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Canterbury Park Sees Gain in Income

Canterbury Park Sees Gain in Income

Canterbury Park's parent company reported increased income during the third quarter of 2007 despite experiencing a 5% decline in total handle since the beginning of the year.

Despite Concern, Horsemen OK Hub Licensing Deal

Despite the opinion of its general counsel that the action could be "fraught with legal risk," the National Horsemen's Benevolent and Protective Association board of directors voted July 16 to endorse a licensing agreement with a group that plans to operate a wagering hub for the benefit of horsemen in North America.

Locals, Eclipse Award Winner Claim Crowns

Locals broke the bank early Saturday evening at Minnesota's Canterbury Park with upset victories in three of seven races that comprised the Claiming Crown, but it was an Eclipse Award-winning owner who took home the top prize in the featured $150,000 Claiming Crown Jewel.

Again, No Apparent Handle on Pari-Mutuel Handle

A two-hour discussion on account wagering and secondary pari-mutuel operations July 14 again revealed horsemen have knowledge of situations that suck revenue from purse accounts, but no definitive national strategy to recoup the money.

National HBPA Has NTRA Membership Plan

The National Horsemen's Benevolent and Protective Association is moving ahead with plans to implement a lump-sum payment that would reduce its annual National Thoroughbred Racing Association membership dues by about 50% but almost triple the number of NTRA-member HBPA affiliates.

Heat Brings Free Admission, Water for Claiming Crown

With the temperature expected to hover near 100 degrees in the Minneapolis-St. Paul area this weekend, Canterbury Park has decided to offer free admission for this Saturday's $600,000 Claiming Crown.

Committee to Look at California Medication Thresholds

The National Horsemen's Benevolent and Protective Association Medication Committee will review California research that helped develop thresholds for two therapeutic medications during its meeting July 14 in Bloomington, Minn., as part of the National HBPA summer convention.

Three Handicapping Contest Berths at Stake

Fans may now register for the 2005 Claiming Crown Handicapping Contest keyed to the July 16 Claiming Crown at Canterbury Park in Shakopee, Minn. The online contest challenges handicappers to pick one horse in each of the 11 live races run that day.

'Claiming Crown' to be Broadcast on HRTV

The Claiming Crown, which will offer $650,000 in purses for seven races, will be broadcast live on HorseRacing Television July 16 from Canterbury Park in Minnesota.

Canterbury Park Minnesota Fund Debuts, Charity Grants Approved

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 Slots Measure Defeated in Committee

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.

Claiming Crown Gains More Support From NTRA

Claiming Crown Gains More Support From NTRA

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: Net Income Down, But Revenue Up

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, Horsemen Sign Off on Purse Increase

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 Pursues VLTs

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.

Card Club Deals Good Hand at Canterbury

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 Proposals Intensify In Upper Midwest

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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