SHAKOPEE, Minn., May 15, 2019 /PRNewswire/ -- Canterbury Park
(NASDAQ:CPHC) officials today announced the hiring of Randy
J. Dehmer as Chief Financial Officer for the publicly held
racetrack, card casino, and special events destination located in
suburban Minneapolis. Dehmer
returns to Canterbury Park where he was employed from 2007 to 2013,
serving as controller from March 2012
to August 2013. Mr. Dehmer will be
leaving a position as financial controller at Clearfield, Inc. to
join Canterbury on May 30, 2019
"Randy's familiarity with Canterbury Park made him the perfect
candidate for CFO," Canterbury Park President Randy Sampson said. "His understanding of the
gaming industry and other segments of our business will be an asset
as we move toward the future. I look forward to welcoming him
back."
Dehmer, 36, is a native of St.
Michael, Minn. and graduated with a bachelor's degree in
accounting from the University of Minnesota
Duluth. He began his career at Ernst & Young, serving
there as senior accountant until he first joined Canterbury
Park.
"I am thrilled to return to Canterbury Park. They have an
excellent team in place and so many valuable employees that I have
worked with successfully in the past," Dehmer said. "I am excited
to be back as the company continues to grow and pursue the
development of its surrounding property."
Dehmer will oversee Canterbury's finance department as well as
cash operations and purchasing.
About Canterbury Park
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. The Company offers live
racing from May to September. The Card Casino hosts card games
24 hours a day, seven days a week, dealing both poker and table
games. The Company also conducts year-round wagering on simulcast
horse racing and hosts a variety of other entertainment and special
events at its Shakopee
facility. The Company is redeveloping 140 acres of
underutilized land surrounding the Racetrack in a project know as
Canterbury Commons. The Company is pursuing several mixed-use
development opportunities for this land, directly and through joint
ventures. For more information about the Company, please visit
www.canterburypark.com.
Cautionary Statement
From time to time, in reports filed with the Securities and
Exchange Commission, in press releases, and in other communications
to shareholders or the investing public, we may make
forward-looking statements concerning possible or anticipated
future financial performance, business activities or plans. These
statements are typically preceded by the words "believes,"
"expects," "anticipates," "intends" or similar expressions.
For these forward-looking statements, we claim the protection of
the safe harbor for forward-looking statements contained in federal
securities laws. Shareholders and the investing public should
understand that these forward-looking statements are subject to
risks and uncertainties which could affect our actual results and
cause actual results to differ materially from those indicated in
the forward-looking statements. We report these risks and
uncertainties in our Form 10-K Report to the SEC. They include, but
are not limited to: material fluctuations in attendance at the
Racetrack; material changes in the level of wagering by patrons;
decline in interest in the unbanked card games offered in the Card
Casino; competition from other venues offering unbanked card games
or other forms of wagering; competition from other sports and
entertainment options; increases in compensation and employee
benefit costs; increases in the percentage of revenues allocated
for purse fund payments; higher than expected expense related to
new marketing initiatives; the impact of wagering products and
technologies introduced by competitors; the general health of the
gaming sector; legislative and regulatory decisions and changes;
our ability to successfully develop our real estate; and other
factors that are beyond our ability to control or predict.
CONTACT: Randy
Sampson
(952) 445-7223
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SOURCE Canterbury Park Holding Corporation