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Magna reports loss of $113M in 2007 Magna

February 29th, 2008 · No Comments

Magna reports loss of $113M in 2007
Magna Entertainment Corp., the largest owner and operator of racetracks in North America, lost $113.8 million in 2007, including $43.0 million in the fourth quarter, according to financial documents the company released on Friday morning.

Committee passes Ky. casino bill in second vote
A committee in the Kentucky House of Representatives passed a bill during an unscheduled meeting on Wednesday that would ask voters to approve nine casinos in the state.

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