Your Ask The Experts ID
is separate from your
Order Online Account ID
 Race of the Week:  2023 Breeders' Cup Days Final Figures Santa Anita 3-4 November 2023  • 1 Specials Available
Order Online
Buy TG Data
Complete Menu of
TG Data products
Simulcast Books
Customize a Value
Package of Select
TG Data
Sheet Requests
Order The Last Figure for Any Horse
Free Products
Redboard Room
Download and Review previous days' data.
Race of the Week
With detailed comments
ThoroTrack
Email notification when your horse races
Information
Introduction
For newcomers.
Samples and Tutorials
For Horsemen
Consulting services and Graph Racing
Sales Sites
Where to buy TG around the country
Archives
Historical races and handicapping articles
Handicapping
Hall of Fame
Major handicapping contest winners
Home Page
Re: Magna down 20% (536 Views)
Posted by: brokerstip (IP Logged)
Date: January 16, 2004 04:15PM

Magna is an interesting stock.

Dave Rocker's hedge fund had a large position last I heard.
The optimists are looking at a gaming bonanza.
At this juncture, Flamboro in Canada is the only Magna track that has slots. (I'm pretty sure that is the case)
Pa. is very very close to a slots deal and Magna owns the Meadows in Pittsburgh area.

So, there is momentum there as well as Maryland from what I hear.

In other gaming/track news, Penn Gaming just bought Bangor and Scarborough Downs in Maine. Bangor passed a slots resolution recently while Scar rejected it locally. (they are looking to make compromise).
Of course, Penn owns Charlestown and a number of riverboats etc. They are more of a gaming company than a track operator at this point. But, they still own Penn in Grantville Pa. (near Harrisburg) and Pocono Downs in Wilkes-Barre Pa. So, slots seems to be in their picture as well.

Churchill has some prospects with their properties as well.....

Just FYI

Brokerstip



Subject Written By Posted
Magna down 20% (918 Views) OPM 01/13/2004 11:28PM
Re: Magna down 20% (575 Views) Silver Charm 01/14/2004 09:55AM
Re: Magna down 20% (536 Views) brokerstip 01/16/2004 04:15PM
Re: Magna down 20% (502 Views) brokerstip 01/16/2004 04:16PM


Sorry, only registered users may post in this forum.
This forum powered by Phorum.

Thoro-Graph 180 Varick Street New York, NY 10014 ---- Click here for the Ask The Experts Archives.