Plans for a racino at Canterbury Park continued to progress through the Minnesota legislature when the House Committee on Regulated Industries approved a bill March 29 and sent it to the House Committee on Taxes.
Canterbury Park has unveiled a legislative proposal to support a $120-million racino development at its 380-acre site in Shakopee, Minn.
Canterbury Park Holding Corporation announced the initial approval of more than $100,000 in charitable grants through its Canterbury Park Minnesota Fund. Thirteen grants, ranging from $2,000 to $15,000, have been awarded to Minnesota organizations serving the equine industry and groups working to promote responsible gaming.
Canterbury Park in Minnesota will offer 69 days of live racing next year, the longest meet since the Shakopee racetrack reopened in 1995.
James Binger, the former owner of famed Tartan Farms in Florida, died Wednesday in Minnesota. The native of St. Paul was 88.
The fields are set for the sixth Claiming Crown, which will be held July 17 at Canterbury Park and broadcast nationally on the TV Games Network. In all, 62 horses have been entered in six races.
TVG will present live, on-site coverage of the 2004 Claiming Crown this Saturday from Canterbury Park in Shakopee, Minn.
A record 88 pre-entries have been received for the sixth running of the six-race, $550,000 Claiming Crown scheduled for July 17 at Canterbury Park in Minnesota.
The July 17 Claiming Crown, a series of six races at Canterbury Park, lured 281 nominees, organizers said June 10.
A new gambling package rose from the ashes of several rejected plans Thursday in the Minnesota Senate Tax Committee, but it was unlikely the bill would get far in the final days of session. One of the rejected plans was a proposal to add slot machines at Canterbury Park.
Canterbury Park in Minnesota will open May 14 with a 10% increase in purses. The daily average will be $138,000, the highest since the track reopened in 1995.
Shotiche, one of some two dozen sons of the great Northern Dancer remaining at stud, has been purchased by Eugene and Rita Boehlke for stallion duty at their Boehlke Farm near Waverly, Minn.
As organizers of the Claiming Crown gear up for the sixth edition of the event in 2004, the focus will be on obtaining sponsorships and getting the races into more wagering outlets around the country. Meanwhile, the National Thoroughbred Racing Association has signed on as a sponsor of the event.
Canterbury Park Holding Corp. Friday announced financial results for the third quarter and nine months ended September 30.
The Claiming Crown is scheduled to return to Canterbury Park in 2004. In five runnings to date of the event, Canterbury has hosted it four times.
Canterbury Park Holding Co. reported a decrease in net income for the first three months of 2003 compared with the same period in 2002, but an increase in revenue for the three-month period.
Canterbury Park will kick off its 63-day Thoroughbred and Quarter Horse meet May 16. Highlight of the spring/summer season is the $550,000 Claiming Crown, a five-race series scheduled for July 19.
A survey of Minnesota residents indicates 70% support a plan to open a racino at Canterbury Park as a means to raise revenue for the state budget.
Monday's vote is the first time a bill of this kind has passed out of committee in Minnesota.
The Claiming Crown, inaugurated in 1999, is on its way back to Canterbury Park in Minnesota for 2003, but the date has been moved up from previous editions of the event.
Canterbury Park has plans for a multi-purpose entertainment and gaming complex, but it hinges on legislative approval or adoption of a constitutional amendment.
Canterbury Park, which operates a successful card club in its clubhouse, and the Minnesota Horsemen's Benevolent and Protective Association have raised overnight purses by 5%. The increase is the fourth in three years.
Canterbury Park Holding reported an 11.4% increase in revenue and a 28.6% increase in net income for the first quarter ending March 31. Revenue of $8.9 million and net income of $931,038 were records.
Minnesota legislators will consider video lottery terminals for Canterbury Park. If approved, the track could double its purses and extend its meet with the help of 1,750 machines.
Canterbury Park, the Minnesota racetrack that hit rock-bottom in the early 1990s, could have its best meet since its "second coming." Officials report heightened interest in the Shakopee track's racing program, which this year will offer $120,000 per day in purses.
A card club that produced revenue of $11.3 million helped Canterbury Park Holding Corp. post record operating results for 2000. The company owns Canterbury Park, the Thoroughbred track located in Shakopee, Minn.
Casino gaming is becoming a hot topic in the upper Midwest, with a privately-managed, state-owned facility being proposed in Minnesota and three Indian groups in Wisconsin joining forces with an ailing Greyhound track in a casino proposal.
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