With strong assistance from its video lottery terminal operation at Scioto Downs in Ohio, MTR Gaming Group greatly reduced its net loss for the first quarter of 2013 compared with the same period in 2012.
Thursday, May 09, 2013MTR Gaming Group reported a 14.5% improvement in revenue in 2012 despite an increase in competition from other casinos, the company reported March 7 in its latest earnings report.
Friday, March 08, 2013
Multiple grade I stakes winner Groupie Doll, who got a freshening in the spring and summer, is among the 12 fillies and mares entered in the Presque Isle Downs Masters Stakes (gr. II) at Presque Isle Downs & Casino Sept. 8.
Wednesday, September 05, 2012
Hollywood Casino at Penn National Race Course is the first of three Pennsylvania Thoroughbred tracks to require administration of race-day furosemide by third-party veterinarians.
Monday, July 16, 2012
Presque Isle Downs & Casino now has 668 stalls after building two 48-stall barns in advance of its 2012 meet, officials said April 17.
Wednesday, April 18, 2012MTR Gaming Group reported solid growth in net revenue for the fourth quarter of 2011 but a net loss for the quarter and the year.
Friday, March 09, 2012Thoroughbred racetracks in Pennsylvania are scheduled to offer a combined 504 live racing days in 2012.
Thursday, January 05, 2012MTR Gaming Group, which recently received approval to refinance its debt, reported net income of $2.3 million for the second quarter of 2011. For the same three months in 2010, the company posted a net loss of $500,000.
Friday, August 05, 2011MTR Gaming Group registered a 4.33% decline in net revenue in 2010, but the company also reduced total operating expenses by 10.48% on the year, according to a financial report for 2010.
Friday, March 11, 2011
Two executives have resigned their positions at MTR Gaming Group, which owns and operates Mountaineer Casino, Racetrack & Resort in West Virginia and Presque Isle Downs in Pennsylvania.
Thursday, September 30, 2010MTR Gaming Group indicated Aug. 9 it could spend up to $100 million to construct a video lottery terminal casino at Scioto Downs south of Columbus, Ohio.
Tuesday, August 10, 2010
Informed Decision, the 2009 Eclipse Award winner as top female sprinter, won her first race beyond seven furlongs, and first around two turns, July 27 in the $100,000 Windward Stakes at Presque Isle Downs & Casino.
Wednesday, July 28, 2010
MTR Gaming Group reported a net loss of $3.3 million for the first quarter of 2010 versus net income of $752,000 for the same period in 2009.
Tuesday, May 11, 2010MTR 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, 2009The Pennsylvania Horse Breeders Association has released a 2009 stakes schedule of 27 events worth a total of $2.375 million.
Tuesday, March 31, 2009The parent company of Mountaineer Casino, Racetrack & Resort in West Virginia announced Dec. 4 it has ceased operations at Jackson Harness Raceway, a Michigan facility it purchased in 2005.
Thursday, December 04, 2008The Pennsylvania Horsemen's Benevolent and Protective Association has reached an agreement with the Jockeys' Guild and Jockeys at Penn National Inc. to increase the minimum losing mount fee to $75 for all finishes below third-place.
Wednesday, August 20, 2008
David Frizzell of Pendleton, Ind., was named racing secretary for the second race meet at Presque Isle Downs & Casino near Erie, Pa.
Tuesday, April 01, 2008Two Thoroughbred tracks owned by MTR Gaming Group have scheduled 332 racing dates for 2008.
Wednesday, December 05, 2007