AURORA, ON, July 21 /PRNewswire-FirstCall/ — Magna Entertainment Corp. (”MEC”) (NASDAQ: MECA; TSX: MEC.A) announced today that Scott Borgemenke will leave his position as Executive Vice President, Racing effective July 18th.
“Scott has helped MEC move forward on a number of important operational initiatives. We very much appreciate his efforts, and we wish him well,” said Frank Stronach, MEC Chairman and Chief Executive Officer.
Scott Borgemenke stated: “MEC is a company with enormous growth opportunities. I wish my friends there nothing but success, and will continue to provide any counsel I can. I will watch intently as the MEC team implements its strategic plan. Unfortunately, at this point in my life, my corporate and family responsibilities conflict.”
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(R), a 24-hour horse racing television network, and TrackNet Media Group LLC, a content management company formed for distribution of the full breadth of MEC’s horse racing content.
Magna Entertainment Corp.

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Chris Moneymaker is a legend of online poker. His contribution to online poker games is undeniable. He showed everybody that poker is a game that everyone can be successful in.

Chris Moneymaker (this is his actual name, not a pseudonym, his birth name being Christopher Bryan Moneymaker) was born on November the 21^st 1975 in the city of Atlanta.

Chris Moneymaker truly lived up to his name. He was working as an accountant when he enrolled in an online poker tournament with a 39$ fee. He worked his way through the ranks and managed to qualify to the prestigious World Poker Tour in 2003.

Although the tournament was mostly attended by professional poker players, the novice and humble Chris Moneymaker actually won the tournament and the staggering prize of 2.5 million U.S. dollars!

This is what made him truly live up to his name. He is the real moneymaker, turning 39$ into 2.5 million.

Although Chris achieved this amazing performance, he didn’t only make money for himself. After his win on the 2003 World Poker Tour the online poker industry was booming and site owners were making a lot of money.

Today the situation changed little. Online poker tournaments present an opportunity for many people who want to make a buck.