MTR Gaming Group to Present at the Noble Financial M.A.D MAX Equity Conference on Monday, August 18th

MTR management will give a 23-minute presentation regarding MTR Gaming Group's market positioning, financial performance, and strategic direction. The presentation will be webcast live featuring high-definition, streaming video and PowerPoint slides. Access is available by logging on to the conference website www.noblemadmax.com or by visiting the Investor Relations / Conference Calls and Events section of the Company's website at www.mtrgaming.com. It is recommended that interested parties register at least 15 minutes prior to the start of the presentation to ensure timely access. If you are unable to listen live, the presentation will be archived on the website.

About MTR Gaming Group

MTR Gaming Group, Inc., through subsidiaries, owns and operates Mountaineer Casino, Racetrack & Resort in Chester, WV; Presque Isle Downs & Casino in Erie, PA; and Scioto Downs in Columbus, OH. The Company also owns a 90% interest in Jackson Trotting Association, LLC, which operates Jackson Harness Raceway in Jackson, MI, and a 50% interest in the North Metro Harness Initiative, LLC, which operates Running Aces Harness Park in Minneapolis, MN. For more information, please visit www.mtrgaming.com.

About Noble Financial

Noble Financial is a privately-held, full-service capital markets firm driven by what is often overlooked by other firms - uncovering the value embedded in the orphaned, undiscovered or misunderstood company. The Company focuses on converting market ineffeciencies into profit opportunities. Noble Financial supports emerging companies through strategic advice, investment banking, market-making, sales & trading, comprehensive equity research, and the development of institutional support. Noble Financial's equity conferences - 2008 marks their fourth annual - allow for a unique blend of professional and personal ianteraction among a diverse cross-section of executives. The Company has operated for 24 years and has offices in Florida, New York City and Boston.

SOURCE: MTR Gaming Group, Inc.

MTR Gaming Group, Inc. Steven D. Overly, 304-387-8558 VP, Business and Legal Affairs Soverly@mtrgaming.com www.mtrgaming.com or David Hughes, 304-479-1494 Corporate Executive VP and CFO dhughes@mtrgaming.com or Investor Relations Counsel: The Equity Group Inc. Melissa Dixon, 212-836-9613 Mdixon@equityny.com www.theequitygroup.com