Canterbury Road

Canterbury Park Holding Corporation Reports 2022 Second Quarter Results

Retrieved on: 
Thursday, August 11, 2022
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We had a strong second quarter with revenue rising 12% to $17.8 million and adjusted EBITDA growing 1% to $3.6 million year-over-year, both of which were records for our second quarter, said Randy Sampson, President and Chief Executive Officer of Canterbury Park.

Key Points: 
  • We had a strong second quarter with revenue rising 12% to $17.8 million and adjusted EBITDA growing 1% to $3.6 million year-over-year, both of which were records for our second quarter, said Randy Sampson, President and Chief Executive Officer of Canterbury Park.
  • Canterbury Parks 65-day race meet began on May 18, 2022 and revenue in the second quarter benefitted from increased guest attendance at our live meet.
  • Work on a growing number of development projects at Canterbury Commons continued in the second quarter, including initial work on several new projects.
  • 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.

HomeJab Debuts Novel Real Estate Agent Marketing Method That Creates Real-Estate-Backed-NFTs to Promote Home Sales

Retrieved on: 
Tuesday, July 12, 2022
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CHERRY HILL, N.J., July 12, 2022 /PRNewswire/ -- HomeJab , which provides real estate agents on-demand professional real estate photography services nationwide, is debuting a new and novel marketing method that gives real estate agents a new avenue to promote homes for sale using an NFT, or non-fungible token.

Key Points: 
  • CHERRY HILL, N.J., July 12, 2022 /PRNewswire/ -- HomeJab , which provides real estate agents on-demand professional real estate photography services nationwide, is debuting a new and novel marketing method that gives real estate agents a new avenue to promote homes for sale using an NFT, or non-fungible token.
  • Real estate agents who use HomeJab for professional real estate photography for their listing can now receive a free real-estate-backed-NFT of the home as part of their order.
  • HomeJab founder and CEO Joe Jesuele emphasized that this new service for real estate agents supplements their traditional marketing efforts by exposing them to an NFT-interested audience.
  • HomeJab is America's leading on-demand professional real estate photography and video service for real estate pros.

Canterbury Park Holding Corporation Reports Record First Quarter Results

Retrieved on: 
Thursday, May 12, 2022
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Financial results for the 2021 first quarter reflect the impact of the COVID-19 pandemic, including the state-mandated closure of Canterbury Park January 1, 2021 through January 10, 2021.

Key Points: 
  • Financial results for the 2021 first quarter reflect the impact of the COVID-19 pandemic, including the state-mandated closure of Canterbury Park January 1, 2021 through January 10, 2021.
  • Canterbury Parks record first quarter results highlight the underlying strength of our operations as we continue our post-pandemic recovery.
  • Momentum at Canterbury Commons was evident in the quarter as ongoing development continued and we attracted new real estate development partners.
  • 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 Holding Corporation Reports Record 2021 Fourth Quarter Results

Retrieved on: 
Monday, March 21, 2022
EBITDA, State, Company, Work, Mission statement, Partnership, Sale, Shakopee Mdewakanton Sioux Community, Marketing, Investment, Provisions of the Affordable Care Act, Growth, GAAP, Canterbury Road, Public expenditure, SEC, Program, George H. Doran Company, Cooperative, U.S. Securities and Exchange Commission, CPHC, Industry, ERC, Calendar, Depreciation, Tax, COVID-19, Sumathi Best Television Current Reporting Award, Income, Adjustment, Financial result, COVID, Sport, Maintenance, Annual report, Table, Security (finance), Tourism, Animal, Video game, Pharmaceutical industry, Lithium, Ridesharing company, Online gambling, Bookkeeping, Race track

Financial results for the twelve months ended December 31, 2021 include the impact of the state-mandated closure of Canterbury Park which ended January 10, 2021 as well as the impact of capacity restrictions from January 11, 2021 to May 28, 2021.

Key Points: 
  • Financial results for the twelve months ended December 31, 2021 include the impact of the state-mandated closure of Canterbury Park which ended January 10, 2021 as well as the impact of capacity restrictions from January 11, 2021 to May 28, 2021.
  • Canterbury Park finished 2021 with strong fourth quarter financial results that further demonstrate our ongoing recovery since we fully reopened our business late in the second quarter.
  • Progress on the development of Canterbury Commons continued in the 2021 fourth quarter and in the first months of 2022.
  • 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 Announces Amphitheater Development for Canterbury Commons, Plans to Modernize Horse Stabling Area

Retrieved on: 
Tuesday, February 8, 2022
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Pending approval of the amphitheater development, Canterbury also plans to invest in significant improvements to its horse stabling area.

Key Points: 
  • Pending approval of the amphitheater development, Canterbury also plans to invest in significant improvements to its horse stabling area.
  • Canterbury Park has deep roots in Shakopee, and its development efforts will only strengthen our community in the future.
  • Swervo Development has been working with the City of Shakopee as the city completes an environmental review of their amphitheater development proposal.
  • The modernization of the stable area at Canterbury Park is important to the horses and people that call Canterbury Park home each summer.