Keyword: profit

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  • Youbet Looking Beyond Racing for Growth

    Flush off a quarter in which it saw increased handle and profit, Youbet.com said May 13 it would look at possibly establishing a presence in another country in an effort to expand its wagering offerings beyond horse racing.

  • Canterbury Park Reports Lower Profit

    The parent company of Canterbury Park Racetrack reported a profit of $438,180 for 2008, which was a decline of more than 80% over the net income in 2007 for the Shakopee, Minn., racing entity.

  • MEC 2008 Loss Highest in Company History

    One day after reporting Magna Entertainment Corp. would not release an annual report due to its ongoing bankruptcy proceedings, controlling shareholder MI Developments released data showing MEC posted its highest-ever annual loss in its brief history, though it's not exactly clear what the final tally is.

  • Penn National Ready to Move Forward

    Flush with settlement funds from a failed buyout attempt from private equity groups, Penn National Gaming Inc. said July 24 it is ready to examine the many options it has for its future.