MEC '07 losses total $113,000,000

[Cannon Shell]

Originally Posted by Cardus

MEC's board might choose to liquidate, but Santa Anita will continue to exist, and Gulfstream stands a chance to remain as a racing entity, also.

Of the others, Remington's slots could keep it in the racino business.

Why do you say this? Santa Anita will not continue to be a racetrack if it does not make money. There is no alternate form of revenue so who would step forward to buy it? If Magna entertainment gets out of the racetrack business who will buy it as a racetrack? And with the development on the property what racing entity could afford to purchase GP and keep it running? The board of Magna Int has already tried to shutdown ME in court but who stops them if Frank isnt around? His wife? I doubt she will go to the trouble.