Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of MTR Gaming Group, Inc. Shareholders

NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of MTR Gaming Group, Inc. (“MTR Gaming” or the “Company”) (NASDAQ: MNTG) related to the proposed acquisition of the Company by the parent company of Eldorado Resorts, LLC (“Eldorado”). Under the terms of the transaction, MTR Gaming shareholders will be offered a cash election option at $5.15 per share for up to 5.8 million shares and the remaining common shares will be exchanged for shares in the combined new company.

The investigation concerns whether the MTR Gaming Board of Directors violated its fiduciary duties by agreeing to this transaction and whether the proposed consideration adequately values MTR Gaming common shares. At least one stock analyst has a price target of $7.00 per MTR Gaming share.

If you are a MTR Gaming shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.