Vernon Downs CEO makes statement regarding Lago Casino project

"Mr. Greenburg owns an extremely small percentage of Vernon Downs, is not involved in the daily operation of the property and his unsubstantiated statements and opinions do not reflect that of Vernon Downs, (Tioga Downs Casino) or American Racing and Entertainment, LLC," Gural said. "We want to let the media and public know that we have not taken a position on the matter involving the Lago Casino. We trust that state regulators will determine the appropriate course of action on the project once all factors are considered. Obviously cannibalization is a concern, but for the moment, our focus is on the Tioga Downs expansion project in anticipation of the full gaming license. We are continuing to effectively operate Vernon Downs to best position it for the future and as winter sets in we hope the new indoor garage will make it easier for our customers to visit. Members of the media are welcome to contact me at any time if they would like a comment on American Racing and Entertainment or its associated properties."

Tioga Downs recently broken ground on its own expansion in anticipation of receiving the state's final full casino gaming license.

The official gaming licenses are expected to be issued to the four New York State Gaming Facility Location Board recommended locations at the end of this year.