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New York advisory committees advance Yonkers and Queens casino bids

Licences & markets

Community Advisory Committees in Yonkers and Queens voted unanimously to advance casino proposals to New York’s Gaming Facility Location Board, which is due to review bids in December. Resorts World’s Queens expansion is valued at $5.5bn, while MGM Resorts’ Empire City proposal in Yonkers is a $2.3bn redevelopment; the state Gaming Commission will make the final licensing decisions.

The votes move two casino proposals to the next stage of New York’s licensing process.

End-of-day close MGM Resorts (MGM), USD, to 10 November 2025
Story date12 August 202510 November 2025

Latest reported results

MGM Resorts NYSE: MGM

Quarter ended 30 September 2026

Revenue
USD 4.21bn10-Q filing 0000789570-26-000107
Operating income
USD 118.7m10-Q filing 0000789570-26-000107

Earlier licence decisions by NYSGC

DateCompanyAmountStoryAppeal status
Resorts World NYCNot statedResorts World NYC wins unanimous local approval for casino bidNot stated
MGMNot statedMGM Empire City wins local approval for New York casino bidNot stated
Thor Equities, Saratoga Casino HoldingsUSD 3,400,000,000Four Coney Island advisory members oppose proposed New York casinoNot stated
Mohegan, Soloviev GroupNot statedNew York committee rejects Mohegan casino proposal in ManhattanNot stated
MGM ResortsUSD 2,300,000,000MGM Yonkers applies for New York commercial casino licenceNot stated

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