Any target on the chart? Last time it was here, it went straight to 264p more or less.

u better hurry up before they are 5p, lol

A private buyer has been buying up stock . Doncaster opens up thursday .

The hotel is the second phase of the exciting plans for the redevelopment of
Doncaster Racecourse. The first phase, which will cost around 32 million,
involves the replacement of the old grandstand and exhibition hall with
state-of-the-art facilities for racing, conferences and exhibitions, together
with new stabling, weighing room and stable lads' accommodation.

Phase one is scheduled for completion in August 2007, in time for the world's
oldest classic horserace, the St Leger, in September

According to RNS dated 1/8/07 the hotel will not open until 1st quarter 2009, the racecourse is due to be officially opened by Princess Anne on 12/9/07.

Chairman's investment not looking so good!

Doncaster Racecourse on schedule to stage a trial event in August 2007
and to be officially re-opened by HRH the Princess Royal on 12 September
2007, the first day of the Ladbrokes St Leger Festival , sorry its the granstand thats open .The redevelopment of Doncaster Racecourse is drawing to a close. Although our
contractor has advised us that the severe adverse weather in the area in June
caused delays to what was always a very tight schedule, we remain on target to
stage a trial event in August and for HRH the Princess Royal to officially
re-open the Racecourse on 12 September for the start of the Ladbrokes St Leger
Festival.

Further catering facilities, including a food court and champagne and seafood
restaurant, have been introduced that were not part of the original development

Got a few more at 51.25p and the sp is moving up again .

yes its moved up 0.5p after falling 18p. lol

Moving back to were it should be . This one could be a winner in 2008 with all their plans .

Excellent news re Wolverhampton this morning. Now we should start motoring.

LONDON (Thomson Financial) - Arena Leisure PLC, the racecourse operator, has received planning permission to create Britain's first 'racino' at Wolverhampton racecourse.

The UK's largest operator of horseracing fixtures said it has been informed that Wolverhampton City Council has received confirmation from the Government Office for the West Midlands that the planning application for the redevelopment of the racecourse will not be called-in for determination by the Secretary of State.

As a consequence, planning permission has now been secured, subject to finalising legal agreements with the council.

These improvements include an expansion of the hotel from 54 to 170-bedrooms, the construction of a new conference, exhibition and banqueting suite, a new leisure facility including a swimming pool and the incorporation of a casino within the racecourse, thereby creating the UK's first 'Racino'. The development will cost an estimated 23 mln stg.

In January, the City of Wolverhampton was recommended as a location for a

'small' casino by the Casino Advisory Panel. The Panel commented that: 'if the

casino happens to end up at the racecourse it would add to its uniqueness and

provide an interesting and unusual social impact test'.

The Panel's recommendations require the endorsement of Parliament and this has been delayed by the issues surrounding the 'regional' casino.

Arena said it has been reassured, however, by the Secretary of State for Culture, Media and Sport's written statement in July 2007 that: 'there was a clear consensus across all parties that the eight large and eight small casinos should be awarded to the authorities identified by the Panel'.

Arena's chief executive Mark Elliott said the Wolverhapmton plans form an important part of the company's strategy.

'We are delighted that the Government Office for the West Midlands, on behalf of the Secretary of State, recognised that the proposed development of

Wolverhampton Racecourse addressed the issues created by the Racecourse's Green

Belt location whilst, at the same time, helping to secure the long-term future

of the racecourse by further enhancing its status as a leading racing,

conferencing and leisure destination for the West Midlands region,' he said in a statement.

Arena's proposals were resubmitted last year after the original plans were rejected by former Deputy Prime Minister John Prescott because of their impact on the green belt.

The company is looking to lift revenues by developing racecourses into all-round leisure venues.

Arena has won planning permission to develop a hotel at Lingfield and has redeveloped Doncaster, where the St Leger, the oldest of the five classic horseraces, takes place next week

Arena is pleased to announce that the 2007 St Leger Festival has commenced as
planned following the 20 month redevelopment programme that encompassed a 34
million investment in Doncaster Racecourse, home to the world's oldest Classic
horserace, the Ladbrokes St Leger.

The Festival commenced on Wednesday 12 September and, over the first two days
attendances have been in line with expectations.

Ladbrokes are once again the main sponsor for the Festival. The Ladbrokes St
Leger will be staged on Saturday 15 September when the largest crowds of the
Festival are expected.

The redevelopment has encompassed a new state-of-the-art grandstand with
enhanced hospitality facilities, a new stables complex, new conference and
exhibition facilities, a modern weighing room, new accommodation blocks for
racing professionals and new racing surface on the flat-course.

Planning permission was granted earlier this year for the second phase of the
Racecourse's development, namely a combined hotel and residential development
incorporating a 120-bedroom four-star hotel, with associated restaurant and bar
facilities on the lower floors, and 34 residential apartments on the upper
floors. Construction is expected to commence on the second phase at the end of
2007 with completion anticipated for the first half of 2009.

Doncaster Racecourse is operated by a subsidiary of Arena in which Arena owns 81
per cent and Doncaster Metropolitan Borough Council owns 19 per cent although,
for the first 30 years of its operation, Arena will receive 92.5 per cent of the
subsidiary's profits. The subsidiary holds a 99-year lease over Doncaster
Racecourse.

Mark Elliott, Chief Executive of Arena Leisure Plc, commented:

'To have brought the St Leger Festival back to its home in Doncaster as planned
is a major achievement.

'The wonderful new facilities are attracting racegoers, sponsors, bookmakers and
horses, trainers and jockeys of the highest quality. Doncaster Racecourse can
now be classed as a world-class leisure, business and racing venue

I think the next move up to 70p is about to happen . Cynic one of your charts needed .

Arena Leisure reports good start to year
MoneyAM
Arena Leisure said it expects to report profits before tax and interest for 2007 of around £6m, which is in line with market expectations.

Arena, which operates seven UK racecourses, said the current year has started well and it is optimistic that it will 'move forward in 2008'.

The UK racecourse operator added that it is in discussions with 'a number of lending institutions' to secure funding for developments at its Doncaster, Wolverhampton and Lingfield racecourses, which it expects to have in place by the time its full year results are announced on March 6th.

The company also said it has signed a one-year contract to oversee the management of racing operations at the new Great Leighs Racecourse in Essex.

Arena added it will be writing down £1m of costs incurred at the end of 2005 on development work at Royal Windsor Racecourse.

Sell for now.

Arena Leisure reports good start to year
MoneyAM
Arena Leisure said it expects to report profits before tax and interest for 2007 of around £6m, which is in line with market expectations.

Arena, which operates seven UK racecourses, said the current year has started well and it is optimistic that it will 'move forward in 2008'.

The UK racecourse operator added that it is in discussions with 'a number of lending institutions' to secure funding for developments at its Doncaster, Wolverhampton and Lingfield racecourses, which it expects to have in place by the time its full year results are announced on March 6th.

The company also said it has signed a one-year contract to oversee the management of racing operations at the new Great Leighs Racecourse in Essex.

Arena added it will be writing down £1m of costs incurred at the end of 2005 on development work at Royal Windsor Racecourse.

The chart is looking fine now.

is it mitzy?

Only joking scot..sell for now.

its ok mitzy.....most shares are dreadful right now