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Ricky Flores and Peter Carr, The Journal News (Photo: Empire City Casino at Yonkers Raceway) ALBANY - MGM Resorts is expected to close in early January on its $850 million purchase of Empire City Casino and Yonkers Raceway. But the gambling giant is keeping its cards close to the vest on itsplans for thefacility just 15 miles from Times Square. Still, local officials said MGM is expected to pursue a hotel and theater, as well as other entertainment options as it hopes to land a full-scale gaming license from the state sooner rather than later. "Ive had a number of conversations with them. Clearly, they are very guarded about what their plans are," Yonkers Mayor Mike Spano said. "That being said, they have said over and over again that they do have plans and that theyre huge plans." The Las Vegas-based MGM will be making its first entry into the competitive New York gambling market as it builds a formidable Northeast presence after opening a $1 billion MGM Springfield in Massachusetts in August. It also owns the massiveBorgata casino in Atlantic City. But with Empire City, MGM gives itself the closest gambling operation to New York City and will competewith Resorts World, which owns the largest racino in the state at Aqueduct Racetrack in Queens and a $1 billion casino in the Catskills. "This acquisition represents an excellent opportunity to further solidify our presence on theEast Coast, and in particular, expand our reach into the high-densityNew York Cityregion,"Jim Murren, chairman and CEO ofMGM Resorts International, said in a statement when the แทง บอล ออนไลน์ winningft deal was announced in May. The sale willendthe 46-year ownership by the Rooney family of Yonkers Raceway that morphed into the video-lottery facility in 2006. Yonkers Raceway and Empire City Casino has been sold to MGM.
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