Jacobs Entertainment buys more shares of MTR Gaming

By Lisa Kerner

Charlotte, N.C., March 27 - Investors led by Jeffrey P. Jacobs and Jacobs Entertainment, Inc. upped their ownership interest in MTR Gaming Group, Inc. to 15.6% from 14.3% with the purchase of 359,875 additional shares of the company's stock.

The shares were acquired between March 19 and March 24 priced from $6.18 to $6.80, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own 4,289,532 shares of the Chester, W.Va.-based gaming company.

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