regulatory
confidence high
sentiment positive
materiality 0.65
Minnesota Racing Commission approves on-track ADW for historical horse racing at Canterbury Park
Canterbury Park Holding Corp
- MRC voted 5-1-1 to approve on-track advance deposit wagering (ADW) on historical horse racing.
- Approval allows up to 500 terminals for on-track ADW at Canterbury Park beginning May 21, 2024.
- Company submitted support materials to MRC on January 4, 2024; now granted authority from the Commission.
- This new wagering capability may generate additional revenue from historical horse racing at the track.