MTR Gaming files for Scioto VLT license
December 20, 2011
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MTR Gaming Group Inc., which owns Scioto Downs, announced Tuesday that it has officially submitted its application with the Ohio Lottery Commission for a license to operate video lottery terminals ("VLTs") at Scioto Downs in Columbus.
"Based on our review of the matter and the Attorney General's independent evaluation as set forth in the motions to dismiss, we are confident that the current lawsuit filed in Ohio to prevent the casinos and VLTs from proceeding is meritless, and as such, we have started the process of obtaining our gaming license with the state," said Jeffrey J. Dahl, president and chief executive officer of MTR Gaming Group, Inc. "We look forward to receiving our license -- which we expect to be issued within a reasonable time frame -- and developing the Scioto Downs VLT facility, which we believe will drive significant long-term stockholder value and create hundreds of jobs in the Columbus area."