Decoding the Ownership of Empire City Casino: An In-Depth Look

Empire City Casino, nestled in Yonkers, New York, stands as a testament to the bustling gaming industry. However, the question of "who owns Empire City Casino" remains shrouded in intrigue. This article delves into the labyrinth of ownership, offering a comprehensive overview of the stakeholders who wield control over this renowned establishment.

The Story Behind Empire City Casino

Empire City Casino, initially opened in 1987, has a rich history of entertainment and gaming. The casino was developed by a group of investors led by Resorts International, which was later renamed to Caesar's Entertainment. Over the years, the casino has undergone several transformations, including a major renovation in 2012 that significantly expanded its gaming floor and added new amenities.

The Ownership Saga

1. Empire Resorts, Inc.

Empire Resorts, Inc., a publicly traded company, acquired Empire City Casino in 2008. The company, based in Yorktown Heights, New York, owns and operates Empire City Casino, as well as the nearby Mountaineer Casino, Racetrack & Resort in West Virginia. Empire Resorts, Inc. has been a dominant force in the regional gaming industry, consistently reinvesting in its properties to enhance the gaming experience.

2. The Mohegan Tribe

In 2017, the Mohegan Tribe of Connecticut joined forces with Empire Resorts, Inc. The partnership aimed to leverage the expertise and resources of both parties to solidify Empire City Casino's position as a premier entertainment destination in the region. The Mohegan Tribe, known for its successful casinos in Connecticut, brought a wealth of experience in casino management and marketing.

3. Empire City Casino Associates

Empire City Casino Associates, a limited liability company, holds a significant stake in the casino's ownership. The company is an affiliate of Empire Resorts, Inc. and was established to oversee the day-to-day operations of the casino. Empire City Casino Associates is responsible for managing the property's gaming floor, restaurants, and entertainment venues.

The Impact of Ownership on Empire City Casino

The combined efforts of Empire Resorts, Inc., the Mohegan Tribe, and Empire City Casino Associates have propelled the casino to new heights. The following are some of the key benefits of their partnership:

1. Enhanced Gaming Experience

The collaboration between Empire Resorts, Inc. and the Mohegan Tribe has led to an enhanced gaming experience for visitors. The casino has introduced new games, improved customer service, and expanded its offerings to cater to a diverse audience.

2. Increased Revenue

The strategic partnership has resulted in increased revenue for Empire City Casino. The combined expertise of both parties has helped the casino attract more customers and maximize its profitability.

3. Expansion and Renovation

Empire City Casino has undergone several expansions and renovations since the partnership was formed. The latest renovation in 2012 expanded the gaming floor by 50,000 square feet and added new amenities, making it a more attractive destination for visitors.

Frequently Asked Questions (FAQs)

Q1: Who currently owns Empire City Casino?

A1: Empire City Casino is jointly owned by Empire Resorts, Inc. and the Mohegan Tribe of Connecticut.

Q2: How did Empire Resorts, Inc. come to own Empire City Casino?

A2: Empire Resorts, Inc. acquired Empire City Casino in 2008 through a merger with the casino's previous owner, Park Place Entertainment.

Q3: What is the role of the Mohegan Tribe in the ownership of Empire City Casino?

A3: The Mohegan Tribe of Connecticut joined the partnership in 2017, bringing its expertise in casino management and marketing to enhance the casino's offerings.

Q4: How has the ownership structure impacted the casino's operations?

A4: The partnership between Empire Resorts, Inc. and the Mohegan Tribe has led to an enhanced gaming experience, increased revenue, and continuous expansion and renovation efforts.

Q5: Can you provide any details on the latest expansion or renovation project at Empire City Casino?

A5: In 2012, Empire City Casino underwent a major renovation that expanded the gaming floor by 50,000 square feet and added new amenities, making it a more attractive destination for visitors.

In conclusion, the ownership of Empire City Casino is a collaboration between Empire Resorts, Inc., the Mohegan Tribe, and Empire City Casino Associates. This partnership has allowed the casino to thrive in the competitive gaming industry, offering a top-notch gaming experience to its patrons. As the casino continues to evolve, its future looks promising under the guidance of these experienced stakeholders.