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MTR Gaming: Racetrack VLTs Still on Table

An MTR Gaming Group official said Nov. 4 passage of a casino referendum in Ohio will create new competition but also offer opportunity for racetracks in the Buckeye State. Thursday, November 05, 2009

Mountaineer Settles Birzer Lawsuit

A West Virginia racetrack has settled a lawsuit by a jockey who was paralyzed from the chest down during a racing accident in 2004. Tuesday, October 06, 2009
MEC Racetrack Sales Moving Along Slowly

MEC Racetrack Sales Moving Along Slowly

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. Wednesday, September 09, 2009

Mountaineer Reduces Workforce by 35 Employees

Mountaineer Casino, Racetrack & Resort announced Aug. 28 it has reduced its workforce by another 35 employees. Friday, August 28, 2009

MTR Finances Improve; Focus Now on Ohio

MTR Gaming Group, which cut jobs and corporate expenses in the past year, released improved financial results for the second quarter of 2009 and said it's poised for growth in Ohio, where racetrack video lottery terminals have been authorized. Thursday, August 13, 2009
Colonial Downs Owner Reports Higher Profits

Colonial Downs Owner Reports Higher Profits

The owner of Colonial Downs reported May 14 an increased first-quarter profit of $3.1 million, helped by the improved performance of its racing subsidiary. Thursday, May 14, 2009
Presque Isle Begins Meet With More Exposure

Presque Isle Begins Meet With More Exposure

Presque Isle Downs & Casino near Erie, Pa., will begin its 100-night meet May 8 with more exposure for its signal. Friday, May 08, 2009

MTR Gaming Not Looking for 'Cheap Assets'

MTR Gaming Group swung to a profit of $742,000 in the first quarter of the year, with officials vowing May 7 to continue to improve on current operations rather than seek other properties to add to the company's portfolio. Thursday, May 07, 2009
Colonial Downs Owner Hurt by MTR Gaming

Colonial Downs Owner Hurt by MTR Gaming

The owner of Colonial Downs reported it lost $4.1 million during 2008, due in part to its investment in MTR Gaming Group, it was reported March 18. Thursday, March 19, 2009
MTR Gaming Takes Shot at Ohio Casino Bid

MTR Gaming Takes Shot at Ohio Casino Bid

MTR Gaming Group on March 12 reported a $17.7 million loss for 2008, and took a shot at a new Ohio proposal to put slots in casinos. Thursday, March 12, 2009

MTR Gaming Bids Farewell to Arneault

A public changing of the guard at MTR Gaming Group Inc. was experienced Oct. 31 during a conference call with analysts and shareholders, as the company bid farewell to longtime chief Ted Arneault and welcomed his successor Robert Griffin. Friday, October 31, 2008
MEC Shares Plunge in Sept. 30 Trading

MEC Shares Plunge in Sept. 30 Trading

Shares of Magna Entertainment Corp. plummeted by more than 50% on heavier than average volume Sept. 30, prompting more concern for the owner of the site of next month's Breeder' Cup World Championships. Tuesday, September 30, 2008

Griffin Chosen to Lead MTR Gaming Group

Robert F. Griffin has been announced as the successor to Ted Arneault as president and chief executive officer of MTR Gaming Group, the company announced Sept. 23. Tuesday, September 23, 2008
ADWs Lose Presque Isle Downs Signal

ADWs Lose Presque Isle Downs Signal

Presque Isle Downs is the latest track to get caught up in the battle over revenue sharing of online and telephone wagering companies as signals to many advance deposit wagering companies were cut off May 11 due to lack of agreements with the Pennsylvania Horsemen's Benevolent and Protective Association. Monday, May 12, 2008
MTR Gaming: Poker Up, Income Down

MTR Gaming: Poker Up, Income Down

Play at poker tables in their first few weeks of operation at Mountaineer Race Track & Gaming Resort has exceeded expectations. Thursday, November 08, 2007
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. Thursday, June 28, 2007

New Pennsylvania Track to Install Tapeta Surface

Presque Isle Downs, the new Erie, Pa., track owned by MTR Gaming Group, will install Michael Dickinson's synthetic Tapeta racing surface before its inaugural Thoroughbred meet begins Sept. 1. Friday, May 11, 2007

MTR Gaming Group Launches Account-Bet Service

MTR Gaming Group has launched an online account wagering service called RacelineBet.com, which is affiliated with AmericaATB. Tuesday, May 01, 2007

New Pennsylvania Track to Have Synthetic Surface

Presque Isle Downs, the new Erie, Pa.-area racetrack that plans to open Sept. 1 for its inaugural Thoroughbred meet, will have a synthetic surface. Tuesday, April 17, 2007

Presque Isle Downs Opens for Slot-Machine Gaming

Presque Isle Downs became the fourth racino to being operating in Pennsylvania when it opened its slot-machine parlor Feb. 28. Live Thoroughbred racing is scheduled for September. Thursday, March 01, 2007

Presque Isle Plans 25 Nights for Opening Season

Presque Isle Downs, currently under construction near Erie, Pa., plans to offer 25 nights of Thoroughbred racing for its inaugural season in September 2007, track officials and horsemen said. Tuesday, December 12, 2006

Ohio VLT Ballot Measure Getting Plenty of Signatures

Supporters of video lottery terminals at Ohio's seven racetracks have collected 117,000 more signatures than needed to put the issue on the November ballot, though they must be validated. Wednesday, July 12, 2006

Ohio Groups Join Forces on VLT Ballot Question

Three groups seeking to legalize video lottery terminals at Ohio racetracks have decided to join forces rather than pursue their own ballot questions, which have generated conflict. Wednesday, May 03, 2006

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. Saturday, January 03, 2004

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. Thursday, May 22, 2003

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. Wednesday, February 26, 2003

MTR Hearing on Erie Track Slated For May

MTR Gaming Group, Inc., which owns and operates Mountaineer Race Track and Gaming Resort in Chester, West Virginia, announced Friday it has been granted a motion to expedite the appeal of its license to conduct Thoroughbred racing and parimutuel wagering in Erie, Pa. The hearing is scheduled for May. Friday, February 14, 2003

Mountaineer Parent Has Plan For Erie Track

A new subsidiary of MTR Gaming Group, owner of Mountaineer Racetrack & Gaming Resort, has applied for a license to construct a Thoroughbred racetrack in Erie, Pa. Live racing hasn't been held in Erie since the late 1980s. Thursday, June 21, 2001