MNTG » Topics » Depreciation Expense:

This excerpt taken from the MNTG 10-Q filed May 11, 2009.

Depreciation Expense:

        Depreciation expense decreased by $0.3 million to $7.3 million during the three-month period of 2009 compared to 2008, primarily due to decreased depreciation for Mountaineer.

This excerpt taken from the MNTG 10-Q filed Nov 10, 2008.

Depreciation Expense:

        During the three and nine months ended September 30, 2008, depreciation expense increased by $0.2 million and $2.5 million compared to 2007, primarily due to the opening of Presque Isle Downs. Year-to-date, Presque Isle Downs' depreciation increased $3.2 million during 2008, offset by a decrease in Mountaineer's depreciation of $0.7 million. We expect depreciation expense to continue to increase during the remainder of 2008 as a result of the completion of the various construction phases of

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Presque Isle Downs during 2007 and the capital expenditures associated with Mountaineer's implementation of poker and table gaming during late-2007 and into 2008.

This excerpt taken from the MNTG 10-Q filed Aug 8, 2008.

Depreciation Expense:

        During the three and six months ended June 30, 2008, depreciation expense increased by $0.3 million and $2.3 million compared to 2007, primarily due to the opening of Presque Isle Downs. Year-to-date, Presque Isle Downs' depreciation increased $3.0 million during 2008, offset by a decrease in Mountaineer's depreciation of $0.7 million. We expect depreciation expense to continue to increase during the remainder of 2008 as a result of the completion of the various construction phases of Presque Isle Downs during 2007 and the capital expenditures associated with Mountaineer's implementation of poker and table gaming during late-2007 and into 2008.

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This excerpt taken from the MNTG 10-Q filed May 12, 2008.

Depreciation Expense:

        During the three months ended March 31, 2008, depreciation expense increased by $1.9 million compared to 2007, primarily due to the opening of Presque Isle Downs. Presque Isle Downs' depreciation increased $2.5 million. This increase was offset by a decrease in Mountaineer's depreciation of $0.5 million. We expect depreciation expense to continue to increase during the remainder of 2008 as a result of the completion of the various construction phases of Presque Isle Downs during 2007.

These excerpts taken from the MNTG 10-K filed Apr 3, 2008.

Depreciation Expense:

        During 2007, depreciation expense increased by $7.7 million compared to 2006, primarily due to the opening of Presque Isle Downs. Presque Isle Downs' depreciation increased $10.4 million. This increases was partially offset by a decrease in Mountaineer's depreciation of $3.2 million. We expect depreciation expense to continue to increase into 2008 as a result of the completion of the various construction phases of Presque Isle Downs.

Depreciation Expense:





        During 2007, depreciation expense increased by $7.7 million compared to 2006, primarily due to the opening of Presque Isle Downs. Presque Isle Downs'
depreciation increased $10.4 million. This increases was partially offset by a decrease in Mountaineer's depreciation of $3.2 million. We expect depreciation expense to continue to
increase into 2008 as a result of the completion of the various construction phases of Presque Isle Downs.





This excerpt taken from the MNTG 10-Q filed Nov 9, 2007.

Depreciation Expense:

        During the three and nine months ended September 30, 2007, depreciation expense increased by $2.1 million and $4.6 million, respectively, compared to the same periods in 2006, primarily due to the opening of Presque Isle Downs. For the three-and nine-months ended September 30, 2007, Presque Isle Downs' depreciation increased $3.3 million and $7.1million, respectively. The increases were partially offset by a decrease in Mountaineer's depreciation of $1.0 million and $2.5 million for the same periods, respectively. We expect depreciation expense to continue to increase during the remainder of 2007 and into 2008 as a result of the completion of the various construction phases of Presque Isle Downs.

This excerpt taken from the MNTG 10-Q filed Aug 9, 2007.

Depreciation Expense:

During the three and six months ended June 30, 2007, depreciation expense increased by $2.1 million and $2.6 million, respectively, compared to the same periods in 2006, primarily due to the opening of Presque Isle Downs.  We expect depreciation expense to continue to increase during the remainder of 2007 and into 2008 as the various construction phases of Presque Isle Downs are completed.

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