Churchill Downs Inc. is expanding its presence in the advance deposit wagering market with the purchase of Youbet.com for $126.8 million. United Tote is included in the proposed deal.
Wednesday, November 11, 2009
Penn National Gaming Inc. has asked a Maryland federal court to dismiss a lawsuit brought against the company for alleged securities violations inherent to its failed buyout deal earlier this year, claiming the legal action is an attempt by the plaintiffs to recover bad investment decisions.
Tuesday, November 25, 2008
The North American Pari-Mutuel Regulators Association and the Association of Racing Commissioners International have set Jan. 1, 2006 as the official date of a merger between the two organizations, though they are now functioning as one, according to a Dec. 6 release.
Tuesday, December 06, 2005
Edward Joseph Sukley's homebred Purim, unbeaten in three starts, will face seven 3-year-olds in Saturday's American Derby (gr. IIT) at Arlington Park. The American Derby goes as the fifth race and is the first of three graded stakes on the program with an approximate post of 2:56 p.m. CDT.
Thursday, July 21, 2005
Unbeaten Purim, 2 1/2-length winner of the Arlington Classic (gr. IIIT) July 2, puts his three-race win streak on the line against seven rivals in the $250,000 American Derby (gr. IIT) for 3-year-olds on the Arlington Park turf Saturday.
Wednesday, July 20, 2005
The New York Racing Association and Magna Entertainment Corp. again are discussing merger possibilities, two months after the NYRA board flatly rejected a bid by Frank Stronach's company to become financial partners.
Monday, May 10, 2004
The two regulators' associations in North America, during a Dec. 10 meeting in Tucson, Ariz., discussed a potential merger of operations but didn't come to a firm decision. Still, the talks, which will continue, were categorized as positive.
Saturday, December 13, 2003
Anchor Gaming, the parent company of United Tote, has agreed to a merger with joint venture partner International Game Technology. If the deal is approved it would create a gaming equipment company with combined annual revenue of $2 billion and control of 60% of the United States market.
Tuesday, July 10, 2001
Satish Sanan's Clearwater, Fla.-based IMRglobal Corp. will merge with CGI Group of Montreal, Quebec, according to a release from IMRglobal. But the Feb. 22 edition of the St. Petersburg, Fla., Times called it a $438-million stock sale to the Canadian company.
Monday, February 26, 2001
