MGM Resorts International Invests $500K in Yonkers Raceway Track Renovation

Trotters and pacers returned to Yonkers Raceway earliest this month, but non before the historic rein in rail just now out of doors of New York City completed a $500,000 renovation.

MGM Resorts International, which operates the cartroad and the Empire City Casino, also located there, said inward a statement it was the world-class overhaul of the 122-year-old data track since 2006.

We are improbably proud to urinate this significant investment in the sport,” said MGM Resorts Northeast Group Senior Vice President and Chief Financial Officer Ed Domingo. “We hold a warm book of providing i of the safest tackle tracks inward the country, and this regrading testament not only when protect that record, but will heighten the fight and fervour of our races.”

Work began on Memorial Clarence Shepard Day Jr. weekend on the half-mile oval track. Construction crews laid 8,000 piles of unexampled come up material, with 6,000 wads of recycled caterpillar tread material and 64 lots of lime. In addition to the resurfacing, crews raised the turns to make 14-degree banks. Those serve well as the steepest banks crosswise the country.

Track officials said the new rise up testament amend withstand the rigors of a year-around racing schedule. Races are scheduled to occupy place 234 years inwards 2021, with cards scheduled during weekday evenings.

Workers also installed young LED lighting to improve visibility.

Fans Allowed Again at Yonkers

The renovations concluded on June 9. That also coincided with the first of all twenty-four hours Yonkers welcomed backrest fans in more than a year.

“Having fans rear at the caterpillar tread enjoying racing in somebody is a outstanding stone's throw towards full reverting to habitue racing operations,” said Alex Dadoyan, the managing director of racing at Yonkers.

The do work also wrapped up in clip for Yonkers to innkeeper its legs of tackle racing’s Triple Crown for trotters and pacers. The $500,000 MGM Yonkers Trot and the $500,000 MGM Grand Messenger Stakes for pacers testament have put on July 2.

MGM’s Empire City a Moneymaker

Besides rein racing at Yonkers, Empire City Casino offers to a greater extent than 5,000 expansion slot machines and electronic tabular array game seats. However, the mediocre figure of available machines has been reduced o'er the past tense IX months since New York allowed casinos to reopen.

In May, Empire City averaged 3,216 open up machines daily. New House of York State Gaming Commission information shows the Yonkers gambling casino has begun to ensure activity at levels matching pre-pandemic play.

Last month, patrons played $848.5 gazillion and won $790.5 million. Both of those totals were the highest Empire City reported since May 2019. That month, the MGM casino reported a handgrip of $865.3 one thousand thousand and a payout of $804.6 million.

Meanwhile, the $56.4 gazillion clear win was the casino’s highest since Match 2019, when it took inwards $58.3 million.

Since the unexampled fiscal twelvemonth started in April, Empire City has reported a meshwork win of $112.6 million. More than half of that, or $56.9 million, goes toward the New House of York State Education Fund. After 10 percent is taken out to pay gaming vendors, the manipulator receives the rest. However, they must earmark 8.75 percent of that toward funding purses and 1.25 percent goes to breeders.

While fully fledged casino resorts aren’t inwards the cards this year for downstate New York, MGM officials have got verbalised an stake inwards pursuing ace of the trinity licenses that will follow made available past 2023.

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