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| Forward Looking Statements 2 This document includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding our strategies, objectives and plans for future development or acquisitions of properties or operations, refinancing of our debt, as well as expectations, future operating results and other information that is not historical information. When used in this report, the terms or phrases such as "anticipates", "believes", "projects", "plans", "intends", "expects", "might", "may", "estimates", "could", "should", "would", "will likely continue", and variations of such words or similar expressions are intended to identify forward-looking statements. Although our expectations, beliefs and projections are expressed in good faith are based on assumptions that we believe are reasonable, there can be no assurance that these expectations, beliefs and projections will be realized. There are a number of risks and uncertainties that could cause our actual results to differ materially from those expressed in the forward-looking statements which are included elsewhere in this document. Such risks, uncertainties and other important factors include, but are not limited to: (i) we operate in very competitive markets; (ii) the growth in the number of hotel rooms and/or casino capacity in any of our markets or the spread of legalized gaming in other jurisdictions or the introduction or expansion of other forms of gaming, such as internet gaming, could negatively affect our future operating results; (iii) our gaming operations are highly regulated by governmental authorities and our future operations may be significantly impacted by these regulations; (iv) our ability to realize expense reductions and operating efficiencies, including reductions and efficiencies resulting from the recent business combination between MTR Gaming Group, Inc. and Eldorado Holdco LLC; (v) changes in applicable gaming or other laws or regulations could have a significant effect on the operations of our casinos; (vi) our operations are particularly sensitive to reductions in discretionary consumer spending and are affected by changes in general economic and market conditions nationally, such as the current economic downturn; (vii) the gaming industry represents a significant source of tax revenues to the states, counties and local jurisdictions in which gaming is conducted and our operations have been and will continue to be subject to increases in such taxes; (viii) claims made in litigation could have a material impact on our financial condition or results of operations; (ix) our business is dependent on key personnel and could be adversely affected in the event of the inability to recruit or retain key personnel; (xi) economic, credit and capital market conditions on the economy and the gaming and entertainment industry could negatively impact our business and our results of operations; (xii) weather or road conditions could limit access to our properties; (xiii) volatility and disruption of the capital and credit markets could negatively impact our ability to access capital that is necessary for our business; (xiv) we are highly leveraged and our significant debt service obligations could adversely impact our ability to make acquisitions and capital expenditures or could otherwise adversely impact our business; (xv) war, terrorism, natural disasters and other catastrophic events could adversely impact our business and results of operations; (xvi) disruptions to our systems and infrastructure could adversely impact our business and results of operations; (xvii) we cannot be sure that we will be able to refinance our existing debt, or obtain additional financing, on terms that are satisfactory to us; (xviii) our ability to comply with covenants in our debt documents the impact of such covenants on our ability to operate our business, make acquisitions or otherwise grow our business and compete with other gaming operations; and (xix) other factors set forth in Part I, Items 1A. "Risk Factors" included in MTR Gaming Group, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2013 and the registration on Form S-4 filed by the Eldorado Resorts, Inc. In light of these and other risks, uncertainties and assumptions, the forward-looking events discussed in this report might not occur. Any forward-looking statement speaks only as of the date on which that statement is made. We do not intend to update publicly any forward-looking statement to reflect events or circumstances that occur after the date on which the statement is made, except as may be required by law. |