CHESTER, W.V., July 25, 2008 (PRIME NEWSWIRE) -- MTR Gaming Group, Inc. (Nasdaq:MNTG) today announced that it will issue its financial results for the second quarter ended June 30, 2008 on Wednesday, July 30, 2008 before the stock market opens.

Management will conduct a conference call focusing on the financial results and recent corporate developments at 9:00 a.m. EDT on Wednesday, July 30, 2008. Interested parties may participate in the call by dialing (706) 679-0882. Please call in 10 minutes before the call is scheduled to begin and ask for the MTR Gaming call (conference ID no. 57351968).

The conference call will be webcast live via the Investor Relations section of the Company's website at www.mtrgaming.com. To listen to the live webcast please go to the website at least 15 minutes early to register, download and install any necessary audio software. If you are unable to listen live, conference call will be archived on the Investor Relations section of the Company's web site.

About MTR Gaming Group

MTR Gaming Group, Inc., through subsidiaries, owns and operates Mountaineer Casino, Racetrack & Resort in Chester, WV; Presque Isle Downs & Casino in Erie, PA; and Scioto Downs in Columbus, OH. The Company also owns a 90% interest in Jackson Trotting Association, LLC, which operates Jackson Harness Raceway in Jackson, MI, and a 50% interest in the North Metro Harness Initiative, LLC, which operates Running Aces Harness Park in Minneapolis, MN. For more information, please visit www.mtrgaming.com.

Except for historical information, this press release contains forward-looking statements. The Company does not intend to update publicly any forward-looking statements, except as may be required by law. The cautionary advice in this paragraph is permitted by the Private Securities Litigation Reform Act of 1995.

CONTACT: MTR Gaming Group, Inc.
         David Hughes, CFO
           (304) 387-8114
           Dhughes@mtrgaming.com
         Steven Overly, VP, Business and Legal Affairs
           (304) 387-8558
           Soverly@mtrgaming.com
         Aimee Vickers, Assistant Director, Investor Relations
           (304) 387-8313
           Avickers@mtrgaming.com
         www.mtrgaming.com
         
         Investor Relations Counsel:
         The Equity Group Inc.
         Melissa Dixon
         (212) 836-9613
         Mdixon@equityny.com
         www.theequitygroup.com