Topic - Magna Entertainment Corp.

) is a gaming and horse racing company in North America with several holdings in Europe and Australia, and is North America's largest thoroughbred racing company, based on revenue and holdings. As of March 5, 2009, the company had entered for Chapter 11 bankruptcy.[http://latimesblogs.latimes.com/money_co/2009/03/magna-santa-ani.html] Company is now owned and operated entirely by MI Developments Inc. (MID). - Source: Wikipedia