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Preliminary OK Given for Remington License

The Chickasaw Nation won preliminary approval Nov. 19 for a 2010 racing and gaming license at Remington Park, which expects to purchase the Oklahoma racetrack from Magna Entertainment Corp. for $80 million. Friday, November 20, 2009

Jockey Escobar Out 4-6 Weeks

Jockey Martin Escobar was injured following the last race Oct. 17 at Remington Park in Oklahoma when his mount, Cuvee Blanc, fell just past the finish line. Sunday, October 18, 2009

Three Jockeys From Same Family Compete

In a true racing rarity, three jockeys from the same immediate family will ride against each other Sept. 28 at Remington Park. Sunday, September 27, 2009

Remington Launches Interactive Fan Program

With on-track business continuing to improve, Remington Park in Oklahoma is trying to further engage its online audience. Monday, September 14, 2009
MEC Racetrack Sales Moving Along Slowly

MEC Racetrack Sales Moving Along Slowly

The Chickasaw Nation appears well on its way to purchasing Remington Park in Oklahoma from Magna Entertainment Corp., but the fate of other MEC racetrack holdings is fuzzy at best. Wednesday, September 09, 2009
Auction of Santa Anita, Lone Star Withdrawn

Auction of Santa Anita, Lone Star Withdrawn

An auction scheduled Sept. 8 on properties owned by bankrupt Magna Entertainment Corp. will not go forward after the company withdrew Santa Anita Park, Lone Star Park, and other assets from the bidding in court documents filed in U.S. bankruptcy court. Friday, September 04, 2009
Cordova's Return Headlines Remington Meet

Cordova's Return Headlines Remington Meet

The richest Thoroughbred meet in track history begins Aug. 21 at Remington Park Racing and Casino, with daily purses averaging $250,000 at the Oklahoma City track. Tuesday, August 18, 2009
Brunetti: Plans to Reopen Hialeah Progressing

Brunetti: Plans to Reopen Hialeah Progressing

Hialeah Park will be back in business "as soon as possible" with plans to eventually add Thoroughbred racing, officials of the Florida racetrack said June 8. Tuesday, June 09, 2009
MEC Includes Santa Anita in New Auction Plan

MEC Includes Santa Anita in New Auction Plan

Magna Entertainment Corp. submitted a new court plan May 1 to auction off some of its racetracks, including Santa Anita Park, as part of its Chapter 11 bankruptcy reorganization. Saturday, May 02, 2009
HANA's Top-10 Tracks - #3 Remington Park

HANA's Top-10 Tracks - #3 Remington Park

The Horseplayers Association of North America regularly rates the 65 Thoroughbred racetracks in North America. Featured exclusively on BloodHorse.com is a countdown of the top 10 tracks. Remington Park is #3. Tuesday, February 10, 2009

Remington Park: Purses Up, Handle Down

Remington Park in Oklahoma recently completed its 20th season of Thoroughbred racing with a record purse disbursement and increased attendance, but followed national trends with a decline in most wagering statistics. Thursday, December 18, 2008
Asmussen Grateful for Win Record

Asmussen Grateful for Win Record

The trainer broke his own record for most wins by a trainer in a single season Nov. 23. He now has with 557 victories with six weeks of racing still remaining in 2008. Tuesday, November 25, 2008
Remington Park Boosts Purses

Remington Park Boosts Purses

Remington Park announced that effective Friday, Sept. 19, all overnight purses will be increased approximately 5%. The Oklahoma Derby, the track's marquee Thoroughbred event, will now carry a purse of $350,000, a new all-time high for the race to be contested Sunday, Oct. 19. Wednesday, September 17, 2008
MEC Might Sell Santa Anita Interest

MEC Might Sell Santa Anita Interest

The head of Magna Entertainment Corp. said Aug. 6 a majority interest of Santa Anita Park could be sold to help the racetrack company reduce its staggering debt load. Wednesday, August 06, 2008
MEC May Reconsider Sale of Some Assets

MEC May Reconsider Sale of Some Assets

Magna Entertainment Corp., which posted a $21.25-million loss for the second quarter of 2008, said Aug. 5 it's reconsidering the sale of some assets it expected to unload as part of a debt-elimination plan. Wednesday, August 06, 2008
Remington Park Prepares for 20th Season

Remington Park Prepares for 20th Season

The training season is under way at Remington Park as the track prepares for its 20th season, which begins Aug. 21. Tuesday, July 22, 2008
'Groundhog Day:' MEC Losses Mount

'Groundhog Day:' MEC Losses Mount

With one analyst tagging the proceedings "Groundhog Day," Magna Entertainment Corp. announced Feb. 29 more losses during a short, testy conference call that discussed year-end financials for 2007. Friday, February 29, 2008
Gulfstream Park Cuts Slots

Gulfstream Park Cuts Slots

Magna Entertainment Corp. has overhauled the ailing slots operation at its Gulfstream Park Racing and Casino complex by reducing the amount of machines it offers and expanding its simulcasting area. Thursday, November 29, 2007
Judge Dismisses Choctaw Lawsuit Over Churchill Downs Signal

Judge Dismisses Choctaw Lawsuit Over Churchill Downs Signal

A federal judge has dismissed a case involving a dispute between a company owned by an American Indian tribe and a Kentucky horsemen's group over simulcast signals from Churchill Downs. Thursday, October 25, 2007
Going Ballistic Much the Best in Oklahoma Derby

Going Ballistic Much the Best in Oklahoma Derby

Kindred Thoroughbreds' Going Ballistic continued his terrific 3-year-old campaign Oct. 21, taking the $300,000 Centennial Oklahoma Derby by 3 1/4 convincing lengths at Remington Park. Monday, October 22, 2007
Going Ballistic One to Beat in Oklahoma Derby

Going Ballistic One to Beat in Oklahoma Derby

Fresh off his victory in the $500,000 Super Derby (gr. II), Kindred Thoroughbreds' Going Ballistic leads a field of 11 in the $300,000 Centennial Oklahoma Derby Oct. 21 at Remington Park. Friday, October 19, 2007

MEC Officials Say Debt Plan Won't Be 'Fire Sale'

Magna Entertainment Corp. officials said Sept. 13 the company's debt-reduction plan isn't a "fire sale," and they hope the racetrack operator is in the black in 2009. Thursday, September 13, 2007
Organizers Pleased With Oklahoma Yearling Sale

Organizers Pleased With Oklahoma Yearling Sale

Organizers of the first Oklahoma City Summer Thoroughbred Yearling Sale, which produced a sale-topper that sold for $50,000, indicated the results are a sign of good things to come. Sunday, August 19, 2007

TRRN to Sponsor Oklahoma Classic

The Oklahoma Thoroughbred Association has announced that the Thoroughbred Racing Radio Network will be the sponsor of the $100,000 Oklahoma Classics Classic race for 2007. Thursday, May 10, 2007

Magna Would Consider Selling Training Centers

Amid news of improvement on operating losses and increased revenues, officials with Magna Entertainment also said during an earnings conference call March 5 that selling off prominent training centers in both California and Florida was within the realm of possibility. Monday, March 05, 2007

Johnsen Resigns Magna Post; Joins Investors Acquiring Track

Corey Johnsen has resigned as president of Magna Entertainment Corp. southern operations to join a group of private investors that is in the process of acquiring controlling interest of another North American racetrack. Wednesday, February 07, 2007

Zee Oh Six Completes Oklahoma Classics Hat Trick

Zee Oh Six lived up to his heavy 1-5 favorite status to win Saturday's $100,000 Oklahoma Thoroughbred Association Classic at Remington Park. By taking the top race on the 14th Oklahoma Classics night, Zee Oh Six equals Mr. Ross, becoming just the second horse to win the Classic three times. Monday, October 02, 2006

Zee Oh Six Wins Oklahoma Classic for 3rd Time

Zee Oh Six lived up to his heavy 1-5 favorite status to win Saturday's $100,000 Oklahoma Thoroughbred Association Classic at Remington Park. Sunday, October 01, 2006

Johnsen Named President of Southwest Operations for Magna

Magna Entertainment Corp. chairman Frank Stronach announced Monday that Corey Johnsen has been named the president of MEC Operations in the Southwest. Monday, August 14, 2006

Meadows Sale Seems Key to Magna Debt Reduction

Magna Entertainment Corp. reported a slightly smaller net loss for the second quarter of 2006 compared with the same period last year, but indicated a working-capital deficiency of almost $140 million remains a problem. Thursday, August 03, 2006

MEC Director Says Company 'Hit Bottom in 2005'

With a first-quarter earnings report that shows net income of $2.2 million versus a net loss of $4.1 million for the same period a year earlier, Magna Entertainment Corp. is rebounding from what company officials called a very tough year in 2005, officials said. Monday, May 01, 2006

MEC: Fourth-Quarter Loss Down, Year-End Loss Up

Magna Entertainment Corp. reported Feb. 27 a total net loss of $39.7 million for the three-month period ending Dec. 31, and year-end losses of more than $105 million. Tuesday, February 28, 2006

Youbet, Magna Ink One-Year Wagering Deal

Youbet.com, Inc. announced Monday that its advanced deposit wagering Web site has gained the right to simulcast all of Magna Entertainment Corporation's live horse racing content during the 2006 season. Monday, December 26, 2005

Remington Park Casino Opens to Large Crowd

A dream came true Nov. 21 for Remington Park officials and Oklahoma horsemen. Shortly before 1 p.m., the track opened the doors of its new $35-million slot-machine casino. Tuesday, November 22, 2005

Oklahoma Tracks Get Green Light for Gaming

The Oklahoma Horse Racing Commission officially gave the go-ahead for gaming Aug. 11 at two of the racetracks in the state, Remington Park in Oklahoma City and Blue Ribbon Downs in Sallisaw. Friday, August 12, 2005

Magna Announces Recapitalization Plan

Magna Entertainment announced a recapitalization plan July 22 that includes two binding loan agreements with its subsidiary, MI Developments. The plan also includes a bridge loan that a Magna press release said "will permit us to proceed with an orderly marketing and sale of non-strategic real estate, racetracks, and other assets." Friday, July 22, 2005

Oklahoma Racetracks Anticipate Gaming Licenses

Oklahoma may be less than two weeks away from having its first racetrack casino operation licensed, and a June 16 meeting should chart the course of on-track electronic gaming in the state. Tuesday, June 14, 2005

Oklahoma Regulators Preparing Gaming Rules

Gaming at Oklahoma racetracks is closer to reality, Oklahoma Horse Racing Commission officials said Jan. 27 during their monthly meeting. Rules that would govern alternative gaming will be formulated in a month, they said. Friday, January 28, 2005

On-Track Figures Improve at Remington Park

Remington Park in Oklahoma City, Oklahoma reported that both on-track attendance and handle improved during the 65-day meet that ended Dec. 5. Friday, December 17, 2004

Hamilton Unseats Berry as Remington's Top Rider

Apprentice Quincy Hamilton ended Cliff Berry's run of eight consecutive riding titles at Remington Park as the Oklahoma track brought down the curtain on its 65-day meeting for 2004 Sunday. Sunday, December 05, 2004

Mr. Jester and Quinton's Gold Rush Top Oklahoma Derby Field

A dozen 3-year-old colts will take the gate for Sunday's $150,000 Oklahoma Derby (gr. III), going 1 1/8-miles at Remington Park. The field is led by grade II winner Quinton's Gold Rush and grade III winner Mr. Jester. Friday, November 19, 2004

Oklahomans Approve Racetrack Slots Initiative; Florida Outcome Still Undecided

Approximately 59% of voters in Oklahoma cast ballots Tuesday in favor of the "State-Tribal Gaming Act" that authorizes electronic gaming operations at the three privately-owned Oklahoma racetracks and directs a share of gaming revenues from Tulsa area tribes to the publicly-owned fourth track. Wednesday, November 03, 2004

Oklahoma Slots Issue Headed For Statewide Vote

Gov. Brad Henry signed a bill Wednesday to authorize a statewide vote Nov. 2 on whether to allow pari-mutuel horse racing tracks to operate electronic gambling machines now played only at Indian casinos. Thursday, May 20, 2004

Oklahoma Gaming Bill Signed Into Law

Oklahoma Gov. Brad Henry signed a bill Monday that allows electronic gaming machines at three racetracks in the state. A bill-signing ceremony was scheduled for Tuesday. Tuesday, March 09, 2004

Magna Losses Total $103 Million in Fourth Quarter

Magna Entertainment Corp. Tuesday reported a net loss of $103.2 million for the fourth quarter of 2003, or 96 cents a share, which includes a previously announced non-cash write-down of $81.7 million on its assets. Tuesday, February 24, 2004

MEC: Track Business Forces $82-Million Write-Down

Magna Entertainment Corp. will record an $82-million non-cash write-down for the fourth quarter of 2003, but the company said there would be no operating impact on any of its racetracks. Thursday, February 05, 2004

Oklahoma Deal Calls for Racetrack Gaming

Indian tribes, the horse racing industry, and Gov. Brad Henry have reached an agreement on legislation that would allow racetracks to install gaming machines and regulate devices currently operating at tribal casinos. The measure now goes to the state legislature. Wednesday, January 21, 2004

Year Book

By Ray Paulick -- Let's hope other track operators have learned something from the NYRA investigation. Meanwhile, a review of other top events of '03 shows optimism for the New Year within racing, breeding, and auction sectors of the industry. Tuesday, December 16, 2003

Another Derby Jewel for Excessivepleasure?

"Derby" specialist Excessivepleasure leads a field of six for the $150,000 Oklahoma Derby (gr. III) over 1 1/8 miles at Remington Park Sunday. Friday, November 14, 2003

Oklahoma Industry: Racetrack Gaming Key to Survival

The future of Remington Park and perhaps the future of the entire Thoroughbred industry in Oklahoma could depend on a vote by House of Representatives to legalize electronic gaming at the state's racetracks. Friday, May 30, 2003
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