{"id":314627,"date":"2024-03-19T15:58:26","date_gmt":"2024-03-19T20:58:26","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=314627"},"modified":"2024-03-20T12:46:32","modified_gmt":"2024-03-20T17:46:32","slug":"mgm-files-zoning-request-change-in-prep-for-ny-casino-license","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/","title":{"rendered":"MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License"},"content":{"rendered":"

MGM Resorts International is asking the city of Yonkers, home of the operator\u2019s Empire City Casino, for various zoning changes. The move comes in advance of New York regulators awarding three downstate casino permits.<\/p>\n

\"MGM
MGM Resorts International’s rendering of Empire City should the racino be awarded a full-scale casino license. The company filed a zoning change request with the city of Yonkers. (Image: MGM Resorts International)<\/figcaption><\/figure>\n

Local law firm DelBello Donnellan Weingarten Wise & Wiederkehr, LLP recently filed a zoning petition request that would allow for the creation of a special casino district at Empire City. The venue is currently structured as a slots-only racino. In 2019, MGM paid $850 million<\/a> for Empire City with the hope that New York would eventually allow traditional casinos in the downstate region.<\/p>\n

Empire City Casino is currently the sixth-largest gaming floor in the country. It is the premier gaming, horse racing, and entertainment facility in the region, the largest private employer in the city, and one of the most important contributors to the overall economic well-being of the city,\u201d<\/strong> wrote attorney Mark Weingarten in the zoning request document.<\/p><\/blockquote>\n

Over the past 18 years, Empire City has undergone multiple expansions and is now home to 4,600 electronic table game positions. The gaming venue is also the largest generator of taxes for the city of Yonkers.<\/p>\n

Empire City and NYC Casino Permit<\/h2>\n

It\u2019s not yet clear when New York regulators will award the three downstate casino licenses — it could be later this year or in 2025<\/a> — but consensus wisdom has frequently held that Empire City and Resorts World New York in Queens will win two of the permits.<\/p>\n

\n

That\u2019s not a foregone conclusion, and state regulators haven\u2019t publicly commented to that effect. Other operators clearly believe they have solid chances to win New York casino licenses, because in addition to MGM and Resorts World parent Genting, roughly 10 other companies, including some of the industry\u2019s largest, are vying for New York permits.<\/p>\n<\/div>\n

Empire City and Resorts World New York could have legs up in the competition because they\u2019re established in their respective communities, the operators have histories with New York regulators, and neither venue is in Manhattan.<\/p>\n

Conversely, there\u2019s speculation that a controversy involving<\/a> a former executive employed by Genting and MGM could hamper the operators\u2019 New York plans. But that hasn\u2019t been confirmed.<\/p>\n

MGM Has Big Plans for Empire City<\/h2>\n

The request for zoning for a special casino district is the latest sign that MGM is planning a massive overhaul of Empire City should it procure one of the downstate permits.<\/p>\n

MGM is pledging to develop an 845,000-square-foot entertainment and gaming property. Of that number, 275,000 square feet of existing space would be refurbished, while another 340,000 square feet would be added by way of new construction.<\/p>\n

Additionally, if Empire City is allowed to become a traditional casino, MGM will transform the gaming space into a Las Vegas Strip-style area. New restaurants and a fresh BetMGM sportsbook are also in the plans.<\/strong><\/p>\n

In the zoning request, Weingarten noted MGM could, in the future, embark on a second phase of expansion at Empire City that would include a hotel and more convention space. But those efforts will be left for a later date.<\/p>\n","protected":false},"excerpt":{"rendered":"

MGM Resorts International is asking the city of Yonkers, home of the operator\u2019s Empire City Casino, for various zoning changes. The move comes in advance of New York regulators awarding three downstate casino permits. Local law firm DelBello Donnellan Weingarten Wise & Wiederkehr, LLP recently filed a zoning petition request that would allow for the […]<\/p>\n","protected":false},"author":46,"featured_media":301200,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,86438,13592],"tags":[81897,86457,81895],"acf":[],"yoast_head":"\nMGM Files Zoning Request Change In Prep For NY Casino License<\/title>\n<meta name=\"description\" content=\"MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MGM Files Zoning Request Change In Prep For NY Casino License\" \/>\n<meta property=\"og:description\" content=\"MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-19T20:58:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-20T17:46:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/11\/MGM_Exterior___DayFINAL.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"714\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/\",\"url\":\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/\",\"name\":\"MGM Files Zoning Request Change In Prep For NY Casino License\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/11\/MGM_Exterior___DayFINAL.jpg\",\"datePublished\":\"2024-03-19T20:58:26+00:00\",\"dateModified\":\"2024-03-20T17:46:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/11\/MGM_Exterior___DayFINAL.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/11\/MGM_Exterior___DayFINAL.jpg\",\"width\":1200,\"height\":714,\"caption\":\"MGM Resorts International's rendering of Empire City in Yonkers, NY. The operator has the financial resources to execute multiple significant projects, say analysts. (Image: MGM Resorts International)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Commercial Gaming\",\"item\":\"https:\/\/www.casino.org\/news\/commercial-gaming\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\",\"name\":\"Todd Shriber\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png\",\"caption\":\"Todd Shriber\"},\"description\":\"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/todd-shriber\",\"https:\/\/www.linkedin.com\/in\/toddshriber\/\",\"https:\/\/x.com\/etfgodfather\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/todd-shriber\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"MGM Files Zoning Request Change In Prep For NY Casino License","description":"MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/","og_locale":"en_US","og_type":"article","og_title":"MGM Files Zoning Request Change In Prep For NY Casino License","og_description":"MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License.","og_url":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2024-03-19T20:58:26+00:00","article_modified_time":"2024-03-20T17:46:32+00:00","og_image":[{"width":1200,"height":714,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/11\/MGM_Exterior___DayFINAL.jpg","type":"image\/jpeg"}],"author":"Todd Shriber","twitter_card":"summary_large_image","twitter_creator":"@etfgodfather","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Todd Shriber","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/","url":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/","name":"MGM Files Zoning Request Change In Prep For NY Casino License","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/11\/MGM_Exterior___DayFINAL.jpg","datePublished":"2024-03-19T20:58:26+00:00","dateModified":"2024-03-20T17:46:32+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85"},"description":"MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/11\/MGM_Exterior___DayFINAL.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/11\/MGM_Exterior___DayFINAL.jpg","width":1200,"height":714,"caption":"MGM Resorts International's rendering of Empire City in Yonkers, NY. The operator has the financial resources to execute multiple significant projects, say analysts. (Image: MGM Resorts International)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/mgm-files-zoning-request-change-in-prep-for-ny-casino-license\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Commercial Gaming","item":"https:\/\/www.casino.org\/news\/commercial-gaming\/"},{"@type":"ListItem","position":3,"name":"MGM Requests Yonkers Zoning Changes in Hopes of Winning NY Casino License"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85","name":"Todd Shriber","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-11-96x96.png","caption":"Todd Shriber"},"description":"Todd Shriber is a senior news reporter covering gaming financials, casino business, stocks, and mergers and acquisitions for Casino.org. Todd got his start in financial markets as a reporter with Bloomberg News. Later, he became a trader at a Southern California-based long\/short hedge fund, where he specialized in the trading sector and international ETFs leading up to and during the financial crisis. He joined Casino.org in 2019. Currently, Todd analyzes, researches, and writes on ETFs for various web-based publications and financial services firms. Shriber has been featured and quoted in Barron's, CNBC.com, and The Wall Street Journal. His work can also be found on Benzinga, ETF Daily News, ETF Trends, MarketWatch, Fox Business, and Nasdaq.com. He currently resides in Las Vegas, where he enjoys golf and taking his black lab to the dog park. He's also an avid sports fan and likes to wager on college football and the NBA. You can also find him at the three-card poker and roulette table, even though he knows better. Contact Todd at todd.shriber@casino.org.","sameAs":["https:\/\/muckrack.com\/todd-shriber","https:\/\/www.linkedin.com\/in\/toddshriber\/","https:\/\/x.com\/etfgodfather"],"url":"https:\/\/www.casino.org\/news\/author\/todd-shriber\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/314627"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=314627"}],"version-history":[{"count":4,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/314627\/revisions"}],"predecessor-version":[{"id":314776,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/314627\/revisions\/314776"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/301200"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=314627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=314627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=314627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}