Mtr Shows Details of Deal in Las Vegas

Summary


LAS VEGAS - MTR Gaming Group Inc. will pay Harrah's Entertainment another $5 million if the company reaches certain financial milestones while running Binion's Horseshoe Hotel & Casino.

West Virginia-based MTR disclosed the financial terms of its deal to buy the downtown Las Vegas property from Harrah's in Securities and Exchange Commission documents filed Monday.

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Extract


Mtr Shows Details of Deal in Las Vegas

MTR owns Binion's Horseshoe through a subsidiary called Speakeasy Gaming of Fremo...

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