Illinois Bill Finds New Life May 30, 2011 On Friday, May 27 a bill which will see racetracks in Illinois transform into racinos cleared a House Committee. The bill had been voted down and thought to be dead just
MID Shareholders Approve Proposal March 29, 2011 MI Developments Inc. today announced that its shareholders have approved the previously announced reorganization proposal to eliminate MID's dual class share structure (the 'Arrangement').
MID Appoints Avioli Racing & Gaming Division President And CEO March 04, 2011 MI Developments Chairman and Chief Executive Officer Frank Stronach announced today that the former Breeders’ Cup Limited President and CEO Greg Avioli, who after a successful five-year stint as its h...
MD Slot Revenue To Offset Track Overhead? January 28, 2011 The office of Maryland Governor Martin O'Malley this week proposed legislation which would see proceeds from slots gaming funnelled to the Laurel and Pimlico racetracks for thoroughbreds in order to o...
No 2011 Maryland T-Bred Schedule In Place; State Of Preakness Currently Up In Air November 30, 2010 On Monday, November 29, Maryland's racing commission rejected a plan from racetrack owners which would've seen a total of 47 race dates in 2011 -- roughly one-third of the schedule which was raced in ...
Disagreement Over Tracks In Maryland November 10, 2010 Agreement to disagree, big time, has broken out in the Maryland horse racing industry
How About A $10-Million Guaranteed Payout? October 20, 2010 If you had an opportunity to handicap an exotic wager which would return $10 million to you if you won, would you be interested?
'We’ll Get The Law Changed' September 03, 2010 That was the confident boast of MI Developments CEO Dennis Mills in a story by Daily Racing Form’s Matt Hagerty on Mills announcing that Magna’s Gulfstream Park was installing lights, des
CA Exchange Wagering On Hold August 31, 2010 The last minute attempt to rush through an exchange betting rule in California has been slowed
Commission Rules In Favour Of MID September 15, 2009 On Monday, September 14, MI Developments Inc. announced that the Ontario Securities Commission dismissed claims made by certain MID Class 'A' shareholders challenging MID's ability to rely on certain ...