DiVecchios final days Nov 5, 2009
Within days of his inauguration, DiVecchio went against his previous position and said he would consider giving a public subsidy to MTR Gaming Group Inc.'s casino and horse racing track. Later he said he misspoke. (Erie Times-News, PA)
Ohio casinos will mean local competition Nov 5, 2009
More affected than the southwestern Pennsylvania casinos, however, is MTR Gaming Group, the West Virginia-based firm that owns Mountaineer Casino Racetrack & Resort in Chester; Presque Isle Downs, an Erie County racetrack-casino just over an hour from Cleveland; and Scioto Downs, a Columbus harness track still denied the right to have slot machines or table games ... Robert Griffin, MTR Gaming Group president and chief executive officer, said the company will be in better position if the Ohio... (Pittsburgh Post-Gazette, PA)
W.Va. racetrack settles case with paralyzed jockey Oct 7, 2009
Gary Birzer sued MTR Gaming Group Inc. and Mountaineer Casino, Racetrack & Resort in Chester. Birzer claimed they failed to repair soft spots and holes and allowed an unhealthy horse to run. (FindLaw News)
When dealing's done Sep 22, 2009
A representative from MTR Gaming Group Inc., Presque Isle Downs' parent company, is expected to testify Wednesday in Harrisburg on the table games issue before the Senate Community, Economic and Recreational Development Committee. State Sen. (Erie Times-News, PA)
MTR Gaming Posts Small Second-Quarter Profit Aug 13, 2009
Casino operator MTR Gaming Group Inc. reported a second-quarter profit of $352,000, or 1 cent per share, and said Wednesday that cost-containment efforts helped boost pretax earnings by about 10 percent. The gain for the quarter ended June 30 compares with a loss of $2. (ABC News -- Wire)
MTR Gaming Group Announces Second Quarter Results: EBITDA from Continuing Operations up 10% and EPS from Continuing Operations of $0.03 Per Diluted Share Aug 13, 2009
MTR Gaming Group Announces Second Quarter Results: EBITDA from Continuing Operations up 10% and EPS from Continuing Operations of $0 ... MTR Gaming Group Announces Second Quarter Results: EBITDA from Continuing Operations up 10% and EPS from Continuing Operations of $0 ... Source: MTR Gaming Group, Inc.. (Yahoo! Wire -- Entertainment News)
MTR Gaming Group Announces Pricing of Senior Secured Notes Offering Jul 25, 2009
Source: MTR Gaming Group, Inc. ... --(BUSINESS WIRE)--MTR Gaming Group,Inc ... MTR Gaming Group,Inc. (Yahoo! Wire -- Entertainment News)
A far cry from Foxwoods, but these no-frills casinos pay big Mar 15, 2009
A wide variety of gaming interests bid on the Pennsylvania licenses, including tribes like the Connecticut-based Mashantucket Pequots who operate Foxwoods; large Las Vegas-based casino conglomerates like Las Vegas Sands; and smaller gambling companies like MTR Gaming Group. Most of the locations in Pennsylvania have drawn little outcry, in part because most have been located at racetracks, far from neighborhoods and in areas already accustomed to gambling and the traffic. (Boston Globe)
Click here to watch AP Video. $30K turns into hot topic Mar 7, 2009
Scott is claiming the authority pursued what it considered a better idea -- MTR Gaming Group Inc.'s proposal to build a hotel and convention center as part of MTR's proposed horse racing track and casino on the site of the former International Paper Co. plant on East Lake Road. Rubino's Tecnica Development was the local agent for MTR, which ultimately built Presque Isle Downs o in Summit Township in 2007. (Erie Times-News, PA)
Bankruptcy looms for track operator Magna Feb 21, 2009
Casino companies with racing interests, such as Penn National Gaming, Delaware North, and MTR Gaming Group, might also be interested in several of the tracks, but most casino companies have fallen on hard times and are struggling to finance current projects. Halsey Minor, the Internet entrepreneur and horse owner who has had discussions with the owner of Hialeah Park about a possible sale, may also be a candidate. (ESPN -- Horse Racing)
Before the betting Feb 8, 2009
MTR Gaming Group CEO Ted Arneault(left) shakes hands with Governor Ed Rendell(right) as Greg Rubino looks on ... As MTR Gaming Group Inc. was developing Presque Isle Downs o in Summit Township, the company ran into a problem. (Erie Times-News, PA)
