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ET Dec. 5, 2018 | Updated 7:20 a.m. ET Dec. 5, 2018 Drone footage of the Empire City Casino at Yonkers Raceway which was sold to MGM for $850 million. POKER Ricky Flores and Peter Carr, The Journal News (Photo: Empire City Casino at Yonkers Raceway) ALBANY - MGM Resorts is expected to close in early January on its $850 million purchase of Empire City Casino and Yonkers Raceway.

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