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  #1  
Old 07-17-2008, 08:50 AM
-BT- -BT- is offline
The Curragh
 
Join Date: Mar 2007
Location: 60613
Posts: 2,622
Default Money-losing Magna Entertainment Corp.

another business venture gone bad for Franky boy. They were asking for $9 mil and got $5 mil, nice bargaining tactics

Magna Entertainment sells Michigan track
Globe and Mail Update

Money-losing Magna Entertainment Corp. has sold a track in Michigan to the Little River Band of Ottawa Indians for $5-million (U.S.) in cash.


http://www.theglobeandmail.com/servl...beSportsOther/

-bt-

Last edited by Kasept : 07-17-2008 at 09:10 AM.
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  #2  
Old 07-17-2008, 05:21 PM
2 Dollar Bill 2 Dollar Bill is offline
Churchill Downs
 
Join Date: Jun 2006
Location: South Jersey
Posts: 1,994
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There goes my 401k plan
__________________
Ole' Timer says to another leaving Keystone Race Track (Philly )
...""Its a good thing I broke even today, I really
needed the money """!!!!
Gotta Love Horse Racing !!
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  #3  
Old 07-18-2008, 07:08 AM
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Mag Mag is offline
Les Bois
 
Join Date: Dec 2007
Location: NC
Posts: 40
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And Pinnacle opens today back in the Detroit area. I hope it's on TVG or HRTV.
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