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Canterbury Park history
Canterbury Park company history timeline
Jacobs commented to CityBusiness in January 1994 that he bought the property because he felt it was undervalued.
In April 1994 the new owners hired Stan Bowker back as general manager of the track.
1994: Resale and Public Offering
In late 1994, Canterbury carried through on a promise to return live horse racing to Minnesota.
The new owners were hoping the earnings from the simulcast races would ensure a minimum daily purse of $40,000 for the 1995 live-race season.
The return to live racing in 1995 began with the owners officially unveiling the new Canterbury Park logo and name.
Attendance was on the rise, and Canterbury Park reported a net profit for the 1997 fiscal year of $135,788 on revenues of $18.2 million.
1999: Inaugural Claiming Crown race is held at Canterbury Park.
The Card Club was popular immediately, and allowed the track to subsidize purses twice by 10 percent during the 2000 season.
For the 2001 season, track officials increased the Card Club to the allowed maximum of 50 tables, added more card games, and improved food and beverage service.
The Claiming Crown was so well received at Canterbury that it was scheduled to be held at the site through 2007.
In June 2012 Canterbury Park and the Shakopee Mdewakanton Sioux Community, owners and operators of Mystic Lake Casino, announced a 10-year cooperative marketing and purse enhancement agreement that will add $75 million to horsemen purses over the life of the agreement.
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Canterbury Park competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Sam Houston Race Park | 1994 | $48.0M | 600 | - |
| Churchill Downs | 1875 | $2.7B | 4,500 | 423 |
| Lone Star Park | 1996 | $19.3M | 700 | - |
| Riverside Casino & Golf Resort | 2006 | $40.4M | 750 | - |
| Mardi Gras Casino | - | $4.7M | 50 | - |
| Delaware Park | 1937 | $79.8M | 165 | 55 |
| Hollywood Casino Columbus | 2012 | $8.7M | 3,000 | - |
| Hollywood Casino at Kansas Speedway | 2012 | $3.6M | 750 | 30 |
| INTRUST Bank Arena | 2010 | $2.6M | 75 | - |
| Andretti Indoor Karting & Games | 1999 | $14.0M | 3,000 | 138 |
Canterbury Park history FAQs
Zippia gives an in-depth look into the details of Canterbury Park, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Canterbury Park. The employee data is based on information from people who have self-reported their past or current employments at Canterbury Park. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Canterbury Park. The data presented on this page does not represent the view of Canterbury Park and its employees or that of Zippia.
Canterbury Park may also be known as or be related to CANTERBURY PARK HOLDING CORP, Canterbury Park, Canterbury Park Entertainment LLC, Canterbury Park Holding Corp., Canterbury Park Holding Corporation and Canterbury Park Holdings.