Keyword: business

  • Proposed Magna Spin-Off Would Include MEC

    Magna International has proposed a new publicly traded company--MI Developments Inc.--that would own all of Magna's automotive real estate as well as all of Magna Entertainment Corp., the leading owner of racetracks in North America in terms of holdings.

  • Preakness Day Handle Down 9.5% From Last Year

    Total handle on the May 17 Preakness Stakes Day program at Pimlico Race Course topped $60 million for the third consecutive year, but it was down 9.5% from last year, according to figures released May 21 by the Maryland Jockey Club.

  • Gulfstream: Total Handle Up, But Attendance Down

    Gulfstream Park established a Florida record for pari-mutuel handle for a single race meet with $825.3 million wagered during its 89-day season in 2003, but attendance was down.