FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BLATT ROBERT A
2. Issuer Name and Ticker or Trading Symbol

MTR GAMING GROUP INC [ MNTG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
V Chairman Assistant Secretary
(Last)          (First)          (Middle)

C/O MTR GAMING GROUP, INC., P. O. BOX 356, STATE ROUTE 2 SOUTH
3. Date of Earliest Transaction (MM/DD/YYYY)

8/31/2012
(Street)

CHESTER, WV 26034
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   8/31/2012     G   V 300   D $0.00   622595   D    
Common Stock                  1000   I   By Immediate Family  
Common Stock                  3000   I   By Spouse  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2010 Long-Term Incentive Plan)     (1)                    (1)   (1) Common Stock   10365     10365   D    
Restricted Stock Units (2010 Long-Term Incentive Plan)     (2)                    (2)   (2) Common Stock   19500     19500   D    
Restricted Stock Units (2010 Long-Term Incentive Plan)     (3)                    (3)   (3) Common Stock   30000     30000   D    

Explanation of Responses:
( 1)  Date of Grant: June 13, 2012: Each restricted stock unit ("RSU") represents a contingent right to receive one share of MTR Gaming Group, Inc. common stock. The RSUs shall at all times be fully vested and non-forfeitable, and shall be paid upon the earlier to occur of (i) the reporting person's termination of service, and (ii) a change in control of the Company.
( 2)  Date of Grant: August 12, 2011: Each restricted stock unit ("RSU") represents a contingent right to receive one share of MTR Gaming Group, Inc. common stock. The RSUs shall at all times be fully vested and non-forfeitable, and shall be paid upon the earlier to occur of (i) the reporting person's termination of service, and (ii) a change in control of the Company.
( 3)  Date of Grant: August 5, 2010: Each restricted stock unit ("RSU") represents a contingent right to receive one share of MTR Gaming Group, Inc. common stock. The RSUs shall at all times be fully vested and non-forfeitable, and shall be paid upon the earlier to occur of (i) the reporting person's termination of service, and (ii) a change in control of the Company.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
BLATT ROBERT A
C/O MTR GAMING GROUP, INC.
P. O. BOX 356, STATE ROUTE 2 SOUTH
CHESTER, WV 26034
X
V Chairman Assistant Secretary

Signatures
/s/ Robert A. Blatt 9/5/2012
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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