Chairman of ARE Jeff Gural buys out partner for sole ownership

American Racing and Entertainment announced today that Chairman and CEO, Jeff Gural's entity, Southern Tier LLC, has gained sole ownership of the company after buying out his partners at Plainfield Investment.

Gural's company now controls sole ownership of American Racing and Entertainment, which owns and operates two upstate New York Casinos, Tioga Downs and Vernon Downs.

The Board of Directors for American Racing and Entertainment is Jeff Gural, Chairman and CEO, Tom Osiecki, President and COO, and board members Scott Freeman VP and General Manager of Vernon Downs, Jason Settlemoir VP of Racing, Simulcast, and Sales, Annie Allman and Ron Johnson.

Tioga Downs Casino, Nichols, New York, you must be 18 years old to play video gaming machines, please play responsibly.

For more information please contact us online at www.tiogadowns.com or by phone (1-888-WIN-TIOGA).