Binion sale set to close

3 March 2008

CHESTER, West Virginia (PRESS RELEASE) -- MTR Gaming Group, Inc. (NasdaqGS:MNTG - News) today announced that it and TLC Casino Enterprises have agreed to close the sale of Binion's Gambling Hall & Hotel on or before March 7, 2008.

The previously agreed upon price of $32 million in cash was subject to certain adjustments, and, due to current market conditions, both parties have agreed to a $3 million working capital adjustment, which will remain in Binion's upon closing.

< Gaming News

CASINO CITY NETWORK: Casino City | Online Casino City | Casino City TV | iGaming News | Poker Zone | Casino City Press | Casino Vendors

Casino City is an independent directory and information service free of any gaming operator's control. Warning: You must ensure you meet all age and other regulatory requirements before entering a Casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. YOU are responsible for determining if it is legal for YOU to play any particular games or place any particular wager.

Terms of Use | Privacy Policy Copyright © 2002-2025 Casino City, Inc. or its affiliates.