Hollywood Park Stake: Thomas W. Gamel reported...

Hollywood Park Stake: Thomas W. Gamel reported that he has increased his stake in the Hollywood Park to 5.6% from 4% since calling for the resignation of Marjorie L. Everett, chairman and chief operating officer, in a Feb. 28 letter to stockholders. As reported, Gamel’s letter also urged that the Inglewood company stop thoroughbred racing at its Hollywood Park track and sell its Los Alamitos race track and adjacent property. Everett had rejected Gamel’s suggestions. Gamel is president of Timpte Industries.