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Moody's: Yonkers unchanged
Moody's Investors Service said there is no immediate impact on Yonkers Racing Corp.'s B1 ratings despite that its gaming revenue dropped nearly 8% in first full month Aqueduct Racetrack was open.
The outlook is stable.
Empire City Casino located in Yonkers, N.Y., continues to hold its own despite the October 2011 opening of the first phase of Resorts World Casino at Aqueduct Racetrack in Queens, N.Y., which is located only about 20 miles from Empire City, Moody's said.
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