Mtr Gaming Group

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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.

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.

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.

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.

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.

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.

Mountaineer Parent Seeks Money for Expansion

  • News

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.

MTR Hearing on Erie Track Slated For May

  • News

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.

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.

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