AURORA, ON, March 23 /PRNewswire-FirstCall/ -- Magna Entertainment Corp. ("MEC") (NASDAQ: MECA; TSX: MEC.A) today announced that it will hold a conference call on Tuesday March 27, 2007 at 11:00 a.m. EST. Michael Neuman, MEC's recently appointed Chief Executive Officer, will provide an update on MEC's operations and strategic initiatives.
The number to use for the conference call is 1-877-871-4098. Please call 10 minutes prior to the start of the conference call. The dial-in number for overseas callers is 416-620-8834. MEC will also webcast the conference call at http://www.magnaentertainment.com/. The slide presentation accompanying the conference call will be available on our website prior to the call. The conference call will be co-chaired by Frank Stronach, Chairman of MEC and Michael Neuman, Chief Executive Officer of MEC. If you have any teleconferencing questions, please call Karen Richardson at 905-726-7465.
For anyone unable to listen to the scheduled call, the rebroadcast number will be 1-800-558-5253 (reservation #21333780) and will be available until April 4, 2007. For overseas callers, please call 1-416-626-4100 (reservation #21333780).
MEC, North America's largest owner and operator of horse racetracks, based on revenue, acquires, develops, owns and operates horse racetracks and related pari-mutuel wagering operations, including off-track betting facilities. MEC also develops, owns and operates casinos in conjunction with its racetracks where permitted by law. MEC owns and operates AmTote International, Inc., a provider of totalisator services to the pari-mutuel industry, XpressBet(R), a national Internet and telephone account wagering system, as well as MagnaBet(TM) internationally. Pursuant to joint ventures, MEC has a fifty percent interest in HorseRacing TV, a 24-hour horse racing television network, and TrackNet Media Group LLC, a racing content management and distribution company.
