MTR Gaming Group, Inc. owns and operates racetrack, gaming and hotel properties in West Virginia, Pennsylvania and Ohio. The Company, through its wholly owned subsidiaries, owns and operates The Mountaineer Casino, Racetrack & Resort in Chester, West Virginia; Presque Isle Downs & Casino in Erie, Pennsylvania, and Scioto Downs in Columbus, Ohio. The Company also owns a 50% interest in North Metro Harness Initiative, LLC, which operates Running Aces Harness Park in Anoka County, Minnesota, and a 90% interest in Jackson Trotting Association, LLC. During the year ended December 31, 2008, the Company sold two properties located in Las Vegas, Nevada, Binion's Gambling Hall & Hotel and Ramada Inn and Speedway Casino, which it owned and operated through wholly owned subsidiaries. Also during 2008, it ceased the operations of racing and simulcast wagering at Jackson Harness Raceway that operated on land leased in Jackson, Michigan, for which a wholly owned subsidiary held a 90% interest.
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