11/15/2004 12:00AM

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Maxxam, Inc., whose holdings include Sam Houston Race Park and a dog track, reported a net loss of $20.2 million for the third quarter of 2004. The company's racing operations lost $1.5 million for the quarter that ended Sept. 30, as opposed to $700,000 during the corresponding period a year ago, with the main reason cited as lower average attendance at Sam Houston. . . . Suffolk Downs canceled Saturday's racing after jockeys expressed concern over track conditions on the heels of a snow storm. Racing resumed Monday over a sloppy track.