MTR Gaming Group News

Principles don't pay the bills. Nor do they always win elections. That may be the lesson from last month's Issue 3, where the moral and social opponents of gambling struggled to be heard amid the din of rival gambling groups trying to sway voters.

For three years, a lawsuit over a failed project on Erie's bayfront has spread like a web, pulling some well-known local developers and community leaders into the case.

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The former chief executive officer of MTR Gaming Group, Inc., has entered into a lawsuit which claims the company owes him hundreds of thousands of dollars.

Officials at MTR Gaming say they are "clearly disappointed" that casinos are coming to four Ohio cities, but growth opportunities remain.

MTR Gaminga s revenue fell again in the third quarter, down 9 percent from the same three-month period a year ago.

A new group has joined the fray on Issue 3, which would permit casinos in Ohio's four largest cities.

The backers of the latest effort to bring Las Vegas-style casinos to Toledo and three other Ohio cities have already wagered nearly $32 million on the campaign.

MTR Gaming Group, Inc. today announced that its Corporate Executive Vice President and Chief Financial Officer, David Hughes, will be presenting at the Wells Fargo Securities Consumer Growth Conference on Tuesday, October 27, 2009 at the New York Palace Hotel in New York City.

Erie real-estate agent Gregory J. Rubino wants a state appeals court to lift a 3-year-old ban that prohibits him from doing business with Presque Isle Downs & Casino, which he helped develop.

The campaign over four casinos in Ohio is largely a battle between rival gambling interests: Penn National Gaming Inc.

MTR Gaming Group Inc. said Oct. 8 that on Oct. 7 it priced its previously announced offering of $10 million in aggregate principal amount of 12.625% senior secured notes due 2014 at an issue price equal to 96% of the principal amount of the notes.

Presque Isle Downs & Casino must be feeling a bit of a pinch these days, considering the new property tax bills it will face, along with the prospects of paying a serious fee to the state for the right to operate table games.

Of the U.S. REITs, REOCs, homebuilders and gaming companies traded on the NYSE, NYSE American Stock Exchange Equities and NASDAQ with a Sept.

MTR Gaming Group, Inc. today announced that its President and Chief Executive Officer, Robert Griffin, and Corporate Executive Vice President and Chief Financial Officer, David Hughes, will be presenting at the Deutsche Bank Leveraged Finance Conference on Thursday, October 1, 2009 in Scottsdale, Arizona.

A statewide investigative grand jury has taken an interest in the financial records of an Erie company that helped develop Presque Isle Downs & Casino.

MTR Gaming Group Inc. made the company's case Wednesday for a lower tax on table games and for a license fee based on the number of games.

The Chickasaw Nation appears well on its way to purchasing Remington Park in Oklahoma from Magna Entertainment Corp., but the fate of other MEC racetrack holdings is fuzzy at best.

State officials submitted evidence Tuesday indicating that gambling giant Penn National Gaming is underwriting an effort to overturn racetrack slots legalized by Ohio lawmakers and Gov.