MTR GAMING GROUP SCHEDULES FOURTH QUARTER
AND YEAR-END FINANCIAL RESULTS NEWS RELEASE AND CONFERENCE
CALL
CHESTER, WV – March 8, 2005 – MTR Gaming Group,
Inc. (Nasdaq National Market:MNTG) today announced that
it will issue its financial results for the fourth quarter
and fiscal year ended December 31, 2004 on Friday, March
11, 2005 before the stock market opens. Edson R. (Ted) Arneault,
President and CEO, John W. Bittner, Jr., CFO, and David
R. Hughes, COO of the Company’s Mountaineer Park,
Inc. subsidiary, will conduct a conference call focusing
on the financial results and recent corporate developments
at 10:00 a.m. on Friday, March 11, 2005. Interested parties
may participate in the call by dialing 706-679-0882 –
please call in 10 minutes before the call is scheduled to
begin, and ask for the MTR Gaming call.
The conference call will be webcast live via the Investor
Relations section of the Company’s web site at www.mtrgaming.com.
To listen to the call please go to the web site at least
15 minutes early to register, download and install any necessary
audio software. If you are unable to listen live, the conference
call will be archived on the Company’s web site.
About MTR Gaming Group
MTR Gaming Group, Inc., through subsidiaries, owns and operates
the Mountaineer Casino Racetrack and Resort in Chester,
West Virginia; Scioto Downs in Columbus, Ohio; the Ramada
Inn and Speedway Casino in North Las Vegas, Nevada; Binion’s
Horseshoe Hotel & Casino in Las Vegas, Nevada, which
the Company operates jointly with an affiliate of Harrah’s
through March 11, 2005; and holds a license to build Presque
Isle Downs, a thoroughbred racetrack with pari-mutuel wagering
in Erie, Pennsylvania. The Company also owns a 50% interest
in the North Metro Harness Initiative, LLC, which has a
license to construct and operate a harness racetrack 30
miles north of downtown Minneapolis (request for judicial
review pending). Additionally, the Company has entered into
a definitive agreement to acquire a 90% interest in Jackson
Trotting Association, LLC, which operates Jackson Harness
Raceway in Jackson, Michigan. The Mountaineer facility,
the Company’s primary source of revenues, currently
encompasses a thoroughbred racetrack with off-track betting
and export simulcasting, 3,220 slot machines, 359 hotel
rooms, golf course, spa & fitness center, theater and
events center, convention center and fine dining and entertainment.
MTR is included on the Russell 2000® and Russell®
3000 Indexes. For more information, please visit www.mtrgaming.com.
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