MGM Resorts announced Tuesday it was withdrawing its bid to bring full-scale casino gambling to Yonkers.

The surprise announcement comes just two weeks after the MGM Empire City proposal qualified for the final round of the state’s downstate licensing competition. It leaves just three projects vying for up to three casino licenses being awarded by the state.

The remaining bids are Bally’s Bronx and Resorts World New York City and Metropolitan Park , both in Queens. The state Gaming Facility Location Board is expected to choose the winning bids in December.

MGM Resorts said in a statement that the decision was economic, owing to the fierce competition that would result from the potential existence of multiple casinos within the five boroughs.

“Since submitting our application

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