MNTG completes promised payment of $50MJune 10, 2013 8:07 PM by Ray Poirier
When Scioto Downs in Columbus, Ohio, became the first racino in that state, the property’s owner, MTR Gaming Group Inc. (MNTG), promised to pay the state a $50 million license fee. Half that amount was paid initially when the racino opened on June 1, 2012.
Last week, the company announced it had paid another $25 million, thus completing its total commitment for the slots facility.
Dennis Berg, the director of the Ohio Lottery that oversees the gambling, called Scioto Downs a good partner.
“We’re grateful for Scioto Downs professional and proactive operations,” he said.
Ray Poirier is the longtime executive editor at GamingToday.
Contact Ray at RayPoirier@GamingToday.com.
In a Thursday morning ruling, Judge Richard Berman’s ruling is a huge defeat for the NFL and commissioner Roger Goodell, who handed down a four game suspension to the New England Patriots quarterback.
NFL Previews | This is the 25th of 32 pro football preseason previews leading up to the NFL football season opener Thursday, September 10. On deck, Baltimore Ravens.
The Washington Nationals look to keep their fading playoff hopes alive when they host the Atlanta Braves in the opener of a four-game series. The Nats and Jordan Zimmerman are favored over the Braves and rookie Matt Wisler. The total is 8.
Macau casino revenues plunged 35.5 percent during August compared to the same month a year ago. August was the 15th month in a row of double digit decreases, a slide that began with the Beijing government’s crackdown on corruption.
NFL Previews | This is the 24th of 32 pro football preseason previews leading up to the NFL football season opener Thursday, September 10. On deck, Atlanta Falcons.