Tioga Downs Casino to expand its facility

The casino located in New york announced that it will expand its property into a full-scale casino and hotel.

US.- The owner and operator of Tioga Downs Casino, American Racing & Entertainment, announced that they raised over US$90 million in new senior secured debt facilities, and it will enable the company to complete the expansion and it will transform the current casino into a full-scale casino and hotel.

Tioga Downs Casino is located in Nichols, New York, and it will offer the latest entertainment amenities, 44 table games and 942 slot machines in its approximately 33.000 square feet casino. The facility will also offer a 161-room hotel, a spa, an 18-hole golf course and 3 restaurants.

The project that began its construction in September was approves by the New York Gaming Commission on August 2016, and it’s working with the GC to complete the remaining steps that it needs in order to fulfill the law and regulation requirements it needs to convert the current facility into a bigger one.

CEO of American Racing & Entertainment, Jeff Gural, said: “Getting this project financed is not only a win for us as a company, but also the Southern Tier community. It will act as an immediate catalyst for economic growth by creating over 550 jobs and attracting more people to the area. Our business is already booming so I am really encouraged to see the Tioga Expansion continue to drive visitation and improve the local economy.”