EXHIBIT 21

LIST OF SUBSIDIARIES

|              |                                                                         | Percent Owned                                                                    
|------------- | ----------------------------------------------------------------------- | ---------------------------------------------------------------------------------
|United States |                                                                         |                                                                                  
|              | The Santa Anita Companies, Inc. (Delaware)                              |                                                                                  
|              |                                                                         | Los Angeles Turf Club, Incorporated (California) (Santa Anita Park)              
|              | SLRD Thoroughbred Training Center, Inc. (Delaware) (San Luis Rey Downs) |                                                                                  
|              | Gulfstream Park Racing Association, Inc. (Florida)                      |                                                                                  
|              |                                                                         | Orchid Concessions, Inc. (Florida) (Gulfstream Park Food and Beverage)           
|              | Pacific Racing Association (California) (Golden Gate Fields)            |                                                                                  
|              | MEC Land Holdings (California) Inc. (California)                        |                                                                                  
|              | Remington Park, Inc. (Oklahoma)                                         |                                                                                  
|              | Thistledown, Inc. (Ohio)                                                |                                                                                  
|              | MI Racing Inc. (Delaware) (Great Lakes Downs)                           |                                                                                  
|              | MEC Holdings (USA) Inc. (Delaware)                                      |                                                                                  
|              | Bay Meadows Operating Company, LLC (Delaware)                           |                                                                                  
|              | Bay Meadows Catering Company (California)                               |                                                                                  
|              | MEC Pennsylvania Racing, Inc. (Pennsylvania) (The Meadows)              |                                                                                  
|              |                                                                         | MEC Pennsylvania Food Service Inc. (Pennsylvania) (The Meadows Food and Beverage)
|              |                                                                         | 20002 Delaware Inc. (Delaware)                                                   
|              |                                                                         | Allegheny Thoroughbred Racing Association, Inc. (Delaware)                       
|              |                                                                         | Allegheny Harness Racing Association, Inc. (Delaware)                            
|              | Mountain Laurel Racing, Inc. (Delaware)                                 |                                                                                  
|              |                                                                         | 20007 Delaware Inc. (Delaware)                                                   
|              |                                                                         | MEC Racing Management (Pennsylvania Partnership)                                 
|              | Washington Trotting Association, Inc. (Delaware)                        |                                                                                  
|              |                                                                         | 20008 Delaware Inc. (Delaware)                                                   
|              |                                                                         | MEC Racing Management (Pennsylvania Partnership)                                 
|              | GPRA Thoroughbred Training Center, Inc. (Delaware) (Palm Meadows)       |                                                                                  
|              |                                                                         | Palm Meadows Estates, LLC (Delaware)                                             
|              | MKC Acquisition Co. (Oregon) (Multnomah Greyhound Park)                 |                                                                                  
|              | MEC Land Holdings (Oregon) LLC (Delaware)                               |                                                                                  
|              | MEC Oregon Racing, Inc. (Delaware) (Portland Meadows)                   |                                                                                  
|              | MEC Dixon, Inc. (Delaware)                                              |                                                                                  
|              | MEC Texas Racing, Inc. (Delaware)                                       |                                                                                  
|              | Racetrack Holdings, Inc. (Delaware)                                     |                                                                                  
|              |                                                                         | MEC Lone Star, L.P. (Delaware) (Lone Star Park at Grand Prairie)                 
|              |                                                                         |                                                                                  
|              | MEC Maryland Ventures, LLC (Maryland)                                   |                                                                                  
|              | MEC Maryland Investments, Inc. (Delaware)                               |                                                                                  
|              | Maryland Racing, Inc. (Delaware)                                        |                                                                                  
|              |                                                                         | Laurel Racing Assoc., Inc. (Maryland) (Laurel Park)                              
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              |                                                                         | Pimlico Racing Association, Inc. (Maryland)                                      
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              |                                                                         |                                                                                  
|              | Michigan Racing, Inc. (Delaware)                                        |                                                                                  
|              | XpressBet, Inc. (Delaware)                                              |                                                                                  
|              | MEC Media Distribution Corp. (Delaware)                                 |                                                                                  
|              |                                                                         | HorseRacing TV, Inc. (Delaware)                                                  
|              | 20020 Delaware Inc. (Delaware)                                          |                                                                                  

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|       | Vista Hospitality Inc. (Delaware) (Splendido) |                                                    | 100                                            
|------ | --------------------------------------------- | -------------------------------------------------- | -----------------------------------------------
|       | Aurora Hospitality Services, Inc. (Delaware)  |                                                    | 100                                            
|       | MEC Developments, Inc. (Delaware)             |                                                    | 100                                            
|       | MEC Services Corp. (Delaware)                 |                                                    | 100                                            
|       | Fex Straw Manufacturing Inc. (Delaware)       |                                                    | 100                                            
|Canada |                                               |                                                   
|       | MEC Holdings (Canada) Inc. (Ontario)          |                                                    | 100                                            
|       | Ontario Racing Inc. (Ontario)                 |                                                    | 100                                            
|       |                                               | Flamboro Downs Holdings Limited (Ontario)          |                                                
|       |                                               |                                                    | Flamboro Downs Limited (Canada)                
|Europe |                                               |                                                   
|       | Fontana Beteiligungs AG (Austria)             |                                                    | 100                                            
|       | MEC Projektentwicklungs AG (Austria)          |                                                    | 100                                            
|       |                                               | FEX ÖKO-Faserverarbeitungs GmbH (Austria)          |                                                
|       |                                               | MEC Grundstücksentwicklungs GmbH (Austria)         |                                                
|       |                                               | Gemeinnützige Wohnungsgesellschaft "SDP" (Austria) |                                                
|       |                                               |                                                    | Gesellschaft mit beschrankter Haftung (Austria)

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