MTR Gaming Group News

A well known Cleveland businessman wants to buy stock in MTR Gaming. MTR Gaming is the group that owns Presque Isle Downs and Casino.

The 50+ member Gem City Concert Band , under the direction of Dr. Scott Tomlison, will be performing tonight as part of the City of Erie's Sounds of Summer Concert Series at Memorial Park at 26th and State ...

As the nation pauses this week to remember the sacrifices our men and women in the military have made to allow us to celebrate Independence Day, Stratizon - CHESTER, W.V.-- --MTR Gaming Group, Inc.

As reported by Associated Press: "Moody's on Friday downgraded the credit ratings of gaming company MTR Gaming Group Inc., citing heightened competition and liquidity issues.

The S-Network Global Gaming Index will delete five stocks from the index, effective 6:00 PM Sunday, June 22.

MTR Gaming Group Inc. has completed the sale of its Speedway Casino in Nevada. Lucky Lucy D paid $2 million in cash.

David R. Hughes has been named chief financial officer and executive vice president of MTR Gaming Group Inc. via The York Daily Record

MTR Gaming Group, Inc. today announced that it will issue its financial results for the first quarter ended March 31, 2008 on Monday, May 12, 2008 before the stock market opens. via PrimeNewswire

By Keith Roberts kroberts@citpat.com -- 768-4922 Just about every season, Dan Rakieten worries about how to keep Jackson Harness Raceway from losing money, and just about every season it still does. via Jackson Citizen Patriot

“We have moved the ball forward tremendously”

As Kenny Rogers sang, when it comes to gambling, sometimes you've got to know when to walk away. via Weirton Daily Times

Aluminum producer Alcoa Inc. said Monday its first-quarter earnings plummeted 54 percent as higher raw material and energy costs and a weaker dollar cut into results. via Canadian Business Magazine

“At this time, his contract expires at the end of the year.”

The annual report, which was released April 4 after close of the stock market, said Arneault would not enter into a new employment agreement, but would "remain for a reasonable period if required for a smooth ... via Blood Horse

Union negotiators and Mountaineer Casino Racetrack & Resort in Chester have reached a tentative deal on a new contract. via WKYC-TV

Moody's Investors Service put MTR Gaming Group Inc.'s ratings under review for a possible downgrade Friday, citing internal controls weakness. via International Business Times

“We believe Mountaineer is trying to silence our voice on the picket line”

MTR Gaming Group Inc. President and CEO Ted Arneault has indicated he could step down at the end of 2008, according to the company's annual filing with the Securities and Exchange Commission.

Tamara Pettit, a spokeswoman for Mountaineer Casino Racetrack & Resort in Chester, said Friday that Arneault has entered into a contract agreement that expires at the end of the year.

'Mr. Arneault has advised us that after 13 years as CEO, he does not intend to enter a new employment agreement, but would remain for a reasonable period if required for a smooth transition,' according to the SEC report filed Thursday. Read more

“With the federal mediator, we'll need to be called back to the table but (MTR Gaming CEO) Ted Arneault said that we want these people back to work”

The picket lines are up at Mountaineer Casino Racetrack and Resort in Hancock County. via West Virginia Metro

The picket lines are up at Mountaineer Casino Racetrack and Resort in Hancock County. via West Virginia Metro

“Our numbers are very adamant their position right now”

Labor negotiations between Mountaineer Casino, Racetrack and Resort and UFCW Local 23 broke down late Friday and a strike is imminent, according to a union representative. via The Review

MTR Gaming Group Inc. has made a deal with a Cleveland company to revive the long-dormant sand and gravel quarry. via WTOV9

Workers at the Mountaineer Racetrack and Gaming Resort in Chester W.V., yesterday voted to authorize a strike and rejected company proposals that failed to secure living wages or affordable health care for the ... via Business Wire