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New York closes applications for three downstate casino licences

Licences & markets

New York’s application deadline for three downstate commercial casino licences closed on 27 June, with eight developers still competing, reportedly. MGM Resorts said it filed a $2.3bn proposal on 26 June to convert Empire City Casino into a full casino resort; it plans to finish the project by mid-2029 if awarded a licence. Community Advisory Committees will begin statutory reviews after the deadline.

Applicants and local authorities now face review and entitlement processes before any of the three licences can be awarded.

End-of-day close MGM Resorts (MGM), USD, to 11 August 2025
Story date13 May 202511 August 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

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