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Magna Entertainment posts Q1 loss of $4.1M US; revenues fall 14% (Canadian Press via Yahoo! News)
TORONTO (CP) - Despite mounting financial losses, Magna Entertainment Corp. is poised to become "the largest, most profitable company in the world" as Internet and televised betting on horseracing widens globally, founder and chairman Frank Stronach vowed to shareholders Monday.

940 NEWS (940 News)
Magna Entertainment posts Q1 loss of $4.1M US; revenues fall 14% at 14:33 on May 2, 2005, EST.

Magna Entertainment Corp. announces results for the first quarter ended March 31, 2005 (PR Newswire via Yahoo! Finance)
Magna Entertainment Corp. today reported its financial results for the first quarter ended March 31, 2005.

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