Tioga Downs Casino Resort, in Nichols, has been sold for $175 million to Gaming and Leisure Properties, Inc., but will still be operated and managed by American Racing & Entertainment.

Tioga Downs, located in Nichols, NY, is a sprawling 162-acre property that boasts a 32,600 sq. ft. gaming floor with 895 slots and 29 table games, a FanDuel sports book, a 160-room hotel ...