It\'s good to see this. Also, AmericaTab is up 50% especially when they offered the 7% rebate, hopefully this will lead to more rebates for all players.
I told some people when Stronach took over that at least he is willing to try and make changes so lets give him a chance.
However, I also said that if his ideas do not work there will be some very good properties for sale and a lot cheaper than what Stronach paid for them.
Magna is an interesting stock.
Dave Rocker\'s hedge fund had a large position last I heard.
The optimists are looking at a gaming bonanza.
At this juncture, Flamboro in Canada is the only Magna track that has slots. (I\'m pretty sure that is the case)
Pa. is very very close to a slots deal and Magna owns the Meadows in Pittsburgh area.
So, there is momentum there as well as Maryland from what I hear.
In other gaming/track news, Penn Gaming just bought Bangor and Scarborough Downs in Maine. Bangor passed a slots resolution recently while Scar rejected it locally. (they are looking to make compromise).
Of course, Penn owns Charlestown and a number of riverboats etc. They are more of a gaming company than a track operator at this point. But, they still own Penn in Grantville Pa. (near Harrisburg) and Pocono Downs in Wilkes-Barre Pa. So, slots seems to be in their picture as well.
Churchill has some prospects with their properties as well.....
Just FYI
Brokerstip
Magna is an interesting stock.
Dave Rocker\'s hedge fund had a large position last I heard.
The optimists are looking at a gaming bonanza.
At this juncture, Flamboro in Canada is the only Magna track that has slots. (I\'m pretty sure that is the case)
Pa. is very very close to a slots deal and Magna owns the Meadows in Pittsburgh area.
So, there is momentum there as well as Maryland from what I hear.
In other gaming/track news, Penn Gaming just bought Bangor and Scarborough Downs in Maine. Bangor passed a slots resolution recently while Scar rejected it locally. (they are looking to make compromise).
Of course, Penn owns Charlestown and a number of riverboats etc. They are more of a gaming company than a track operator at this point. But, they still own Penn in Grantville Pa. (near Harrisburg) and Pocono Downs in Wilkes-Barre Pa. So, slots seems to be in their picture as well.
Churchill has some prospects with their properties as well.....
Just FYI
Brokerstip