MGM stunned the casino world Tuesday, abandoning its attempt to win a New York City license. It's surprising because domestic growth opportunities are hard to come by in the industry. Despite the ...

MGM Resorts’ stunning departure from the downstate New York Casino race just two months before a decision announcement has ended plans for what would have been one of the nation’s highest-grossing ...

In a move that stunned local officials, MGM Resorts on Tuesday pulled Empire City Casino in Yonkers from the race for a limited number of casino licenses in New York. The sudden reversal has the ...

MGM Resorts International is no longer looking to turn its slot- and electronic-game-focused Empire City Casino in Yonkers, N.Y., into a full-fledged casino with live games such as poker and blackjack ...

The competition remains fierce, but the focus of the battle for three downstate casino licenses in New York is shifting. With Manhattan out of the picture, attention moves to Yonkers and Queens, where ...

MGM and Caesars are the two largest casino operators on the Las Vegas Strip, but these companies aren’t twins. For risk-tolerant investors, Caesars could be a play on declining interest rates and ...