MTR Gaming Group, Inc.
News and overview for MTR Gaming Group, Inc.
MTR Gaming Group Announces Third Quarter Results [Press Release]
Business Wire | 18 days 6 hours 29 minutes ago
MTR Gaming Group, Inc. (NasdaqGS: MNTG) today announced financial results for the third quarter and nine months ended September 30, 2009. Current and prior-year results reflect the presentation of Running Aces Harness Park, Jackson Harness Raceway, the Ramada Inn and Speedway Casino and Binion’s Gambling Hall & Hotel as discontinued operations. See attached tables (including Reconciliation of GAAP net income (loss) to Non-GAAP EBITDA).
MTR Gaming Group Files Shelf Registration Statement [Press Release]
Business Wire | 5 days 10 hours 29 minutes ago
MTR Gaming Group, Inc. (NasdaqGS: MNTG) (the “Company”) today announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission. MTR does not have any immediate plans or current commitments to sell securities under the registration statement. The shelf registration statement, when declared effective by the Securities and Exchange Commission, will provide MTR the flexibility to offer and sell from time to time in the future, in one or more publi...
MTR Gaming Group to Report Third Quarter 2009 Results on Thursday, November 5 [Press Release]
Business Wire | 41 days 16 hours 23 minutes ago
MTR Gaming Group, Inc. (NasdaqGS: MNTG) today announced that it will issue its financial results for the third quarter and nine months ended September 30, 2009 on Thursday, November 5, 2009 after the stock market closes.
MTR Gaming Group Announces Completion of Senior Secured Notes Offering [Press Release]
Business Wire | 40 days 11 hours 58 minutes ago
MTR Gaming Group, Inc. (NasdaqGS: MNTG) (the “Company”) announced today that it has successfully completed its previously announced offering of $10 million in aggregate principal amount of 12.625% senior secured notes due 2014 (the “Additional Notes”) at an issue price equal to 96.000% of the principal amount of the Additional Notes. The offering was made in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities ...
/C O R R E C T I O N -- Sidoti & Company LLC/ [Press Release]
PRNewswire | 31 days 7 hours 26 minutes ago
In the news release, Sidoti & Company LLC Continues to Evolve and Grow, issued 22-Oct-2009 by Sidoti & Company LLC over PR Newswire, we are advised by the company that the release was truncated and should include a list of presenting companies, rather than ending after the third paragraph, as originally issued inadvertently. The complete, corrected release follows:
MTR Gaming Group offering $10 million in notes
CNBC | 45 days 14 hours 15 minutes ago
CHESTER, W.Va. - Horse racing track and casino operator MTR Gaming Group Inc. said Thursday it is offering $10 million in senior notes.
West Virginia Racetrack Settles Lawsuit with Paralyzed Jockey
Insurance Journal | 45 days 15 hours 19 minutes ago
MTR Gaming Group Inc. has settled a 3-year-old lawsuit by a jockey who was paralyzed from the chest down in a West Virginia racing accident. Gary Birzer sued MTR and Mountaineer Casino, Racetrack & Resort in Chester, arguing they failed to repair soft spots and holes, and allowed an unhealthy horse to run.
BRIEF-MTR Gaming prices senior secured notes
Forbes | 45 days 14 hours 58 minutes ago
Oct 8 (Reuters) - MTR Gaming Group Inc: * Announces pricing of senior secured notes Article Controlsemail
Ohio Ponders a Future With Casinos
Wall Street Journal, The | 18 days 4 hours 47 minutes ago
Associated Press COLUMBUS, Ohio -- Developers of four new Ohio casinos laid their plans following voters' approval of casino gambling, even as opponents vowed to stymie their efforts and surrounding states braced for economic losses.
Casino Bid in Recession-Battered Ohio
Wall Street Journal, The | 21 days 3 hours 49 minutes ago
Ohio voters on Tuesday will decide whether the recession is a powerful enough force to bring casino gambling to their state. Among the forces arrayed against it: casino and racetrack operators that wouldn't benefit.
NOVEMBER 2, 2009 Casino Bid in Recession-Battered Ohio
Barron's (subscription required) | 21 days 2 hours 35 minutes ago
Ohio voters on Tuesday will decide whether the recession is a powerful enough force to bring casino gambling to their state. Among the forces arrayed against it: casino and racetrack operators that wouldn't benefit.
Stocks on the move: Cigna, DaVita, Pulte, Garmin, RehabCare
Oakland Tribune (Calif.), The | 18 days 10 hours 20 minutes ago
By Lu Wang BLOOMBERG NEWS Shares of the following companies are having unusual moves in U.S. trading this morning.
'Cops for Casinos' Web Site Will Act as Truth Squad in Support of State Issue 3 [Press Release]
PRNewswire | 89 days 11 hours 59 minutes ago
COLUMBUS, Ohio, Aug. 25 /PRNewswire/ -- The Cops for Casinos coalition, comprised of law enforcement personnel supporting State Issue 3, today unveiled a new web site -
Casinos retain lead with voters
Cincinnati Enquirer, The | 28 days 10 hours 50 minutes ago
Despite an increasingly contentious campaign, the lead for the casino issue on next week's statewide ballot has dropped only slightly and stands at 18 points, a new poll for Ohio's major newspapers shows.
Issue 3's fate could hinge on turnout
Plain Dealer (Cleveland), The | 28 days 20 hours 12 minutes ago
The casino issue on next week's statewide ballot still has solid support among voters, a new poll for Ohio's major newspapers shows.
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Company Overview
| Company: | MTR Gaming Group, Inc. |
|---|---|
| Industry: | Gambling Resorts & Casinos |
| Website: | http://www.mtrgaming.com |
Gamblers looking beyond casino games can climb the summit of MTR Gaming Group. MTR's Mountaineer Racetrack and Gaming Resort in West Virginia includes horse racing and wagering, in addition to some 3,200 slot machines, 40 poker tables, and some 50 additional table games. The complex boasts a convention center and a 360-room hotel that offers amenities such as restaurants, a spa and salon, a retail plaza, and indoor and outdoor swimming pools. MTR also owns Scioto Downs in Ohio; 90% of Jackson Harness Raceway in Michigan; and the Presque Isle Downs & Casino in Pennsylvania, which opened in 2007. The company in 2008 built a race track in Minnesota through its 50%-owned affiliate, North Metro Harness Initiative.
Key Numbers
| Sales in U.S. Dollars (mil.) | 478.8 (2008) |
|---|---|
| One-year % Growth in Sales | 11.4 (2008) |
| Net Income in U.S. Dollars (mil.) | -17.7 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 2,900 (2008) |
| One-year % Growth in Number of Employees | -12.1 (2008) |
| Fiscal Year-End | December |