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MGM Mirage Chasing New York Casino
May.18, 2009
After months of fighting to maintain the assets the company already owns, MGM Mirage is once again trying to expand into new gaming ventures.
The casino operating company has reentered the race to manage a proposed casino at Aqueduct Racetrack.
The racino project has been in development for several years, causing MGM to withdraw two years ago as legislative and political battles led to endless delays. But now budget demands have pushed the project forward, and
MGM has partnered with a Florida developer to enter a bid.
The casino, once built, would be the only legal casino in New York City. Gaming laws allow for 4500 slot machines, although table games are still forbidden.
“MGM Mirage is ready to quickly resume our prior efforts and deliver on the still unrealized dream of Aqueduct. Our knowledge of and history with Aqueduct is comprehensive and dates back to the first stages of the project, and no one knows Aqueduct better than we do,” said MGM Mirage president of development Ken Rosevear.
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