MTR Gaming CEO Resigns
CHESTER, W.Va. -- Jeffrey J. Dahl has tendered his resignation as president and CEO of MTR Gaming Group to pursue other business opportunities, the company announced Wednesday. He will remain with the company while the board of directors conducts intrerviews for his successor, but his resignation as a board member takes effect immediately.
“We want to thank Jeff for his service to MTR Gaming, including his valuable contribution to the construction and opening of our new Scioto Downs gaming facility in Columbus, Ohio,” said Steven M. Billick, chairman of the board of MTR Gaming Group Inc. “We also appreciate Jeff staying on as CEO to assist in facilitating a smooth transition.”
On March 7, the company, which owns and operates Mountaineer Casino, Racetrack & Resort here, Presque Isle Downs & Casino in Erie, Pa., and Scioto Downs in Columbus, Ohio, reported a fourth-quarter loss from continuing operations of $5.5 million and a loss for 2012 of $5.4 million, or 19 cents per diluted share.
“I’m proud of the progress and accomplishments we created at MTR Gaming during my tenure,” Dahl said in a prepared statement.
“The opening of our Scioto Downs gaming facility has put the company on a successful path," he elaborated. "We’ve put together a solid team during my time here and while I will miss everyone at MTR Gaming, I’m confident the company will continue to prosper.”
Published by The Business Journal, Youngstown, Ohio.
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