Tioga Downs made their latest big announcement today, as the casino looks to up the ante on its expansion plans. The Nichols facility announced that it has signed a lease option for the Tioga Country Club, contingent upon Tioga Downs receiving the Southern Tier’s full casino license later in the year.
Tioga Downs has paid an option price of $50,000 which will be in place until all four of the gaming licenses are awarded. If Tioga Downs were to receive the license, they will be paying all operating expenses, mortgages, and property taxes at the golf course. They will also be building a new clubhouse, pictured below.
The state is expected to announce sometime this fall which groups will be granted a full casino license.