MGM Yonkers Inc., doing business under MGM Resorts International, has officially applied for a commercial casino license in New York.
In its application, the company presented an ambitious $2.3 billion redevelopment plan to redevelop Empire City Casino in Yonkers.
The plan, in a bid to be presented to the New York Gaming Commission and the Gaming Facility Location Board, seeks to convert the current racino into a full-service commercial casino and entertainment complex. The conversion would include a re-arranged gaming area, an enlarged high-limit lounge, and a retail BetMGM Sportsbook building.
Assuming approval, the entire project is projected to be finished by mid-2029.
MGM’s bid is based on economic benefits to the community.