MTR Gaming Group Launches RacelineBet.com

Business Wire, April 30, 2007

CHESTER, W.V. -- MTR Gaming Group, Inc. (NasdaqGS:MNTG) today announced that RacelineBet, Inc., a subsidiary of Scioto Downs, Inc., has launched RacelineBet.com, a national account wagering service that offers online and telephone wagering on horse races as a marketing affiliate of AmericaTab LTD. Membership is free, and is presently available to U.S. residents in 37 states. RacelineBet's schedule incorporates races from over 100 harness and thoroughbred tracks worldwide.

Members can view basic track program information, weather and track conditions, late changes, real-time odds, and exotic probable payouts. RacelineBet.com offers live video streaming, race replays and a stable alert feature so that members can follow the races. Additionally, RacelineBet.com has partnerships with data providers and handicapping software experts to offer a wide variety of handicapping information products. Members can place secure bets on a variety of tracks and their results are automatically posted to their AmericaTab account shortly after the race has been declared official.

Edson R. (Ted) Arneault, CEO of MTR Gaming Group, stated, "We are very pleased to have launched RacelineBet. We are providing customers with the enjoyment and excitement of races from their home and with all the information they need to make an informed wager. Initially, we will be marketing the service through our existing facilities, simulcast live racing and programs. Importantly, in addition to RacelineBet representing a new source of revenue for MTR, we expect it to increase awareness and handle for races at MTR tracks. We believe it is beneficial for our existing track properties and the horsemen that race at our facilities to market our tracks through AmericaTab, which handled over $234 million in 2006. We will also be offering live wireless streaming video which could reach a new generation of horse players."

About MTR Gaming Group

MTR Gaming Group, Inc., through subsidiaries, owns and operates the Mountaineer Race Track & Gaming Resort in Chester, WV; Presque Isle Downs & Casino in Erie, PA; Scioto Downs in Columbus, OH; the Ramada Inn and Speedway Casino in North Las Vegas, NV (which is under contract for sale); and Binion's Gambling Hall & Hotel in Las Vegas, NV. 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 is constructing a harness racetrack and card room 30 miles north of downtown Minneapolis. MTR is included on the Russell 2000[R] and Russell[R] 3000 Indexes. For more information, please visit www.mtrgaming.com.

Except for historical information, this press release contains forward-looking statements concerning, among other things, the future revenues to be derived from national account wagering and the features offered to customers at RacelineBet.com. Such statements are subject to a number of risks and uncertainties that could cause the statements made to be incorrect and/or for actual results to differ materially. Those risks and uncertainties include, but are not limited to, technology evolution, any legislative changes affecting the operation or profitability of national account wagering services, restrictions on RacelineBet's access to races, and other factors described in the Company's periodic reports filed with the Securities and Exchange Commission. 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.