Recreational Enterprises, Inc recently disclosed that they own 23.6% of MTR Gaming Group Inc (NASDAQ:MNTG) in a Schedule 13D/A disclosure that was filed with the SEC on Thursday, September 22nd. The investor owns 11,129,867 shares of the stock worth approximately $49,305,311. The reporting parties listed on the disclosure included Recreational Enterprises, Inc and Donald L Carano Family Trust. The disclosure is available through the SEC website at this hyperlink.

Recreational Enterprises, Inc provided the following explanation of their ownership:

Item 4 is hereby amended by adding to the end of Item 4 the following:
Items 3 and 6 are incorporated herein by reference.

About MTR Gaming Group

MTR Gaming Group, Inc owns and operates racetrack, gaming and hotel properties in West Virginia, Pennsylvania, and Ohio. The Company, through its subsidiaries owns and operates Mountaineer Casino, Racetrack & Resort in Chester, West Virginia; Presque Isle Downs & Casino in Erie, Pennsylvania; and Scioto Downs in Columbus, Ohio.

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