Eric Mitchell

TVG Enjoying Triple Digit Growth

The TV Games Network is enjoying record growth due to the opening of Hollywood Park, the Kentucky Derby (gr. I), and an increasing popularity in Quarter Horse racing at Los Alamitos.

Scientific Games Posts Positive First Quarter

Scientific Games reported $5.4 million, a gain of 10 cents per common share, in net income for the three month period ending March 31. For the same period a year ago, the company reported a net income of $4.1 million or a loss of 10 cents per share.

Derby Berth Possible For Transy Winner

German-bred Flying Dash balked entering the gate in the $100,000 Transylvania Stakes at Keeneland Friday, but was full steam ahead at the wire. Attendance of 14,879 at the Lexington, Ky. track was the largest for a spring opening day since 1985. Attendance last year on opening day was 11,646.

Price Set for Magna Stock Offering, Stock Jumps

An offering of 20 million shares of Magna Entertainment (Nasdaq:MIEC) was priced at $6.65 Thursday through underwriters Bear Stearns. The update on the offering caused the company's stock to rise as much as 13.4 percent during trading on Friday.

San Bernardino May Set Up Gonzalez Daily Double

Trainer Paco Gonzalez hopes to set the stage for his own daily double Saturday at Santa Anita Park. He'll start by winning the $200,000 San Bernardino Handicap (gr. II) with Bosque Redondo, then two races later cap off his day by taking the Santa Anita Derby (gr. I) with probable favorite Came Home.

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