Magna Entertainment blamed the weak performance of its slots operation at Gulfstream Park Racing & Casino as a key to another in a series of poor financial quarters, as the company announced a $49.8 million net loss ending Sept. 30.
Milk It Mick, an English champion at 2 and U.S. grade I winner, will enter stud at David Scott and Sarah Stoneham's Lone Oak Stud near Newmarket, England.
Milk It Mick, an English champion at 2 and grade I winner at Santa Anita, has been retired from racing because of complications from an injury sustained in 2006
Voters in the farm town of Dixon, Calif., turned down Magna Entertainment Corporation's proposed $250 million horse racing complex by less than 300 votes April 17.
Grade I winner Singhalese has been retired from racing because of a slight tendon tear.
It didn't take long for foes of the Dixon Downs racetrack in Northern California to attack plans for the $250 million Magna Entertainment project approved by the Dixon City Council on Oct. 23. Already, a citizen group has turned in petitions seeking a referendum to overturn the action, and on Nov. 21, the nearby city of Davis filed a lawsuit aimed at mitigating the development's impact on the region.
City officials put their demands on the table Jan. 24 for Dixon Downs, Magna Entertainment's proposed state-of-the-art racetrack and training facility near Sacramento, Calif.
After a public hearing attended by less than a dozen residents in Dixon, Calif. Thursday, Magna Entertainment Corporation was prepared to take the next major step for its proposed Dixon Downs racetrack – preparation of a draft environmental impact report.
Erdenheim Farm's Political Attack, a 4-year-old gelding trained by Michael Matz, turned in an impressive performance at Calder on Saturday to win the $100,000 Tropical Turf Handicap (gr. IIIT) by 1 1/2 lengths over Millennium Dragon.
Taking another step in a lengthy approval process, Magna Entertainment publicly rolled out its detailed plans for Dixon Downs, a $250 million "dream track" prototype for the company's future development.
Detailed studies for the proposed $250-million Dixon Downs in Northern California are set to begin now that Magna Entertainment Corp. has received approval from the Dixon City Council for an agreement to pay for consultants for the extensive reports.
Magna Entertainment Corp.'s plans for Dixon Downs, the company's ideal "racetrack of the future," are finally headed to the starting gate. On March 3, MEC submitted its detailed proposal for the $250-million project to the city of Dixon, located 19 miles west of Sacramento, Calif.
Magna Entertainment Corp. expects to formally present project development plans for the proposed Dixon Downs in Northern California to the Dixon City Council by the end of the year.
Dixon Downs may not be on the fast track, but it's making steady progress toward ground-breaking. That's the report from the front lines in Dixon, the small California town 20 miles west of Sacramento where Magna Entertainment Corp. is hard at work developing a state-of-the-art racetrack.
Magna officials will be the special guests at a community meeting Oct. 17 in Dixon, a town of about 15,000 located 19 miles west of Sacramento. Magna recently purchased 225 acres in Dixon for $6.3 million and has another 25-acre parcel in escrow.
Without fanfare, Magna Entertainment completed its purchase of a Sacramento Valley site for a new home for its Bay Meadows Race Course. Magna closed a $6.3-million deal on 226 acres of freeway-side property in Dixon, located about 19 miles west of Sacramento on Interstate 80.
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