MGM later sold the casino to its real estate investment trust (REIT), MGM Growth Properties, in a leaseback deal. The sale from the Rooney family to the Las Vegas-based casino giant didn’t close until the following January. MGM Resorts agreed to acquire Empire City Casino at Yonkers Raceway in May 2018 for $850 million. MGM says the license would additionally create thousands more indirect jobs by third-party contractors expanding their own operations to meet the casino’s growing demands. The casino’s expansion from being only a video lottery terminal and electronic table game venue into a Las Vegas-style casino resort would also require several thousand temporary construction workers. Duffy said MGM would need to expand its Empire City Casino workforce by about 2,500 positions.
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