Brean Murray Starts MTR Gaming (MNTG) at Hold

June 26, 2008 11:17 AM EDT

Brean Murray initiates coverage on MTR Gaming Group Inc. (Nasdaq: MNTG) with a Hold rating.

The firm said, "Although we expect improvement over the longer term, with the current environment depressing the valuation multiples of other gaming stocks and 2Q08 unlikely to provide evidence
of a turnaround, we believe the next couple of quarters could continue to be difficult for MTR Gaming."


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