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"Since submitting our application in June, the competitive and economic assumptions underpinning our application have shifted, altering our return expectations on the proposed $2.3 billion investment. At one point the field contained eleven bidders, but three withdrew before the application deadline and four more were vetoed by community advisory committees. MGM’s was one of four remaining bids for up to three casino licenses the state is planning to award by year’s end. MGM had been seeking the license to expand its Empire City property in Yonkers, just north of New York City, from racing and slots into a full-service casino. MGM Resorts International announced Tuesday afternoon it is withdrawing its commercial casino license application submitted to the New York State Gaming Commission and Gaming Facility Location Board. He joined CasinoBeats in May 2025 and reports on industry-shaping stories across the US and beyond, including legislative debates, market expansions, financial performance, operator strategies, and the fast-evolving world of sweepstakes casinos and prediction markets. The regulator anticipates awarding the winning licenses by the end of the year.