US casino operator MGM Resorts International has entered into an agreement to acquire New York's Empire City race track and casino for $850m.
The company, which operates leading casinos in five US states including the Bellagio in Las Vegas, said that the acquisition would expand its geographic footprint to the high-density New York region.
"We are excited to announce the addition of Empire City to the MGM Resorts portfolio," said Jim Murren, chairman and CEO of MGM [...]
