Gaming Officials Predict Racetracks in Pennsylvania, West Virginia to Have a Strong Summer

Summary


MORGANTOWN - With a new synthetic track, fat purses for horse races and 13 miles of lakefront beaches a two-hour drive from millions, the summer is looking "really, really good" for Pennsylvania's Presque Isle Downs & Casino, its owner says.

Drivers weary of high fuel prices and looking for one-stop entertainment destinations also will likely consider MTR Gaming Group Inc.'s other key property, Mountaineer Casino, Racetrack & Resort in Chester, says President and CEO Ted Arneault.

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Gaming Officials Predict Racetracks in Pennsylvania, West Virginia to Have a Strong Summer

Though revenues for the first quarter were up, MTR reported a net loss of $2.6 million Monday, or 10 cen...

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