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Description: PROSPECTUS SUPPLEMENT FILED PURSUANT TO RULE 424 (B) (3)
Filed under Rule 424 (c) of Regulation C
SEC File Number: 333-14475
PROSPECTUS SUPPLEMENT
(To Prospectus Dated November 6, 1996)
4,836,340 SHARES OF
MTR GAMING GROUP, INC.
COMMON STOCK
The information in this Prospectus Supplement concerning the selling
stockholders supplements the statements set forth under the caption "Selling
Stockholders" in the Prospectus. Capitalized items used and not defined herein
shall have the meaning given to them in the Prospectus.
SELLING STOCKHOLDERS
The information set forth under the caption "Selling Stockholders" in
the Prospectus is supplemented by adding additional Selling Stockholders as
follows:
<TABLE>
<CAPTION>
NUMBER OF SHARES PERCENTAGE OF
TO BE OWNED OUTSTANDING SHARES TO BE
SELLING NUMBER OF SHARES NUMBER OF BENEFICIALLY AFTER OWNED BENEFICIALLY AFTER
STOCKHOLDER BENEFICIALLY OWNED SHARES OFFERED COMPLETION OF OFFERING COMPLETION OF OFFERING
----------- ------------------ -------------- ---------------------- ----------------------
<S> <C> <C> <C> <C>
Peter Graham(1) 45,000 45,000 0 0
Ronald Kramer(1) 45,000 45,000 0 0
Jay Petschek(1)(2) 45,000 45,000 0 0
Thomas M. Ryan 7,500 7,500 0 0
Brian Gonick 7,500 7,500 0 0
</TABLE>
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(1) Does not include 87,300 shares of the Company's Common Stock owned by
Corsair Capital Partners II, L.P. ("CCPII"). The General Partner of
CCPII is Corsair Managing Partners ("CMP"). The partners of CMP are
Corsair Management Company, Inc. ("CMPI"), Corsair/Kramer, Inc. ("C/K")
and Peter Marc Graham, Inc. ("PMG"). The President of PMG is Peter Graham,
the President of C/K is Ronald Kramer and the President of CMPI is
Jay Petschek.
(2) Does not include 20,000 shares of the Company's Common Stock owned by
Marybeth Petschek, the wife of Jay Petschek.
In addition, the number of shares beneficially owned and offered by
Ladenburg, Thalmann & Co. was reduced to 150,000 shares of Common Stock, all of
which were sold prior to the date of this Prospectus Supplement.
The date of this Prospectus Supplement is December 19, 2000.
