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Magna Entertainment Corp.

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Top Magna Entertainment Corp. Articles see all

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  • Dividing up the casino winnings

    Dividing up the casino winnings
    Tens of billions of dollars have been wagered in the state's casinos since the state legalized slot machines and table games — spinning off funds for schools, the horse racing industry and local programs that have financed everything from paving and police to iPads and small business loans.
  • Stronach plans IPOs for six racehorse-ownership firms

    Stronach plans IPOs for six racehorse-ownership firms
    Frank Stronach, Pimlico's owner and a successful breeder, wants to bring horse ownership to the masses — by selling stock in six new racehorse investment companies. For $10 a share, investors could own a piece of thoroughbreds that would be trained...

    The Interview: Greg Avioli

    The Interview: Greg Avioli
    Greg Avioli is not new to thoroughbred racing. But the former chief executive of the Breeders' Cup race still faces a difficult task in running The Stronach Group's racing business, which took full control of the financially ailing Maryland Jockey Club...

    Stronach in charge of Pimlico, Laurel Park

    The latest owner of Laurel Park and Pimlico Race Course says the Preakness is the key to turning around the state's horse racing industry. Greg Avioli, who heads The Stronach Group's racing business, told state regulators Friday that the second leg of...

    State's gambling future taking shape

    State's gambling future taking shape
    Through the first three years of the state's slots program, the opportunity to build a casino in Baltimore drew only one bidder — and that investor was disqualified after failing to make payments and meet deadlines. But now the city slots license...