FOR IMMEDIATE RELEASE
MEDIA ADVISORY
Churchill Downs Incorporated and Magna Entertainment Corp. to Discuss Newly Announced Customer-Focused Agreements at 10 a.m. EST
AURORA, Ontario/LOUISVILLE, Ky. (March 5, 2007) – North America’s leading horse racing companies, Churchill Downs Incorporated (NASDAQ: CHDN) and Magna Entertainment Corp. (NASDAQ: MECA; TSX: MEC.A) will discuss a series of customer-focused agreements announced by both companies this morning during a teleconference with members of the media scheduled for today at 10 a.m. EST.
Media representatives may participate in the teleconference by dialing (866) 713-8565 or (617) 597-5324 for international participants and entering the pass code 30351265 at least 10 minutes before the appointed time.
Churchill Downs Incorporated (“Churchill Downs”), headquartered in Louisville, Ky., owns and operates world-renowned horse racing venues throughout the United States. Churchill Downs’ five racetracks in Florida, Illinois, Indiana, Kentucky and Louisiana host many of North America’s most prestigious races, including the Kentucky Derby and Kentucky Oaks, Arlington Million, Princess Rooney Handicap, Louisiana Derby and Indiana Derby. Churchill Downs’ racetracks have hosted seven Breeders’ Cup World Championships. Churchill Downs also owns off-track betting facilities and has interests in various advance deposit wagering, television production, telecommunications and racing services companies that support Churchill Downs’ network of simulcasting and racing operations. Churchill Downs trades on the NASDAQ Global Select Market under the symbol CHDN and can be found on the Internet at www.churchilldownsincorporated.com.
Magna Entertainment is North America’s largest owner and operator of horse racetracks,
based on revenue, including such major venues as Santa Anita Park, Gulfstream Park and
Pimlico Race Course, home of the Preakness Stakes, the middle jewel of racing’s Triple Crown.
It develops, owns and operates horse racetracks and related pari-mutuel wagering operations,
including off-track betting facilities. Magna Entertainment also develops, owns and operates
casinos in conjunction with its racetracks where permitted by law. Magna Entertainment
owns and operates AmTote International, Inc., a provider of totalisator services to the
pari-mutuel industry, XpressBet®, a national Internet and telephone account wagering
system, as well as MagnaBet™ internationally. Magna Entertainment trades on the
NASDAQ Global Select Market under the symbol MECA and the Toronto Stock
Exchange under the symbol MEC.A and can be found on the Internet at www.magnaent.com.
For more information, contact:
Churchill Downs Incorporated
Julie Koenig Loignon
Phone: (502) 636-4502
E-mail: juliek@kyderby.com
Magna Entertainment Corp.
Mike Gathagan
Phone: (310) 470-5461
E-mail: mgathagan@marylandracing.com