Bankruptcy

Attractions Hippiques went from insolvent to officially bankrupt this morning when its proposal to creditors was rejected at a creditors' meeting in downtown

The New York City Off-Track Betting Corporation, as part of its Chapter 9 bankruptcy proceedings, has released a list of its 20 largest unsecured creditors’ claims.

Restructuring of debt by Centaur, LLC, the parent of Hoosier Park, will have no impact on racing operations at

A group of unsecured creditors have gone to court in Delaware, charging that racetrack owner Magna Entertainment Corp. fraudulently transferred more than $125 million to Frank Stronach-controlled comp...

It has been reported that MEC Pennsylvania Racing, operator of the Meadows, has filed for bankruptcy protection

According to an article by The Herald Bulletin, if Hoosier Park doesn't receive some form of relief from a lofty licensing fee and tax rate, it could soon find itself in bankruptcy

Cloverleaf Enterprises Inc., owner of Rosecroft Raceway, has filed for Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Maryland

In an opinion piece released yesterday, Quebec Trotting and Pacing Association (ATAQ) vice president Rick Karper stated that the horsepeople of Quebec are being short-changed under conditions of

Magna Entertainment Corp. ("MEC" or "the Company") (NASDAQ: MECA; TSX: MEC.A), together with certain of its wholly-owned subsidiaries, today announced that it has filed voluntary petitions for reorgan...

According to a report by the Courier-Journal, Ontario-based thoroughbred racetrack owner Magna