MTR Gaming Group Implements Mobile Wagering Capability At Racetracks
CHESTER, W.Va., June 10, 2013 /PRNewswire/ -- MTR Gaming Group, Inc. (NasdaqGS: MNTG) announced today the recent implementation of a mobile wagering application that will allow its customers to place bets using their smartphones and iPads.
Now that smartphones and smart devices are prevalent in society many businesses and companies are looking for ways to accommodate and benefit from this hi tech advancement.
The horse racing industry is no different.
"Our team saw an opportunity to provide a better service and user experience for our customers," said Joseph L. Billhimer, MTR Gaming Group Inc. Acting President and Chief Operating Officer. "More customers have smartphones these days and this technology allows us to provide those people with a simple and secure way to place a bet without them having to leave their seats."
The mobile gambling platform will allow racetrack customers who sign-up for an account to bet on live or simulcast racing while they are on property in specific areas of the track facility.
The technology has been installed at MTR Gaming Group's three regional race tracks including: Presque Isle Downs & Casino, Erie, PA, Scioto Downs Racino, Columbus, OH, and the Mountaineer Casino, Racetrack & Resort, Chester, WV.
It is believed that by allowing mobile gambling at the racetracks it will attract a new generation of younger, technologically savvy patrons to horseracing.
"Younger folks spend more time on smartphones than older folks," said Fred Buro, MTR Gaming Group Vice President and Chief Marketing Officer. "They use them less for talking and more for communicating with the entire world - across multiple online channels and networks. It stands to reason that if an industry hopes to appeal to a younger demographic, it needs to communicate with them on devices they prefer and in the case of racing technology, on platforms they can relate to."
The mobile wagering technology will allow customers to bet on most races in the nation while on property. The transactions take place over a secure wi-fi network. To sign-up for an account individuals must be 18-years-old and provide legal identification.
"It's the simplest thing in the world," said Rosemary Williams, MTR Gaming Group Corporate Director of Racing. "Mobile betting is the ultimate convenience and we are very excited about it."
About MTR Gaming Group
MTR Gaming Group, Inc. is a hospitality and gaming company that through 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. For more information, please visit www.mtrgaming.com.
Except for historical information, this press release may contain forward-looking statements. Such statements are subject to a number of risks and uncertainties that could cause the statements made to be incorrect. Those risks and uncertainties include factors described in the Company's periodic reports filed with the Securities and Exchange Commission. The Company does not intend to update publicly any forward-looking statements, except as may be required by law. The cautionary advice in this paragraph is permitted by the Private Securities Litigation Reform Act of 1995.
SOURCE MTR Gaming Group, Inc.
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