Yonkers Casino Vote: MGM Empire City Poised for Approval
CBS New YorkOctober 5, 20252 min3,142 views
14 connectionsΒ·18 entities in this videoβCasino Expansion in New York
- π― The downstate New York casino approval process is nearing its end, with MGM Empire City in Yonkers expected to receive a crucial vote.
- π‘ Three Manhattan casino proposals have already been rejected, highlighting the challenges in securing approval.
MGM Empire City's Advantage
- π Casino expert Alan Winsky believes MGM Empire City is a strong favorite due to its nearly 20-year successful track record and existing operations.
- β The venue already operates with video slots and gaming, providing a foundation for expansion into live dealer games.
Proposed Enhancements and Benefits
- π MGM plans to add 183 live dealer games, 14 new restaurants and bars, and a 5,000-seat venue for concerts and shows.
- π° The city of Yonkers anticipates over $50 million annually in taxes and shared revenue, with a dedicated fund for small businesses on Yonkers Avenue.
Community Support and Next Steps
- π€ Unlike Manhattan proposals, the Yonkers project has garnered significant community support, with minimal opposition.
- π A likely thumbs-up from the community advisory council on Thursday would put Yonkers on track for one of three full casino licenses.
- π Final approval still requires a state panel vote in December, with Resorts World New York City in Queens also expected to gain community approval.
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Whatβs Discussed
Casino ExpansionMGM Empire CityYonkersNew York Casino LicensesCommunity Advisory CouncilLive Dealer GamesResorts World New York CityQueens Casino
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