MTR Gaming Group, Inc. (NasdaqGS: MNTG) announced today that it has chosen Aristocrat’s Oasis 360 monitoring system to install at its Scioto Downs Casino & Racetrack in Columbus, Ohio. The Oasis 360 system will monitor approximately 2,100 video lottery terminals (VLTs) at the facility, and Scioto Downs Casino & Racetrack will be the first casino in the MTR Gaming Group portfolio to take advantage of Oasis 360’s newest and state-of-the-art products including nCompass™, the industry’s most advanced media window; and the full suite of Speed Bonusing Solutions, including Aristocrat’s award-winning nRich™ bonusing product.

“Aristocrat has been an incredible partner for several years, so when it came to selecting a provider for our Scioto Downs Casino & Racetrack property, the decision was very easy,” said Jeff Dahl, President and Chief Executive Officer of MTR Gaming Group. “The partnership, the level of service, and the clearly superior tools made Aristocrat and Oasis 360 the easy choice.”

“We are absolutely thrilled that MTR Gaming Group has chosen to expand their partnership with Aristocrat and with Oasis 360,” said Kelly Shaw, Aristocrat Vice President of System Sales and Marketing. “Expanding our partnership, both in terms of the number of properties and the expansion of modules they are using, confirms MTR Gaming’s dedication to delivering the best possible product to gaming patrons.”

Scioto Downs Casino & Racetrack is scheduled to open in the second quarter of 2012 with approximately 2,100 VLTs and is permitted to increase that number to as many as 2,500. Additionally, there will be a 300-seat buffet, a 100-seat casual dining restaurant, an 82-seat bar/lounge with high-tech sound and lights, and will offer a variety of entertainment options. The racetrack will also benefit from a variety of improvements.

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 Casino & Racetrack in Columbus, Ohio. For more information, please visit www.mtrgaming.com.

Forward-Looking Statements

Except for historical information, this press release contains 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.

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