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November 9, 2009

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Hancock track rakes in $690,700 from out-of-state bettors

Monday, Aug. 14, 2000 | 1:57 a.m.

Mountaineer, located in Chester, began simulcasting races by satellite to tracks and off-track betting facilities around the country Friday night.

Gamblers at 68 out-of-state outlets bet $151,000 on Friday's races. Saturday's races, which included the West Virginia Derby and other stakes races, raked in $380,500 from 72 outlets. On Sunday, gamblers at 122 outlets bet $239,200, Mountaineer officials said Monday.

"Export simulcasting represents a new source of revenue for Mountaineer and is our best chance for improving the financial performance of our racing operations," said Ted Arneault, president and CEO of MTR Gaming Group, the track's owner.

"Equally important, export simulcasting provides a three- to four-hour opportunity for us to market Mountaineer and our Nevada properties to racing fans across the country."

In addition to Mountaineer, MTR Gaming owns the Ramada Inn and Speedway Casino in North Las Vegas and the Ramada Inn and Speakeasy Casino in Reno, Nevada.

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