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Mountaineer Park Enters Agreements Clerks, Horsemen

CHESTER, West Virginia -- (Press Release) -- MTR Gaming Group, Inc. (Nasdaq National Market:MNTG) announced that its wholly owned subsidiary, Mountaineer Park, Inc., reached a new, five-year agreement with the union representing its pari-mutuel clerks, and a new, three-year agreement with the Horsemen's Benevolent and Protective Association governing live racing and simulcasting.

Live racing will continue as planned on the next scheduled racing date, January 19, 2004, and import simulcasting recommenced on Sunday, January 11.

The Company reiterated that the negotiations did not interfere with Mountaineer's slot operations.

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