Shakopee, Minnesota

 Gigapower Expanding Multi-gig Fiber Internet Network to Southern Minneapolis-St. Paul

Retrieved on: 
Thursday, February 22, 2024

At a time when broadband connectivity has never been more in demand or more critical to our daily lives, Gigapower is expanding its state-of-the-art fiber network to Bloomington, Eden Prairie, Eagan, Savage, Apple Valley, Burnsville, Farmington, Lakeville, Rosemount and Shakopee.

Key Points: 
  • At a time when broadband connectivity has never been more in demand or more critical to our daily lives, Gigapower is expanding its state-of-the-art fiber network to Bloomington, Eden Prairie, Eagan, Savage, Apple Valley, Burnsville, Farmington, Lakeville, Rosemount and Shakopee.
  • Gigapower’s commercial wholesale, open access platform enables internet service providers and other businesses to access its multi-gig fiber network in select metro areas throughout the country.
  • This is made possible through the Gigapower joint venture between AT&T and BlackRock, through a fund managed by its Diversified Infrastructure business.
  • As residents and business owners need more and faster broadband, AT&T Fiber can provide the connectivity needed to power where Southern Minneapolis -St. Paul works, studies and plays.

Canterbury Park Holding Corporation Reports 2022 Fourth Quarter Results

Retrieved on: 
Monday, March 20, 2023

Results for the three month periods ended December 31, 2022 and December 31, 2021 and the twelve months ended December 31, 2022 reflected no closures or capacity limitations.

Key Points: 
  • Results for the three month periods ended December 31, 2022 and December 31, 2021 and the twelve months ended December 31, 2022 reflected no closures or capacity limitations.
  • “Canterbury Park finished 2022 with strong fourth quarter financial results that continue to demonstrate the revenue, Adjusted EBITDA and margin growth profile we have established compared to pre-pandemic periods.
  • “Progress on the development of Canterbury Commons™ continued in the 2022 fourth quarter and in the first months of 2023.
  • Further financial information for the fourth quarter and full year ended December 31, 2022 is presented in the accompanying tables at the end of this press release.

SEC Obtains Emergency Relief, Charges Couple Who Operated $18 Million Ponzi Scheme

Retrieved on: 
Tuesday, August 31, 2021

The SEC also named four relief defendants in the action entities controlled by Bullard and Romero-Bullard that received investor funds from the alleged scheme.

Key Points: 
  • The SEC also named four relief defendants in the action entities controlled by Bullard and Romero-Bullard that received investor funds from the alleged scheme.
  • In reality, according to the complaint, Bullard Enterprises stopped trading in foreign currencies in 2015, and the defendants simply used new investor money to pay purported "returns" to existing investors.
  • The SEC's complaint charges the defendants with violating the antifraud provisions of the federal securities laws.
  • The investigative team includes Justin Delfino, Krysta Cannon, and Tiffany Kunkle, and is supervised by Peter Diskin and Justin Jeffries.

Cherne relocates headquarters and manufacturing to state-of-the-art, 130,000-square-foot production facility in Shakopee, Minnesota

Retrieved on: 
Thursday, July 15, 2021

"We had acquired some robotic equipment and other automation components in recent years, but as the business grew, we simply ran out of space.

Key Points: 
  • "We had acquired some robotic equipment and other automation components in recent years, but as the business grew, we simply ran out of space.
  • Cherne can now test its entire production on premises, instead of relying on outside facilities, as had sometimes been the case in the past.
  • "No other plug maker can offer as comprehensive or as safe a testing facility as what we've built in Shakopee."
  • Cherne offers pneumatic and mechanical plugs, deflection gauges, testing equipment, tools and accessories for residential, commercial, industrial and municipal piping systems all of it made at its new headquarters manufacturing facility in Shakopee, MN.

Canterbury Park Holding Corporation Reports 2021 First Quarter Results

Retrieved on: 
Monday, May 10, 2021

Non-GAAP financial measures are not intended to be considered in isolation from, a substitute for, or superior to GAAP results.

Key Points: 
  • Non-GAAP financial measures are not intended to be considered in isolation from, a substitute for, or superior to GAAP results.
  • These factors drove a year-over-year increase in adjusted EBITDA of over 65%, and resulted in our highest first quarter adjusted EBITDA since 2018.
  • Development of this parcel is expected to begin in the fourth quarter of 2021, subject to marketing and pre-sale activity.
  • We have presented Adjusted EBITDA as a supplemental disclosure because it enables investors to understand our results excluding the effect of these items.\nCanterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.

Canterbury Park Holding Corporation Reports 2020 Fourth Quarter Results

Retrieved on: 
Wednesday, March 24, 2021

Overall, Canterbury Park was closed for over forty days in the 2020 fourth quarter and for approximately four and a half months in 2020.

Key Points: 
  • Overall, Canterbury Park was closed for over forty days in the 2020 fourth quarter and for approximately four and a half months in 2020.
  • Despite Canterbury Parks temporary closure from November 21, 2020 through the end of the year, development work on Canterbury CommonsTM continued throughout the entirety of the 2020 fourth quarter.
  • Adjusted EBITDA, a non-GAAP measure, declined 101.5% to a loss of $27,000 in the 2020 fourth quarter compared to 2019 fourth quarter adjusted EBITDA of $1.7 million.
  • Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.

Canterbury Park to Resume Operations on Monday, January 11

Retrieved on: 
Thursday, January 7, 2021

SHAKOPEE, Minn., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (NASDAQ: CPHC) (the Company) announced today that its Card Casino, simulcast, and food and beverage operations will resume operations beginning at 10:00 a.m. local time on Monday, January 11, 2021.

Key Points: 
  • SHAKOPEE, Minn., Jan. 07, 2021 (GLOBE NEWSWIRE) -- Canterbury Park Holding Corporation (NASDAQ: CPHC) (the Company) announced today that its Card Casino, simulcast, and food and beverage operations will resume operations beginning at 10:00 a.m. local time on Monday, January 11, 2021.
  • At this time, Card Casino and simulcast operations at Canterbury Park will be open to customers 24/7 subject to an attendance cap of 150 persons per defined area.
  • We are delighted to announce the resumption of Card Casino and simulcast operations at Canterbury Park and look forward to welcoming our loyal customers back to the property beginning on Monday morning, said Randy Sampson, Canterbury Park President and CEO.
  • Canterbury Park Holding Corporation owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.

Mark Chronister Elected to Canterbury Park's Board of Directors

Retrieved on: 
Friday, October 2, 2020

SHAKOPEE, Minn., Oct. 2, 2020 /PRNewswire/ --Canterbury Park Holding Corporation (NASDAQ: CPHC) ("Canterbury Park" or the "Company") announced today that Mark Chronister has been elected tothe Company's Board of Directors, effective October 1, 2020.

Key Points: 
  • SHAKOPEE, Minn., Oct. 2, 2020 /PRNewswire/ --Canterbury Park Holding Corporation (NASDAQ: CPHC) ("Canterbury Park" or the "Company") announced today that Mark Chronister has been elected tothe Company's Board of Directors, effective October 1, 2020.
  • The election of Mr. Chronister to Canterbury Park's Board of Directors increases the size of the Board to six members, five of whom are considered independent directors under NASDAQ rules.
  • Mark Chronister brings forty years of high level accounting and board leadership experience to Canterbury Park's Board of Directors.
  • Randy Sampson, Executive Chairman of the Board, President, and Chief Executive Officer of Canterbury Park, commented on Mr. Chronister's appointment, "We are delighted to welcome Mark Chronister to Canterbury Park.

Canterbury Park Holding Corporation Reports Record Fourth Quarter 2019 Net Revenue Of $12.6 Million

Retrieved on: 
Wednesday, March 25, 2020

"The fourth quarter concluded a productive year for Canterbury as we generated record fourth quarter revenue of $12.6 million and adjusted EBITDA of $1.7 million, reflecting year-over-year growth of 5% and 9%, respectively," said Randy Sampson, President and Chief Executive Officer of Canterbury Park.

Key Points: 
  • "The fourth quarter concluded a productive year for Canterbury as we generated record fourth quarter revenue of $12.6 million and adjusted EBITDA of $1.7 million, reflecting year-over-year growth of 5% and 9%, respectively," said Randy Sampson, President and Chief Executive Officer of Canterbury Park.
  • Adjusted EBITDA was $1.7 million for the 2019 fourth quarter compared to $1.6 million for the 2018 fourth quarter.
  • Net revenues for 2019 were $59.2 million, an increase of 0.1% compared to 2018 net revenues of $59.1 million.
  • Canterbury Park Holding Corporation owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.

Canterbury Park To Participate In 32nd Annual ROTH Conference On March 16

Retrieved on: 
Thursday, February 20, 2020

SHAKOPEE, Minn., Feb. 20, 2020 /PRNewswire/ -- Canterbury Park Holding Corporation (the "Company") (NASDAQ: CPHC), announced today that it will participate in the 32nd Annual ROTH Conference at The Ritz-Carlton, Laguna Niguel in Dana Point, CA on Monday, March 16, 2020.

Key Points: 
  • SHAKOPEE, Minn., Feb. 20, 2020 /PRNewswire/ -- Canterbury Park Holding Corporation (the "Company") (NASDAQ: CPHC), announced today that it will participate in the 32nd Annual ROTH Conference at The Ritz-Carlton, Laguna Niguel in Dana Point, CA on Monday, March 16, 2020.
  • At the conference, Canterbury Park President and Chief Executive Officer, Randy Sampson, and Vice President of Finance and Chief Financial Officer, Randy Dehmer, will conduct individual and group meetings with institutional investors throughout the day.
  • If you have questions about Canterbury Park or are interested in conducting a conference call with Canterbury Park management, please contact JCIR at 212-835-8500 or [email protected] .
  • Canterbury Park Holding Corporation owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State.