MGM Resorts’ Empire City Casino Generates Over $5B Impact on New York Economy

Empire City Casino, operated by MGM Resorts, has reached a remarkable milestone by contributing an impressive $5 billion to New York State education. Since its inception in 2006 as a venue primarily featuring video lottery terminals (VLTs), the casino has expanded its reach, significantly bolstering the economic landscape not only of New York but also specifically of Westchester County and the Bronx.

Acquired by MGM Resorts in 2019 for a substantial $850 million, the Yonkers-based casino has dedicated over $1.3 billion to education in just the past five years. These contributions account for approximately 30% of the total funds generated by VLT casinos throughout New York. Empire City pours about $25 million monthly into K-12 public schools, marking it as an essential pillar in the state’s educational funding. The casino’s economic ripple effect extends beyond education as its annual revenue injects hundreds of millions of dollars into harness racing, as well as local and state governmental budgets, underscoring its pivotal role in regional financial stability.

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MGM Resorts has significantly invested in Empire City since its acquisition, leading to substantial upgrades at the historic Yonkers Raceway. These enhancements include new track surfaces, LED lights, and a modern tote board. Additionally, the casino floor has seen the addition of a VIP gaming room and high-tech spaces for staff. The commitment to modernization reflects MGM’s broader vision of creating a state-of-the-art gaming and entertainment destination.

Empire City Casino’s impact on the local community is noteworthy, providing employment for a substantial number of residents. The casino distributes over $90 million in wages annually, with more than 70% of its workforce residing in Yonkers, Mount Vernon, and the Bronx. Unions represent over 90% of the staff, many of whom have enjoyed long-term employment in various capacities, underscoring the casino’s role in offering stable jobs to the local populace.

Looking ahead, MGM Resorts has ambitious plans contingent on securing one of New York State’s three pending commercial gaming licenses. These licenses would enable Empire City to introduce live dealer games, in-person sports betting, and Las Vegas-style slot machines. The vision includes expanding the casino floor, creating a 5,000-person event space, incorporating fine dining establishments, and launching a state-of-the

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Jessica Bradley
An editor at Hustle 'N' Bet

Jessica is a spirited reporter specializing in the lively world of casino news. Armed with a notebook and a lucky charm, she uncovers the latest gaming trends and high-stake adventures, delivering a thrilling blend of facts and fun to her readers. Don't let her looks fool you, Jessica is a true adventurer, always eager to try new experiences, from tasting exotic cuisine, hiking, to skydiving. Her infectious enthusiasm, friendly demeanor, and diverse circle of friends, including magicians and chefs, make her stories a delightful journey into the unexpected joys of life.


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