Magna Entertainment Corp Results for 2005 - PariMax announced
Tuesday, February 28th, 2006Magna Entertainment Corp suffered a net loss of $105 million for year ended Dec. 31, 2005.
In announcing these results, Tom Hodgson, President and Chief Executive Officer of MEC, remarked: "2005 has been a financially challenging, yet exciting year for MEC. Developments over the past year included the sale of Flamboro Downs and our investment [...]

HOT SPRINGS, Ark. — Lawyer Ron moved a step closer to the Kentucky Derby with his fourth straight win, leading gate-to-wire for a three-quarter length victory over Steppenwolfer in Saturday’s $250,000 Southwest Stakes at Oaklawn Park.