MTR GAMING GROUP TO PRESENT AT THE OPPENHEIMER & CO. 8th ANNUAL CONSUMER GROWTH CONFERENCE INCORPORATING THE GAMING, LODGING & LEISURE CONFERENCE

CHESTER, WV - July 3, 2008 - MTR Gaming Group, Inc. (NasdaqGS:MNTG) today announced that management will present at the Oppenheimer & Co. 8th Annual Consumer Growth Conference incorporating the Gaming, Lodging & Leisure Conference on July 10th, 2008 at 1:15 pm EDT. The Conference is taking place at the The Four Seasons Hotel in Boston, MA.

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.

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