MTR Names Norton COO As Of June 8

Stock quotes in this article: ISLE , MNTG  

CHESTER, W.Va. (AP) — MTR Gaming Group Inc. has hired a chief operating officer, luring an executive away from Isle of Capri Casinos Inc.

Robert Norton will start work with MTR by June 8. He has been vice president of business strategy for Missouri-based Isle of Capri for the past year and has 14 years in the industry.

A regulatory filing on Monday showed Norton's two-year contract pays a base salary of $300,000, with 5 percent cost-of-living increases, a $7,200 car allowance, four weeks vacation and relocation benefits.

He's also eligible for a cash bonus of at least 20 percent of his base pay.

MTR owns and operates Mountaineer Casino, Racetrack & Resort in Chester, Presque Isle Downs & Casino in Erie, Pa., and Scioto Downs in Columbus, Ohio.

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