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AmTote, Attractions Hippiques Quebec sign deal

30 August 2007

RA, Ontario -- (PRESS RELEASE) -- Magna Entertainment Corp. ("MEC") (NASDAQ: MECA; TSX: MEC.A) announced today that its wholly-owned subsidiary AmTote Canada, Inc. ("AmTote Canada") has entered into a Totalisator Service Agreement with Attractions Hippiques Quebec Inc. ("AHQ"), which owns and manages racetracks in Montreal, Quebec City, Aylmer and Trois-Rivieres, as well as the Hippo Clubs du Quebec off-track network and PariTel / WebPhoneBet account wagering services. AmTote Canada will continue to be the tote services provider to AHQ for a 10-year term commencing January 2008. Financial terms were not disclosed.

"We are excited at continuing to develop our relationship with AHQ" says Steve Keech, President of AmTote International, Inc. ("AmTote"). "By providing patrons of AHQ with proven pari-mutuel wagering technology, along with new wagering tools derived from our significant investment in wagering innovation, we expect to help AHQ revitalize harness racing in Quebec. Building on our recent long-term partnership with Woodbine Entertainment Group, this transaction represents another vote of confidence in AmTote and our commitment to horseracing world wide."

"At AHQ, we seek to work closely with proven industry players who provide innovative services and are passionate about the success of the horse racing industry. Simply put, AmTote fits this model", says Ian Wetherly, Chief Operating Officer for Attractions Hippiques Quebec Inc.

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