![]() The Rooney family has owned Empire City Casino and Yonkers Raceway for more than 45 years. The facility has more than 5,300 electronic slot machines and in fiscal year 2015-2016 posted net revenues of more than $571 million, according to figures supplied by the New York State Lottery. A spokesperson for Empire City told Real Estate In-Depth that in addition to perhaps identifying a strategic partner, “all options are on the table for discussion,” including a possible sale of the iconic property.”Įmpire City has previously released a master plan for future development that company officials stated would be valued at more than $1 billion. 15, Empire City Casino officials said that JP Morgan will serve as the financial advisor in the exploration of alternatives that could include the addition of “strategic partnerships” as well as a sale of the nearly 100-acre property located next to the New York State Thruway in Yonkers. ![]() Morgan Securities LLC to identify a strategic partner or perhaps explore a possible sale as it looks transform the highly successful racing and casino venue into a global gaming and entertainment destination. YONKERS-Empire City at Yonkers Raceway has retained J.P.
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