Canterbury Park Holding Corporation (NASDAQ:CPHC) was founded in 1994 and is headquartered in Shakopee, Minnesota, USA, with 273 full-time employees. It is a racetrack, poker and other gaming club operators.
Canterbury Park Holding (CPHC):
Canterbury Park Holding Corporation is mainly engaged in the business of betting on thoroughbred horses and season horses, and owns and operates the Shakope Racecourse in Minnesota. In addition, the company also provides overseas TV live broadcast lottery betting for racecourse races.
The history of Canterbury Park Holding (CPHC):
- The company was originally founded by Walter Brooks Fields, Jr. and a group of investors, named Canterbury Downs;
- In 1990, Ladbroke Racing Corporation acquired Canterbury and renamed it New Canterbury Downs;
- In December 1992, New Canterbury Downs closed;
- At the end of 1993, Irwin L. Jacobs bought Canterbury and later sold it to Curtis and Randy Sampson. Sampsons worked hard to revitalize Canterbury, reopen it, and quickly get out of debt;
- In January 1995, Canterbury Downs officially changed its name to Canterbury Park;
- Due to the closure of the Minnesota state government in 2011, Canterbury Park was forced to close;
- On July 20, 2011, Canterbury Park reopened to welcome guests;
- In June 2012, Canterbury Park and Shakopee Mdewakanton Sioux Community signed a 10-year cooperation agreement.