Canterbury Park Comments On Racino Now Headed by Senator Day

On Tuesday morning, Senator Dick Day announced he will be resigning his Minnesota Senate seat to head up Racino Now, a new organization dedicated to passing Racino legislation in Minnesota.

Senator Day has been a leading advocate at the Capitol for Racino legislation, which would authorize the addition of slot gaming at Minnesota’s two existing horse racing tracks.

The Racino proposal has consistently received the support of 70% of Minnesotans in polls. Also, according to numerous market studies, passage of Racino legislation would generate approximately $250 million in new state tax revenue every budget cycle, create thousands of new jobs, and spur growth in Minnesota’s horse industry.

Canterbury Park President Randy Sampson commented, “I’m excited about the Senator’s announcement and the enthusiasm and passion Senator Day brings to the Racino debate. Despite the support of the vast majority of Minnesotans, we continue to run into roadblocks at the Capitol. I believe Senator Day can bring the Racino discussion to the people of Minnesota and elevate the issue to a level where it can no longer be ignored by the legislature.”

Sampson concluded, “The Racino proposal still faces significant opposition at the Capitol, but I am hopeful that with Senator Day leading Racino Now on a full-time basis, Minnesota will finally get the vote it deserves on this common-sense solution to increasing our state’s revenues and creating new jobs.”

About Canterbury Park: One of Minnesota’s largest and well-known entertainment venues, Canterbury Park hosts pari-mutuel wagering and card games at its facility in Shakopee, Minnesota. Pari-mutuel wagering is offered on live thoroughbred and quarter horse races each summer, and simulcast wagering on races held at out-of-state racetracks is available year-round. Canterbury Park’s Card Club hosts a variety of poker and casino style card games 24 hours a day. Canterbury Park also derives revenues from related services and activities, such as concessions, parking, admissions, programs, and from other entertainment events held at the facility. To learn more about Canterbury Park, visit our website at www.canterburypark.com.

Cautionary Statement: This release contains or may contain forward-looking statements based on management’s beliefs and assumptions. Such statements are subject to various risks and uncertainties that could cause results to vary materially. Please refer to the Company’s SEC filings for a discussion of such factors.

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