MGM already has a foothold in the region with the Empire City 'racino,' a horse racetrack that has expanded to include various electronic lottery games.

Other companies in the running include major brands like Wynn Resorts and Las Vegas Sands.įor more TPG news delivered each morning to your inbox, sign up for our daily newsletter.

The state of New York plans to issue three commercial gaming licenses that would allow a casino resort to operate in or around New York City, and MGM Resorts International is one of several companies vying for a permit. © 2024 NYP Holdings, Inc.Las Vegas might be the casino capital of the U.S., but now the Big Apple - or rather the area right above its northernmost borough - is attracting the largest operator of Sin City megaresorts. Resorts World declined to give more specifics.įederal agents, however, are reportedly probing whether employees at MGM Grand, where Sibella was president in 20, had been using company assets to pay off gambling debts to notorious bookie Wayne Nix, who pleaded guilty last year to running a massive, illegal gambling operation and filing false tax returns, according to an August article in the Nevada Current. In a statement to The Post, Resorts World said Sibella’s surprise exit from the company Friday was “effective immediately” over Sibella’s “failing to disclose certain information required under company policies.” That’s following news that Scott Sibella - the former head of the MGM Grand casino in Las Vegas - has been ousted as president and operating chief of Resorts World, which he had joined from MGM in 2019. Those calculations, however, may have been upended in recent days - with MGM’s odds particularly at risk, according to sources. Until as recently as last week, MGM Grand and Resorts World - operators, respectively, of the Empire City Casino in Yonkers and the Resorts World Casino at the Aqueduct Race Track in Queens - had been considered shoo-ins to win two of the three coveted full-scale casino licenses in a state-run process that’s slated to conclude next spring.

The odds are getting rejiggered in the closely watched race for three lucrative casino licenses in the New York City area - partly because of an alleged bookmaking scandal that’s unfolding in Las Vegas, The Post has learned. MGM losing up to $8.4M per day as cyberattack paralyzes slot machines, hotels for 8th straight day: analyst Gen Z Hackers behind MGM, Caesars breaches are ‘more sophisticated’ and ‘ruthless’ MGM Resorts loses over $100M after refusing to pay ransom to end cyberattack Hollywood’s Jewish founders knew exactly what a pogrom is.

Nyc full scale casino