Magna Entertainment Corp. Earnings Conference Call (Q1 2008)  Today's Calls

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Call Details Magna Entertainment Corp. Earnings Conference Call (Q1 2008) Tue, May 6, 2008, 3:00 pm Eastern Listen to the archived event audio About Magna Entertainment Corp. (NasdaqGM:MECA) Magna Entertainment Corp. engages in the ownership and operation of horse racetracks in California, Florida, Maryland, Texas, Oklahoma, Ohio, Oregon, and Ebreichsdorf, Austria. It operates seven thoroughbred racetracks, one standardbred racetrack, and two racetracks that run both thoroughbred and quarterhorse meets, as well as the simulcast wagering venues at these tracks. The company also supplies live racing content to the inter-track, off-track, and account wagering markets; operates off-track betting facilities that permit customers to place wagers by telephone and over the Internet; owns 50% interest in HorseRacing TV, a television network focused on horse racing; provides totalisator services to the pari-mutuel industry; and operates casinos with alternative gaming machines. In addition, it owns and operates production facilities in Austria and in North Carolina for StreuFex, a straw-based horse bedding product; holds interests in a real estate portfolio comprising a residential development in Austria and the United States; and develops leisure and entertainment or retail-based projects. The company was founded in March 1999 as MI Venture, Inc. and changed its name to MI Entertainment Corp. in November 1999. Later, it changed its name to Magna Entertainment Corp. in 2000. The company is based in Aurora, Canada. Magna Entertainment Corp. is a subsidiary of MI Developments, Inc. More Info: Quote | Chart | News | Profile | Reports | Research | SEC | Msgs | Insider | Financials | Analyst Ratings