MTR GAMING GROUP TO PRESENT AT THE SIDOTI & COMPANY FIFTH ANNUAL PALM BEACH CONFERENCE

CHESTER, WV – January 14, 2008 – MTR Gaming Group, Inc. (NasdaqGS:MNTG) today announced that its President and Chief Executive Officer, Edson R. (Ted) Arneault, will present at the Sidoti & Company, LLC Fifth Annual Palm Beach Conference on Tuesday, January 22, 2008 at 11:35 am ET. The Conference is taking place at The Ritz-Carlton Hotel in Palm Beach, Florida. The presentation will not be webcast, however, the slides used for this presentation will be available beginning January 22, 2008, on the "Investor Relations" section of MTR's website at www.mtrgaming.com.

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.

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.
www.theequitygroup.com
Melissa Dixon (212) 836-9613
Mdixon@equityny.com
Linda Latman (212) 836-9609
LLatman@equityny.com