MTR and Eldorado Amend Merger Agreement to Deliver Greater Value To MTR Stockholders

CHESTER, W.Va.--(BUSINESS WIRE)--MTR Gaming Group, Inc. (NasdaqGS:MNTG) (“MTR”) and Eldorado HoldCo LLC (“Eldorado”) announced today that they have amended the previously announced merger agreement (the “Merger Agreement”) between the two companies to deliver greater cash consideration to MTR stockholders and to increase the pro forma ownership of the combined company by MTR stockholders. MTR’s Board of Directors has unanimously approved the amended Merger Agreement.