Canterbury Park's $84M purse agreement with SMSC expires; 2023 season shortened

Canterbury Park Holding Corp

Ten-year, $84M purse enhancement agreement with Shakopee Mdewakanton Sioux Community expired Dec. 31, 2022.
2023 racing season reduced to May 27–Sep 16 with fewer race days to sustain purse levels.
Company investing over $15M in stable area improvements and building 19,000-seat amphitheater (opening 2024).
CEO hopes Minnesota Legislature includes racetracks in sports betting/gaming modernization discussions.
No new agreement reached after months of good-faith negotiations.

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