Keyword: Great Lakes Downs

  • Midwest-Based Houghton Posts Win 5,000

    Veteran jockey T.D. Houghton registered the 5,000th win of his career May 4 when he guided 3-5 favorite Mambo Galliano, owned by Shane Spiess, to a 6 1/2-length victory in a $4,000 claiming race at Thistledown.

  • Pinnacle Reacts to Economic Conditions

    Economic conditions have led the operators of Pinnacle Race Course in Michigan to put some expansion plans on hold, but the track's inaugural meet in 2008 exceeded expectations, officials said.

  • Racing was canceled once again at Santa Anita Park Jan. 6.

    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.

  • 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.

  • Terry Houghton

    Houghton: Glad to Be Back Home

    After the Office of Race Commissioner granted a jockey's license to Terry Houghton, the veteran rider expressed his relief to once again be racing in his native state at the new Pinnacle Race Course near Detroit.

  • MEC: Great Lakes Downs Sold

    Magna Entertainment Corp. has announced the sale of Great Lakes Downs to The Little River Band of Ottawa Indians for $5 million cash, less customary closing adjustments.

  • Hook Joins Pinnacle as Track Announcer

    Matt Hook has joined Pinnacle Race Course as track announcer, with additional roles as assistant racing secretary and track handicapper. The announcement was made July 16 by Pinnacle Race Course general manager Allan Plever.

  • Pinnacle Granted Michigan Racing License

    Michigan Racing Commissioner Christine White issued a racing license March 19 to Post It Stables for Pinnacle Race Course, a Thoroughbred facility under construction in Romulus in the Detroit metropolitan area.

  • '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.

  • NASDAQ: MEC Not in Compliance

    Share of Magna Entertainment Corp. have traded under $1 for more than 30 straight days, prompting NASDAQ to notify the racing and gaming company it was out of compliance with marketplace rules and faces delisting.

  • Great Lakes Downs has drawn initial looks from racing interests.

    MEC Properties Listed for Sale

    Magna Entertainment's debt-reduction sale of what it deems excess assets is under way with at least four properties already listed with real estate agents.

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

    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, as the company announced a $49.8 million net loss ending Sept. 30.

  • Dates Approved for New Detroit Racetrack

    Michigan's racing commissioner approved on Oct. 31 the 2008 dates for a new racetrack to be built near Detroit. The track, named Pinnacle Race Course, was granted 63 days of live racing beginning July 18. The 10,000-seat racetrack project, near the Detroit Metro Airport, includes 200,000 square feet of retail developement.

  • Michigan Budget Crisis Could Halt Horse Racing

    Michigan's horseracing industry, already reeling from decreases in revenue and the possible closure of Great Lakes Downs after this season, is facing an Oct. 1 shutdown should the state legislature fail to approve a budget.

  • Guild Seeks East Coast Options for Banned Jockeys

    With no official word coming on the cases of 10 jockeys banned from tracks in Florida and Pennsylvania last month, many of the riders in question have been forced to seek employment outside of their respective circuits while attorneys continue looking into their legal options.

  • Michigan Sets 2007 Racing Schedule

    Racing Commissioner Christine C. White today signed orders authorizing the 2007 live and simulcast horse racing calendar for Michigan's six pari-mutuel racetracks.

  • Adam Campola Named Great Lakes Steward

    The Michigan Racing Commission has named Adam Campola, the clerk of scales at the major Maryland tracks since 2000, steward at Great Lakes Downs. The six-month meeting opens May 6.

  • Creative Miss Named Michigan Horse of the Year

    With Creative Miss at the top of the list, Michigan's leading 2005 state-bred horses were announced by state racing commissioner Christine White March 11 during the Michigan Horse Council's International Stallion Expo at the Michigan State University Agriculture Pavilion in East Lansing.

  • 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.

  • Michigan Jockey Gets Fine, Seven-Year Suspension

    Jockey Roberto Perez, who allegedly bet an Oct. 4 race at Great Lakes Downs and left the horse he rode off the tickets, was suspended for seven years and fined $7,000 by stewards in Michigan.

  • Michigan Jockey Perez Suspended in Probe

    Jockey Roberto Perez was suspended by Michigan racing officials this week for allegedly placing wagers on his own behalf while excluding the horse he rode in the fourth race at Great Lakes Downs on Oct. 4.

  • MEC Sells Great Lakes Downs in Lease-Back Deal

    Magna Entertainment Corp. has sold Great Lakes Downs in a lease-back deal that will allow it to operate a live Thoroughbred meet at the western Michigan facility and pursue plans for Michigan Downs, a proposed racetrack in the Detroit metropolitan area.

  • Great Lakes Downs License Transfer Approved

    Michigan Racing Commissioner Robert Geake said Aug. 9 he would authorize the transfer of the license for Great Lakes Downs near Muskegon from MI Racing Inc., a fully owned subsidiary of Magna Entertainment Corp., to Richmond Racing.

  • Some For, Some Against Michigan License Transfer

    Groups for and against the proposed transfer of Michigan's Great Lakes Downs racing license had their say at a state racing commission hearing in Lansing July 29. And what they said was nothing more than expected.

  • Michigan Sets Racing Schedule for 2004

    Great Lakes Downs, Michigan's only all-Thoroughbred racetrack, was awarded 118 days of racing in 2004 under an order signed by Michigan racing commissioner Robert Geake.

  • Magna Makes Plans for Detroit Racetrack

    Magna Entertainment Corp. Monday unveiled plans for a $100-million racetrack and entertainment project near Detroit International Airport.

  • Magna Reports Two Tracks Operating at Loss

    In a Jan. 31 report filed with the U.S. Securities and Exchange Commission, Magna Entertainment said two of its racetracks have experienced operating losses over the past two years, and the impact will be assessed when the company releases its 2002 financial statement.

  • In Michigan, Racetrack Gaming Part of Proposal

    The future of Michigan's Thoroughbred industry may lie squarely in the hands of three departing Republican politicians who are working against a year-end deadline to decide the fate of a legislative package that could reinvigorate racing in the state.

  • Jockey Houghton Wins 3,000th Race

    Terry Houghton, who regularly tops the standings at Great Lakes Downs, moved into an exclusive club June 3 when he became the 99th North American jockey to win his 3,000th race.

  • Here and There...

    R.D. Williams hits 3,500 winners...Rachel Lavoy out 4-6 weeks...Dogwood Dominion nomination time...Churchill Downs hosts Governor's Scholars...Arlington opens...Taylor Made interns celebrate graduation.

  • Hope Remains for Detroit Area Thoroughbred Track

    Michigan's racing commissioner said her office continues to field inquiries from companies interested in operating a Thoroughbred track in the Detroit metropolitan area, something horsemen believe is a key to any future growth for the sport.

  • Michigan in Quandary Over Purse Distribution

    Michigan Thoroughbred horsemen say their industry is dying because of the unfair and illegal way purse money is being distributed. The Michigan racing commissioner counters that she is using past precedent to distribute the purses, and that it would be illegal for her to vary from that precedent without the consent of all parties.