SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) April 26, 2000 MTR GAMING GROUP, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 0-20508 84-1103135 - ---------------------------- --------------- ----------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) State Route 2, South, P.O. Box 356 Chester, West Virginia 26034 - --------------------------------------- ------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (304) 387-5712 -------------------------------------------------------------- (Former name or former address, if changed since last report.) ITEM 5. OTHER EVENTS: On April 26, 2000, the Board of Directors of MTR Gaming Group, Inc. (the "Company") authorized the repurchase of up to $3 million of the Company's common shares. The repurchase program authorizes management, at its discretion, to make purchases from time to time over the next year in the open market. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS: (a) Not applicable. (b) Not applicable. (c) EXHIBITS EXHIBIT 99.1: Press Release dated May 2, 2000 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MTR GAMING GROUP, INC. a Delaware corporation /s/ Robert L. Ruben ------------------------------------- Robert L. Ruben Vice President Date: May 3, 2000 EXHIBIT INDEX Exhibit 99.1 Press Release dated May 2, 2000.