Stronach Group
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Stronach Group
Stronach Group, doing business as 1/ST (pronounced "first"), is an entertainment and real estate company in North America with thoroughbred horse racing and parimutuel gambling at the core.


History

Magna Entertainment Corporation (MEC) was created in 1999 by parent company Magna International, Magna International Inc. Magna International, a major automotive supplier based in , , underwent a corporate reorganization in which its non-automotive businesses ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Oklahoma
Oklahoma ( ; Choctaw language, Choctaw: , ) is a landlocked U.S. state, state in the South Central United States, South Central region of the United States. It borders Texas to the south and west, Kansas to the north, Missouri to the northeast, Arkansas to the east, New Mexico to the west, and Colorado to the northwest. Partially in the western extreme of the Upland South, it is the List of U.S. states and territories by area, 20th-most extensive and the List of U.S. states and territories by population, 28th-most populous of the 50 United States. Its residents are known as Oklahomans and its capital and largest city is Oklahoma City. The state's name is derived from the Choctaw language, Choctaw words , 'people' and , which translates as 'red'. Oklahoma is also known informally by its List of U.S. state and territory nicknames, nickname, "The Sooner State", in reference to the Sooners, American pioneer, American settlers who staked their claims in formerly American Indian-o ...
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Preakness Stakes
The Preakness Stakes is an American thoroughbred horse race held annually on Armed Forces Day, the third Saturday in May at Pimlico Race Course in Baltimore, Maryland (except in 2026 when it will move to Laurel Park (race track), Laurel Park during reconstruction of Pimlico). The Preakness Stakes is a Graded stakes race, Grade I race run over a distance of on dirt. Colt (horseracing), Colts and geldings carry ; filly (horseracing), fillies . It is the second jewel (or leg) of the Triple Crown of Thoroughbred Racing (United States), Triple Crown, held two weeks after the Kentucky Derby and three weeks before the Belmont Stakes. First run in 1873, the Preakness Stakes was named by a former Maryland governor after the colt who won the first Dinner Party Stakes at Pimlico. Annual "Preakness Weekend" races include both the Saturday Preakness Stakes and a Graded stakes race, Grade II race on Friday for fillies only named the Black-Eyed Susan Stakes. Attendance at the Preakness Stakes ...
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Laurel Park (race Track)
Laurel Park, formerly Laurel Race Course, is an American thoroughbred racetrack located just outside Laurel, Maryland which opened in 1911. The track is miles in circumference. Its name was changed to "Laurel Race Course" for several decades until returning to the "Laurel Park" designation in 1994. In April 2024 the Maryland General Assembly approved a bill that would consolidate thoroughbred racing in Maryland to Pimlico Race Course in Baltimore. Laurel Park is expected to host the 2026 Preakness Stakes, and then permanently close for racing once renovations at Pimlico have been completed. History Laurel Park Racecourse opened October 2, 1911 under the direction of the Laurel Four County Fair. In 1914, New York businessmen and prominent horsemen, Philip J. Dwyer and James Butler purchased the track and appointed Matt Winn as the general manager. In 1918 the field was used by Army Engineers as a training camp before deployment to France. In 1946, a stable fire broke out with 6 ...
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Santa Anita Park
Santa Anita Park is a Thoroughbred racetrack in Arcadia, California, United States. It offers some of the prominent horse racing events in the United States during early fall, winter and in spring. The track is home to numerous prestigious races, including both the Santa Anita Derby and the Santa Anita Handicap. It has also hosted the year-end Breeders' Cup races eleven times, more than any other racetrack. In 1984, Santa Anita was the site of equestrian events at the 1984 Olympics and will host once again in 2028. Since 2011, the Stronach Group are the current owners. History " Rancho Santa Anita" was owned originally by former San Gabriel Mission Mayor-Domo, Claudio Lopez, and named after a family member, "Anita Cota". The ranch was later acquired by rancher Hugo Reid, a Scotsman. The property's most widely known owner would be multimillionaire Lucky Baldwin, a successful businessman in San Francisco who greatly enhanced his wealth through an investment in the famous ...
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Tote Board
A tote board (or totalisator/totalizator) is a numeric or alphanumeric display used to convey information, typically at a race track (to display the odds or payoffs for each horse) or at a telethon (to display the total amount donated to the charitable organization sponsoring the event). The term "tote board" comes from the colloquialism for "totalizator" (or "totalisator"), the name for the automated system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets. History Parimutuel systems had used totalisator boards since the 1860s, and they were often housed in substantial buildings. However, the manual systems often resulted in substantial delays in calculations of clients' payouts. The first all-mechanical totalisator was invented by George Julius. Julius was a consulting engineer, based in Sydney. His father, Churchill Julius, an Anglican Bishop, had campaigned, in the early years of the twentieth century, aga ...
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AmTote
The American Totalisator Company, now known as AmTote International and commonly referred to as AmTote, specializes in totalisator equipment used to manage and control parimutuel betting at horse racing, greyhound racing, and jai-alai facilities. The company was founded by Harry L. Straus, a computer engineer from Baltimore, who became interested in developing a fairer system of calculating and displaying odds and payouts on parimutuel betting after an incident at a Maryland racetrack in 1927. When a horse listed at 12:1 odds won, but paid off at 4:1, Straus recognized the need for a more accurate and transparent system. He began developing his innovative machine, the totalisator, also known as the "tote board" using telephone relays in 1928. Straus' new company installed its first equipment at Pimlico Race Course in Baltimore, Maryland, which displayed odds and payouts on illuminated boards, now commonly known as "tote boards". In 1933, American Totalisator installed its fir ...
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Poker
Poker is a family of Card game#Comparing games, comparing card games in which Card player, players betting (poker), wager over which poker hand, hand is best according to that specific game's rules. It is played worldwide, with varying rules in different places. While the earliest known form of the game was played with just 20 cards, today it is usually played with a standard 52-card deck, although in countries where short packs are common, it may be played with 32, 40 or 48 cards.Parlett (2008), pp. 568–570. Thus poker games vary in deck configuration, the number of cards in play, the number Poker dealer, dealt face up or face down and the number Community card poker, shared by all players, but all have rules that involve one or more rounds of Betting in poker, betting. In most modern poker games, the first round of betting begins with one or more of the players making some form of a forced bet (the ''blind (poker), blind'' or ''ante''). In standard poker, each player bets a ...
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Florida
Florida ( ; ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders the Gulf of Mexico to the west, Alabama to the northwest, Georgia (U.S. state), Georgia to the north, the Atlantic Ocean to the east, the Straits of Florida to the south, and The Bahamas to the southeast. About two-thirds of Florida occupies a peninsula between the Gulf of Mexico and the Atlantic Ocean. It has the List of U.S. states by coastline, longest coastline in the contiguous United States, spanning approximately , not including its many barrier islands. It is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. With a population of over 23 million, it is the List of U.S. states and territories by population, third-most populous state in the United States and ranks List of states and territories of the United States by population density, seventh in population density as of 2020. Florida spans , ranking List of U.S. states ...
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Hallandale Beach, Florida
Hallandale Beach (formerly known simply as Hallandale) is a city in southern Broward County, Florida, United States. The city is named after Luther Halland, the son of a Swedish worker for Henry Flagler's Florida East Coast Railroad. It is also part of the Miami metropolitan area of South Florida. As of the 2023 census, the population was 41,547. The city is known as the home of Gulfstream Park (horse racing and casino) and Big Easy Casino, a greyhound racing track which hosts the World Classic. It also has a sizable downtown financial district with banks, brokerage houses and restaurants. Together with neighbouring Hollywood, Florida, it is a popular centre for Canadian tourists, leading to its description as "Canada's southernmost city." History Railroad magnate Henry Flagler, owner of the Florida East Coast Railway, recruited Luther Halland, a brother-in-law of Flagler's agents, to found a settlement south of the community of Dania. Halland and Swedish immigrant Olaf ...
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Gulfstream Park
Gulfstream Park is a Thoroughbred racing, Thoroughbred horse race track, casino and outdoor entertainment and shopping destination in Hallandale Beach, Florida, Hallandale Beach, Florida, United States. It is among the most important venues for horse racing in the United States, and is open 365 days a year. The venue is owned by The Stronach Group. Thoroughbred horse racing occurs year-round, defined by three distinct race meets and one invitational: * Championship Meet (December - March) * Pegasus World Cup * Royal Palm Meet (April - September) * Flamingo Festival Meet (October - November) Track attributes Gulfstream Park has three courses, each with a unique racing surface: A -mile dirt track with a backstretch chute that allows for a one-turn mile, a synthetic Track surface#Synthetic surfaces, Tapeta track measuring one mile and seventy yards, and a seven-furlong turf course. Gulfstream originally had a one-mile dirt track prior to a 2004 renovation, which enlarged the di ...
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Slot Machine
A slot machine, fruit machine (British English), poker machine or pokie (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. A slot machine's standard layout features a screen displaying three or more reels that "spin" when the game is activated. Some modern slot machines still include a lever as a skeuomorphic design trait to trigger play. However, the mechanical operations of early machines have been superseded by random number generators, and most are now operated using buttons and touchscreens. Slot machines include one or more currency detectors that validate the form of payment, whether coin, banknote, voucher, or token. The machine pays out according to the pattern of symbols displayed when the reels stop "spinning". Slot machines are the most popular gambling method in casinos and contribute about 70% of the average U.S. casino's income. Digital technology has resulted in variations in the original slo ...
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