That makes its future related to the Yonkers raceway, Empire City Casino, because that’s also an MGM property. So it will be impacted by the full licenses that a New York State Gaming Commission (NYSGC) siting board awards. That said, Borgata “is an indirect, wholly owned subsidiary” of MGM Resorts International. They said remodeling The Water Club tower and rebranding it as the MGM Tower was in the works for “quite some time,” because it’s meant to celebrate the 20th anniversary of the Borgata Hotel, Casino, and Spa. The $55 million Borgata remodel plans aren’t a response to three pending downstate New York retail casino licenses, according to representatives of the Atlantic City casino.
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