MTR Gaming Group, Inc. (MNTG)
The Company owns and operates racetrack, gaming and hotel properties in West Virginia, Pennsylvania, Nevada, Ohio, Michigan and Minnesota.
Recs
EzMoney1983
(< 20)
Submitted: 3/20/2008 5:01:08 PM :
Start Price:
$6.72
MNTG Score:
-62.98
Look for this strugging company to get back on their feet in 2008. No longer distracted by whats going on in nevada they will focus on efforts to increase their state rev in west va. Look for more and more $ from the tables games to increase over the summer months.
Recs
vkrish98
(86.57)
Submitted: 10/28/2007 5:46:37 PM :
Start Price:
$8.81
MNTG Score:
-57.76
the casino business will boom in the next yr.
Recs
racetracker
(39.68)
Submitted: 6/6/2007 11:15:30 AM :
Start Price:
$15.63
MNTG Score:
-67.13
MTR Gaming shouold contginue to grow as the Pennsylvania operations of the slots and racetrack earnings come into play. While they need to continue to try and stabelize the operations at Mountaineer I am bulish that they will get table games and this should help improve the revenues and bottom lime of their West VA. operations. Other than that they need to keep working at improving the casino in Nevada and try to get additonal gaming at their other tracks.
Recs
custom93
(48.74)
Submitted: 5/17/2007 12:14:02 AM :
Start Price:
$15.26
MNTG Score:
-67.37
new casino "expensed"; revenues not booked. erie, pa has no competition from cleveland to jamestown, ny, to pgh. mgmt tried to buy last year; board said "no"--too valuable!
Recs
csmith201
(98.84)
Submitted: 4/20/2007 1:42:42 PM :
Start Price:
$16.37
MNTG Score:
-69.83
West Virginia gaming company that has racetracks with slots that have just been approved for 2 more hours per day on weekends....June 9,2007 vote to allow tables..increase in revenue
Recs
sleepyseth
(97.95)
Submitted: 11/6/2006 12:23:55 PM :
Start Price:
$10.77
MNTG Score:
-70.80
This company should benefit from lower oil prices in the future. They have a wide collection of quality properties spaced across the country and they should see a significant rise in their business, due to an increase in travel. I was a little disapointed that they could not better capitalize on the popularity of No Limit Hold'Em poker, when they hosted the tour at their Binion's property in Las
Vegas at the beginning of Poker's popularity. This company looks poised to break out of its trading range of 6-12 that it has had for the past 4 years. Even after its recent runup, it is a prime aquisition or LBO target.
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