MTR GAMING GROUP TO PRESENT AT CIBC WORLD MARKETS GAMING, LODGING & LEISURE CONFERENCE ON JULY 12

CHESTER, WV – July 9, 2007– MTR Gaming Group, Inc. (NasdaqGS:MNTG) today announced that Management, will present at the CIBC World Markets Gaming, Lodging & Leisure Conference on Thursday, July 12, 2007 at 3:00 pm ET.  The Conference is taking place at the Four Seasons Hotel in Boston.

The audio presentation and slides will be webcast live via the Investor Relations / Conference Calls and Events section of the Company’s website at www.mtrgaming.com.  If you are unable to listen live, the presentation will be archived on the website.

About MTR Gaming Group
MTR Gaming Group, Inc., through subsidiaries, owns and operates the Mountaineer Casino Racetrack and Resort in Chester, WV; Presque Isle Downs & Casino in Erie, PA; Scioto Downs in Columbus, OH; the Ramada Inn and Speedway Casino in North Las Vegas, NV; and Binion's Gambling Hall & Hotel in Las Vegas, NV. The Company also owns a 90% interest in Jackson Trotting Association, LLC, which operates Jackson Harness Raceway in Jackson, MI, and a 50% interest in the North Metro Harness Initiative, LLC, which has a license to operate a harness racetrack 30 miles north of downtown Minneapolis. MTR is included on the Russell 2000© and Russell© 3000 Indexes. For more information, please visit www.mtrgaming.com.

Except for historical information, this press release contains forward-looking statements concerning the sale of Binion's Gambling Hall & Hotel. Such statements are based on the Company's current plans and expectations. Such statements are subject to a number of risks and uncertainties that could cause the statements made to be incorrect and/or for actual results to differ materially. Those risks and uncertainties include but are not limited to, satisfaction of customary closing conditions, including, but not limited to, regulatory approvals, and the parties' compliance with the terms of the definitive agreement. The Company does not intend to update publicly any forward-looking statements, except as may be required by law. The cautionary advice in this paragraph is permitted by the Private Securities Litigation Reform Act of 1995.

For Additional Information, Please Contact:

MTR Gaming Group, Inc.
www.mtrgaming.com
Steven D. Overly, VP, Business and Legal Affairs
(304) 387-8558
soverly@mtrgaming.com

Investor Relations Counsel:
The Equity Group Inc.
Loren G. Mortman
212-836-9604
LMortman@equityny.com
www.theequitygroup.com