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Magna Entertainment Corp.(USA)
337 Magna Drive
Phone: (905) 726-2462p:905 726-2462 Aurora, ON  L4G 7K1  Canada Ticker: MECAQMECAQ
This company is no longer actively traded on any major stock exchange.
Business Summary
Magna Entertainment Corp. (MEC) owns horse racetracks in California, Florida, Maryland, Texas, Oklahoma, Ohio, Oregon and Ebreichsdorf, Austria. In addition, the Company under a management agreement, operates a racetrack in Pennsylvania. It supplies, via simulcasting, live racing content to the inter-track, off-track and account wagering markets. It operates or manages seven thoroughbred racetracks, one standardbred (harness racing) racetrack and two racetracks that run both thoroughbred and quarterhorse meets. The Company has two principal operating segments: racing and gaming operations, and real estate and other operations. In March 2009, the Company filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware and will seek recognition of the Chapter 11 proceedings from the Ontario Superior Court of Justice under section 18.6 of the Companies' Creditors Arrangement Act in Canada.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/200812/31/2007YesYes---

Industries
SIC Code Description
7999 Amusement and recreation services, not elsewhere classified
7948 Racing, including track operation

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board FrankStronach 78 4/7/2009 11/1/1999
Interim Chief Executive Officer Gregory F.Rayburn 49 4/7/2009 4/7/2009
Chief Financial Officer, Executive Vice President Blake S.Tohana 41 7/28/2003 7/28/2003
9 additional Officers and Directors records available in full report.

Business Names
Business Name
1180482 Ontario Inc
30000 Maryland Investments LLC
40000 Delaware Inc.
73 additional Business Names available in full report.

General Information
Number of Employees: 5,300 (As of 12/31/2007)
Outstanding Shares: 5,516,757 (As of 12/15/2008)
Shareholders: 585
Stock Exchange: OTC
Federal Tax Id: 980208374
Fax Number: (905) 726-2585
Email Address: MECinvestors@magna.on.ca


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Saturday, July 22, 2023