MNTG completes promised payment of $50M

Jun 10, 2013 8:07 PM

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 [email protected].

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