Generate Substantial New Gaming Tax Revenues.

According to a conservative market analysis based on the addition of 3,000 slot machines and banked blackjack at Canterbury Park, the Racino would generate $100 million every year in new state tax revenue once fully operational.

Combined with a $100 million up front fee, the Racino could net the state over $175 million in revenue in the coming biennium.

Create New Jobs.

According to the market study, the Racino would directly create 1,300 new full and part-time jobs at the Shakopee facility, as well as the equivalent of over 650 full-time jobs during the construction of the Racino. Canterbury Park has signed a card-check neutrality agreement with the Hotel Employees and Restaurant employees Union Local No. 17 and has the support of a number of unions throughout Minnesota.

Energize Minnesota's Horse and Agriculture Economy.

A University of Minnesota report recently concluded that Minnesota's horse industry is worth nearly $1 billion to the state's economy each year. However, the economic value and impact of horses could grow substantially with additional investments in racing and horse shows. The Racino at Canterbury Park would do both.

The Racino would more than double purses for live racing at Canterbury Park, which would spur growth in horse breeding levels throughout the state. Every state that has authorized a Racino has experienced substantial growth in the size and impact of its horse industry. Additionally, as part of the Racino project, Canterbury Park would construct a world class equestrian park, igniting growth in Minnesota's show horse community.

Minnesotans Support the Racino at Canterbury Park.

Four separate statewide polls have found that over 70 percent of Minnesotans support the Racino at Canterbury Park and want to use the new state gaming tax revenues for critical services such as local education and funding for nursing homes.

According to surveys, more than 80 percent of Minnesotans gamble in some form each year. The market for gaming in Minnesota is growing, as evidenced by the continual expansion of Tribal casinos.