Mountaineer Race Track Gaming Resort

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Track Owner Boosts Stake in MTR Gaming

Track Owner Boosts Stake in MTR Gaming

Jacobs Entertainment Inc. and its affiliates have recently increased their overall stake in MTR Gaming Group, a move that follows a January announcement that the owner of Colonial Downs was shifting its focus towards facilities that feature multiple forms of gaming.

New Simulcast Area, Poker Room Open at Mountaineer

New Simulcast Area, Poker Room Open at Mountaineer

A new poker room and simulcast facility are open in the grandstand at Mountaineer Race Track & Gaming Resort, which earlier this year received state and county approval to add table games to its thousands of video lottery terminals.

Mountaineer Gets OK To Be Full-Scale Casino

Mountaineer Gets OK To Be Full-Scale Casino

Voters in a local referendum June 30 approved the addition of table games at Mountaineer Race Track & Gaming Resort, giving management and horsemen hope the new offerings will boost business at the West Virginia facility and perhaps increase interest in the live racing product.

Gaming Vote Key to Mountaineer Expansion

Gaming Vote Key to Mountaineer Expansion

The company that owns Mountaineer Race Track & Gaming Resort is attempting to focus on its core holdings, and on June 30 will find out whether it can add table games at the West Virginia facility.

West Virginia Senate OKs Racetrack Table Games Bill

The West Virginia Senate March 6 voted to legalize table games at the state's horse and dog racing tracks. The bill, which already passed the House of Delegates, must return there for concurrence.

West Virginia Senate to Vote on Table Games

The West Virginia Senate is schedule to vote on legislation to authorize table games at the state's four tracks, including Charles Town Races & Slots and Mountaineer Race Track & Gaming Resort.

Good Chance 'Bull' Will Opt for Jersey Shore

Trainer Kiaran McLaughlin said there's a "90% chance" West Point Thoroughbreds' Flashy Bull would compete in the $1-million Haskell Invitational (gr. I) at Monmouth Park instead of the $750,000 West Virginia Derby (gr. III) at Mountaineer Race Track & Gaming Resort. Both races at 1 1/8 miles are scheduled for Aug. 6.

Even With 'Smarty Slots,' Challenges Continue for Racetracks

Even With 'Smarty Slots,' Challenges Continue for Racetracks

It has been almost two years since Smarty Jones won the Kentucky Derby (gr. I) and slot machines were legalized in Pennsylvania. And while the horse has begun his career at stud, racetracks are still waiting for slots and may encounter some challenges when they finally get them.

Even With 'Smarty Slots,' Challenges Continue for Racetracks

It has been almost two years since Smarty Jones won the Kentucky Derby (gr. I) and slot machines were legalized in Pennsylvania. And while the horse has begun his career at stud, racetracks are still waiting for slots and may encounter some challenges when they finally get them.

Bill Would Reorganize West Virginia Racing Commission

Legislation that would expand the West Virginia Racing Commission from three to five members and create the oversight position of a director of racing appointed by the governor has been introduced in the House of Delegates and sent to the House Committee on Government Organization.

Bills: Vote on Table Games, Ban on Account Bets

West Virginia lawmakers are considering two bills--one that would prohibit account wagering, and another that would authorize county referendums on the addition of casino-style games at Thoroughbred and Greyhound racetracks.

West Virginia Table-Games Bill Altered

Legislation endorsed by the West Virginia Senate Judiciary Committee would allow casino-style table games at the four racetracks in the state, but the panel also doubled the state tax on the games from 12% to 24%.

Mountaineer Deal Calls for Hike in Minimum Claiming Price

After a few years of contractual disputes, Mountaineer Race Track & Gaming Resort and the Mountaineer Horsemen's Benevolent and Protective Association have agreed on a three-year contract that calls for increases in live racing dates and a hike in the minimum claiming price at the West Virginia track.

Stall Rental Fees Complicate Mountaineer Negotiations

Thoroughbred racing at Mountaineer Race Track & Gaming Resort is on hold until at least Jan. 19 while track officials try to reach a new five-year contract with the Mountaineer Horsemen's Benevolent and Protective Association. Meanwhile, the track has offered to keep its stable are open with certain conditions, but the HBPA has balked.

Pennsy Governor Says Tracks Must Be Protected

Pennsylvania Gov. Ed Rendell isn't against having slot machines at locations other than racetracks, but he said if that's the case, it's imperative the tracks and the horse racing industry be protected.

Opinions Vary on Prospects for Racino Legislation

The signs point to progress in Kentucky in terms of a bid for racetrack gaming in 2004, while in Pennsylvania, the horse industry is slowing the prospects for passage of legislation, officials said Nov. 11 during a panel discussion at Racino 2003 at Mountaineer Race Track & Gaming Resort.

Pennsylvania Governor to Speak at Racino Conference

Pennsylvania Governor to Speak at Racino Conference

Pennsylvania Gov. Ed Rendell, whose 2002 campaign platform included an endorsement for racetrack gaming, will issue a "major policy speech" Nov. 12 at the closing session of Racino 2003 at Mountaineer Race Track & Gaming Resort in West Virginia.

Officials: Sale of Scioto to MTR Gaming a Go

Officials with Scioto Downs in Columbus, Ohio, said May 22 all systems are go on its purchase by MTR Gaming Group, owner of Mountaineer Race Track & Gaming Resort in West Virginia.

Ohio Panel Conditionally Approves Racetrack Sale

The Ohio Racing Commission has conditionally approved the sale of Scioto Downs, a Columbus Standardbred track, to MTR Gaming, owner of Mountaineer Race Track & Gaming Resort in West Virginia.

Mountaineer Parent Seeks Money for Expansion

MTR Gaming Group, owner of Mountaineer Race Track and Gaming Resort in West Virginia, is pursuing the issuance of $130 million in senior notes through a private placement, business wires reported Feb. 26. The money for be used for several projects, including development of a track in Pennsylvania.

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