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In a Surprise, MGM Drops Bid for N.Y. Casino License, Leaving 3 Competitors

By The New York Times   |   1 month ago
In a Surprise, MGM Drops Bid for N.Y. Casino License, Leaving 3 Competitors

MGM Resorts International has withdrawn from the competition to operate a full-scale casino near New York City due to changing economic assumptions. Only three bidders remain for the three casino licenses that New York State plans to award by year-end.

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