Canterbury Park

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Canterbury Park Holding Corporation

Type	Public (AMEX: ECP)
Founded	1985 in Shakopee, Minnesota, USA
Headquarters	Shakopee, Minnesota, USA
Industry	Horse Racing
Website	www.canterburypark.com

Canterbury Park is a horse racing track located in Shakopee, Minnesota, USA. It runs a meet that consists of 69 racing days from early May to Labor Day, generally holding scheduled races Thursday through Sunday, with racing added on several holidays throughout the meet. The track itself features a one mile oval dirt track and a seven furlong turf course. Outside seating is available along with several indoor seating options. The track runs multiple food stands and bars throughout the building and simulcast betting is also offered.

Canterbury Park has hosted the Claiming Crown of horse racing for eight of its ten years.

The park also includes a card club. The poker room has 34 tables and spreads games of primarily Texas Hold'em. The facility is open 24 hours per day, with simulcast racing year round and the card club. Canterbury has been the host of the Claiming Crown all but two years since its inception in 1999. A movement to add slot machines and video poker to the mix has been active for several years but has been met with some opposition. The so called "Racino" concept is still on the drawing board and little action was seen on the issue during the 2006 legislative session.

[edit] History

Canterbury opened in 1985 under the name Canterbury Downs after Minnesotans voted to allow pari-mutuel betting in the state. In 1990, Canterbury was bought by Ladbroke Racing Corporation and was renamed New Canterbury Downs. In December of 1992, it closed its doors for unspecified reasons. In late 1993, Canterbury was bought by Irwin Jacobs, who quickly sold it to Curtis and Randy Sampson. Shortly after the sale, the Sampsons worked to revitalize Canterbury, so that it reopened its doors to simulcasting, and it quickly removed itself from debt. In late 1994, Canterbury carried through on a promise to return live horse racing to Minnesota. In January of 1995, Canterbury Downs officially changed its name to Canterbury Park.

[edit] Poker Room

Canterbury Park

As of August 2006, the Canterbury Park poker room spreads $2/$4, $3/$6, $4/$8, $6/$12, $8/$16, $15/$30, and $30/$60 limit Texas Hold'em. All of these have multiple tables running 24 hours a day except $30/$60, which starts weekday mornings and typically ends around 2 a.m. In addition, $2/$4 and $3/$6 Seven card stud games, a $4/$8 Seven card stud hi/lo game, and $4/$8 and $10/$20 Omaha hi/lo games are spread. Due to state law, a $60 maximum bet is allowed, and No Limit Texas Hold' em is not spread as a cash game, but weekly tournaments occur on Wednesdays.

Canterbury Park observes the forward moving button rule for cash games, wherein players must always post their big and small blinds in order despite the position of the button. As per the Tournament Director's Association rules, tournaments are run with a dead button.