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Magna Exercises AmTote Purchase Options

Magna Entertainment Corp. announced July 26 that it has exercised its first purchase option to acquire an additional 30% equity interest in AmTote International, Inc. and has sent written notice of its intention to exercise its second purchase option to acquire the remaining 40% equity interest in the wagering technology company.

 Wednesday, July 26, 2006

Former AmTote President Joins Magna

Former AmTote president Ted Mudge began working at Magna Entertainment this week.

 Friday, May 31, 2002