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MGM buys New York casino

Posted: Thu Jan 31, 2019 9:13 am
by JIMDUECE`SWILD

Re: MGM buys New York casino

Posted: Thu Jan 31, 2019 9:24 am
by Tedlark
Thanks for sharing JDW, the other articles are good reads too.

Re: MGM buys New York casino

Posted: Thu Jan 31, 2019 10:21 am
by billryan
Yonkers Raceway was closed for several years before it got its racino license. I believe it was being offered around in the forty-fifty million dollar range, but how to develop it would have been nitemarish.
One side wanted affordable housing and one wanted anything but that. Instead, they got their permit, and now made an additional 800 million off the sale. Life is good.

Re: MGM buys New York casino

Posted: Fri Feb 01, 2019 8:32 pm
by FAA
Nice footprint they have engineered. Wheeling and dealing!

Re: MGM buys New York casino

Posted: Fri Apr 05, 2019 5:35 pm
by empirejeff
They are also the new owners for the casino next to North field Park.