X0304 4 2011-11-14 0 0000834162 MTR GAMING GROUP INC MNTG 0001199888 BILLICK STEVEN M C/O MTR GAMING GROUP, INC. P. O. BOX 356, STATE ROUTE 2 SOUTH CHESTER WV 26034 1 1 0 0 Chairman of the Board Common Stock 2011-11-14 4 P 0 10000 1.71 A 15000 D Restricted Stock Units (2010 Long-Term Incentive Plan) Common Stock 19500 19500 D Restricted Stock Units (2010 Long-Term Incentive Plan) Common Stock 30000 30000 D The range of prices on transactions occurring on November 14, 2011 was $1.699 to $1.75 with an average price of $1.711502. With respect to the transactions occurring on November 14, 2011, the reporting person will undertake to provide to the SEC staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price. 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. 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. /s/ Steven M. Billick 2011-11-16