www.hollywoodparkracetrack.org
www.hollywoodparkracetrack.org Opened by the Hollywood Turf Club in 1938, the Hollywood Park Racetrack prides itself in an interesting history. Featuring horse racing, among other facilities, the Hollywood Park Racetrack sits just three miles from the Los Angeles Airport.
Shareholders of the big Hollywood Park Racetrack Corporation have included Bing Crosby, Al Jolson, Walt Disney, and Joan Blondell. Of the 600 shareholders, Raoul Walsh and Al Jolson were part of the founding Board of Directors. Mervyn LeRoy served as director of the Hollywood Park Racetrack from 1941 until 1986 when he died.
Due to the Second World War, Hollywood Park Racetrack was closed from the year 1942 until 1944. A big fire destroyed the clubhouse and grandstand in 1949, but was rebuilt and reopened in 1950. In 1994, a card club casino was added to the building.
For $140 million, Churchill Downs Inc., purchased the facility in 1999, but by 2005, Hollywood Park Racetrack was again sold to Bay Meadows Land Company for an outstanding $260 million in cold cash.
Among the notable events that have been held in the Hollywood Park Racetrack are the inaugural Breeders’ Cup of 1984 and the Breeders’ Cup of 1987 and 1997; the Hollywood Gold Cup in 1951, which awarded Citation, the first horse to win a million dollars; Laffit Pincay Jr.’s winning over Bill Shoemaker, breaking his all-time record of most wins by a jockey in December of 1999; and Cesario’s win in the July 2005 American Oaks, the first for a Japanese-bred racehorse in an American stakes race in fifty years.
The Hollywood Park Racetrack is also a place where everyone can enjoy a beer or two with his buddies and friends aside from enjoying his win. Today, general admission is an affordable $6 for the racing seasons of April to July and November until December.
Yahoo! Finance: Gaming Activities Industry News
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Pinnacle Entertainment amends credit facility (AP):
Casino operator Pinnacle Entertainment said Monday that it amended and restated a credit agreement, giving it $375 million of revolving credit.
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Pinnacle Entertainment Announces Refinancing of Credit Facility (PR Newswire):
On February 5, 2010, Pinnacle Entertainment entered into an amended and restated credit agreement. Terms of this amended and restated credit agreement provide the Company with a $375 million revolving credit facility with a stated maturity date of March 31, 2014.
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Pinnacle Entertainment 4th-quarter loss narrows (AP):
Casino operator Pinnacle Entertainment Inc. said Friday that cost-cutting helped narrow its fourth-quarter loss from a year earlier, but it described the period as "tough" and announced several moves to trim costs further.
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New St. Louis County casino to open march 4 (AP):
Missouri's 13th casino, and the seventh in the St. Louis area, now has an opening date. Pinnacle Entertainment Inc. said Friday that River City casino in south St. Louis County will open March 4 pending regulatory approval.
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Pinnacle to open River City Casino March 4 (at bizjournals.com)
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Pinnacle Entertainment Reports Fourth Quarter and Full-Year 2009 Results (PR Newswire):
Pinnacle Entertainment, Inc. today reported financial results for the fourth quarter and full year ended December 31, 2009.
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Pinnacle names new Lumiere Place GM (at bizjournals.com)
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Pinnacle Entertainment Appoints New General Managers for New Orleans, Downtown St. Louis Casinos (PR Newswire)
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Churchill Downs, Yum Brands partner on ‘Taste of Derby’ (at bizjournals.com)
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Churchill Downs to Kickoff Kentucky Derby Weekend with New 'Taste of Derby' Presented by Yum! Brands on April 29 (Business Wire):
LOUISVILLE, Ky.----An evening of exquisite cuisine and entertainment has been added to the roster of Kentucky Derby Week festivities as Churchill Downs Incorporated today announced plans to host Taste of Derbyâ„¢ presented by Yum!
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Pokertek Installs 40th PokerPro Table in Mexico (Business Wire):
MATTHEWS, N.C.----PokerTek, Inc., the worldwide leader in automated poker tables, announced today that it recently completed its 40th PokerPro table installation in Mexico across 19 properties.
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Pinnacle Entertainment Announces Conference Call for 2009 Fourth Quarter and Full-Year Results (PR Newswire):
Pinnacle Entertainment, Inc. announced today that it will release its 2009 fourth quarter and full-year financial results on Friday, February 5, 2010 prior to the market opening, followed by a conference call on the same day at 11:00 a.m.
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Analysis: Slump proves casinos not recession-proof (AP):
Amid the gloomy economic news of the past 18 months, Louisiana's gambling business is in a definitive recession of its own.
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Delaware OKs table gambling (at bizjournals.com)
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Dover Downs Gaming & Entertainment, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2009 (Business Wire):
DOVER, Del.----Dover Downs Gaming & Entertainment, Inc. today reported results for the fourth quarter and year ended December 31, 2009.
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Multimedia Games Nominates Timothy S. Stanley to Serve on Board of Directors (Business Wire):
AUSTIN, Texas----Multimedia Games, Inc. announced today that Timothy S. Stanley has been nominated to serve on the Company’s Board of Directors and will be presented for approval by the Company’s shareholders along with six other current board members at the Annual Shareholder’s Meeting on March 23, 2010.
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Bally Technologies Inc. Q2 2010 Earnings Call Transcript (at Seeking Alpha)
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Bally, New York Lottery ink 7-year terminal deal (AP):
Gaming equipment maker Bally Technologies Inc. on Wednesday said it signed a seven-year contract extension with New York Lottery to provide video gaming terminals at the State's eight racetrack casinos.
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Mo. regulators vote to close President Casino (AP):
Missouri gambling regulators voted Wednesday to close an aging St. Louis river boat casino, claiming the owners have intentionally slowed gambling and thus limited state revenue.
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Dover Downs Gaming & Entertainment, Inc. Declares Quarterly Dividend (Business Wire):
DOVER, Del.----Dover Downs Gaming & Entertainment, Inc. Board of Directors today declared a reduced quarterly cash dividend on both classes of common stock of $.03 per share. The dividend will be payable on March 10, 2010 to shareholders of record at the close of business on February 10, 2010.


