Interim Magna CEO and Chairman Frank Stronach has put $20 million into the company recently.

Interim Magna CEO and Chairman Frank Stronach has put $20 million into the company recently.

Anne M. Eberhardt

MEC Officials Promise to Keep Chipping Away at Debt

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.