MTR Gaming Group, Inc. Announces Receipt of Requisite Consents

CHESTER, W. Va.--(BUSINESS WIRE)--MTR Gaming Group, Inc. (NasdaqGS:MNTG) (the “Company”) announced today that its previously announced consent solicitation (the “Consent Solicitation”) with respect to proposed amendments to the indenture (the “Indenture”) governing the Company’s 11.50% Senior Secured Second Lien Notes due 2019 (CUSIP No. 553796 AL4) (the “Notes”), of which $570,664,114 in aggregate principal amount is outstanding, expired at 5:00 p.m., New York City time, on January 8, 2014 (the “Expiration Time”). As of the Expiration Time, $293,509,335 in principal amount of the Notes validly delivered a duly executed consent for the proposed amendments. Accordingly, the consents received exceed the number needed to approve the proposed amendments to the Indenture.