of restaurant, nightlife and retail choices, sports activities betting and on-line gaming operations.
EMPIRE CITY – A DEDICATED COMMUNITY PARTNER
Empire Metropolis boasts the biggest on line casino flooring within the firm’s home portfolio at 160,000 sq. toes and can be one of many largest gaming flooring within the nation. It has been working since October 2006 with video lottery terminals and digital desk video games beneath its present lottery license. The positioning can be dwelling to the historic Yonkers Raceway, a world-renowned horse racing harness observe that has been working since 1899. MGM Resorts stays dedicated to persevering with racing operations and just lately made important investments in observe renovations.
Empire Metropolis is Yonkers’s largest tax contributor and one in all its largest personal employers. Future growth plans will considerably increase workforce numbers with hundreds of direct hires and over 10,000 anticipated oblique and induced jobs. The property at present spends tens of thousands and thousands yearly on native items and companies, retaining New York {dollars} within the state.
MGM Resorts is the market share chief throughout many non-Vegas markets, producing important tax income for states to make use of for key packages. A full industrial gaming license will enable MGM Resorts to supply a on line casino expertise that’s aggressive to the choices of neighboring states, deterring the present move of leisure {dollars} from New York to gaming and leisure properties in different states. The industrial license can be anticipated to spark greater than $1 billion in new financial exercise for the area.
The event plan will transfer ahead if MGM Resorts is profitable in securing one in all three out there full industrial on line casino licenses at present up for bid within the State of New York. Software course of and timeline will probably be offered by the state’s Gaming Facility Location Board within the coming months.
MGM Empire Metropolis
810 Yonkers Ave
Yonkers, NY 10704
United States
+1 914-968-4200
