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Home > Company Index > Leisure > Gaming Activities > MTR Gaming Group, Inc.

MTR Gaming Group, Inc.
Nasdaq: MNTG
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 NEWS FROM THE WIRES
CBOE lists three new options this week
Jul 20 2001 10:19 AM PDT

More WIRE STORIES about this company

 PROFILE
Gamblers looking for something beyond casino games can assault the summit of MTR Gaming Group. The company's flagship property, the Mountaineer Racetrack and Gaming Resort in Chester, West Virginia, includes a thoroughbred horse racing track offering pari-mutuel betting and simulcast wagering, in addition to nearly 2,000 slot machines. The complex also includes the 100-room Mountaineer Lodge offering a variety of amenities like restaurants, conference rooms, a spa, and outdoor activities like tennis and swimming. In Nevada, MTR owns and operates the Ramada Inn and Speedway Casino in North Las Vegas. It closed the Ramada Inn and Speakeasy Casino in Reno in 2001 after it posted continuous losses. Chairman and CEO Edson Arneault owns nearly 20% of MTR Gaming Group.

 COMPETITION
Magna Entertainment Corp. (MIEC)
Penn National Gaming, Inc. (PENN)
WHX Corporation (WHX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 170.60
1-Yr. Sales Growth: 50.4%
Employees: 1,400
Revenue per employee: $121,857.14

 KEY PEOPLE
• Edson R. Arneault
    CEO
• Mary Jo Needham
    CFO

 CONTACT INFO
PO Box 356, Rte. 2 South
Chester, WV 26034
US
Phone: 304-387-5712
Fax: 304-387-2167
Online: Web Site

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