Magna Entertainment to quit Oregon dog track

Newswire

TORONTO, Dec 23 (Reuters) - Magna Entertainment Corp. said on Thursday it will not renew its lease at an Oregon greyhound track, citing in part stiffer competition from Native Indian-owned casinos. The Canadian firm said the lease on Multnomah Greyhound Park in Portland, Oregon expires Dec. 31 and will not be renewed. It pinned the retreat on a more difficult competitive environment than when it arrived on the scene three years ago. That includes a rise in the number of Native-run ...

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