LOS ANGELES-- Betfair Hollywood Park will close by year's end and the 75- year-old racetrack property in Inglewood that hosted Seabiscuit and the first Breeders' Cup in 1984 will be developed with new housing and retail by its owner.
SANDUSKY, Ohio-- Theme park operator Cedar Fair LP said Wednesday its first-quarter loss widened, largely as a result of debt-related charges. For the quarter ended March 31, Cedar Fair posted a loss of $109.1 million, or $1.95 per unit, compared with a loss of $65.4 million, or $1.18 per unit.
April 18- Blackstone Group LP's SeaWorld Entertainment Inc priced its initial public offering of 26 million shares at $27 per share, the top end of its planned price range, according to an underwriter. Orlando, Florida- based SeaWorld' s IPO raised $702 million and valued the theme-park operator at slightly over $2.5 billion.