The Proposal
The Benefits
The Horsepark
Minnesota Support for a Racino
Racino Success in other States
About Canterbury Park
Glossary of Terms
FAQ

CANTERBURY CARD CLUB
A card club, such as the one at Canterbury Park, offers a variety of poker-style games and casino games such as blackjack. Canterbury’s Card Club offers unbanked card games where players bet against each other instead of the house.In 1999, the Minnesota Legislature authorized licensed horseracing tracks to operate card clubs. Canterbury Park opened its card club in April 2000. The club, open 24 hours a day, offers 50 card tables but no slot machines. Of total card club revenues, 14 percent is directed to increasing race purses. (Of this 14 percent, 10 percent goes to the Minnesota Breeders’ Fund.) The remaining 86 percent goes to Canterbury’s administrative expenses, such as payroll, maintenance, etc.  In 2004, the Card Club added over $4 million to live racing purses at Canterbury Park.


CANTERBURY DOWNS

The horseracing track that first began operating in Shakopee in 1985. It closed its doors in 1992, never having made a profit.


CANTERBURY PARK

Under a new name and new ownership, Canterbury “Park” opened its doors in 1995 on the former grounds of Canterbury Downs. It offers live horse racing during the summer and simulcast tele-racing throughout the year, along with a premiere card club facility. Throughout the year, Canterbury Park hosts concerts, snowmobile races, craft shows, business meetings and other events at its 380-acre facility.


CASINO

A gaming facility that normally includes all or a combination of the following: slot machines, video games, card games, and other games such as keno, craps, and bingo.


CHARITABLE GAMING

Charitable gaming is conducted for the benefit of non-profit organizations and includes games such as bingo, raffles, paddlewheels, tipboards, and pull-tabs. There are currently over 1,500 charitable gambling licenses granted in Minnesota with operations at over 2,000 locations. Minnesota ranks number one in the nation for charitable gaming.


HANDLE

The total amount wagered at a gambling facility. The handle is considered to be an indicator of a gaming establishment’s success.


MINNESOTA BREEDERS’ FUND

The Breeders’ Fund was created to provide monetary incentives to enhance Minnesota’s horse racing industry and to encourage participation by Minnesotans. The fund is monitored by the Minnesota Racing Commission. Funds are distributed to the horse racing industry in the form of purse supplements, breeders awards and stallion awards. The fund is distributed in three percentages with 62 percent going to purses, 31 percent going to Minnesota thoroughbred breeders, and 7 percent going to stallion awards.


MINNESOTA STATE LOTTERY
The Minnesota State Lottery is a state agency that controls instant scratch and numbers games (e.g. Powerball). It was established by a constitutional amendment approved by Minnesota voters in 1988 by a margin of 59 percent to 41 percent.


PARI-MUTUEL BETTING

A form of betting used with horse racing in which those who bet on the winners divide the bets or stakes, less a percentage for the management and other fees. Minnesota voters approved a constitutional amendment in 1982 to allow pari-mutuel horseracing in the state.


PURSE
The money given as a prize in a horse race. The bigger the purse, the higher quality horses a race will attract. Daily purses at Canterbury have risen to about $120,000. The Racino at Canterbury Park proposal calls for an additional $18 million each year to supplement live racing purses at Canterbury Park.


RACINO
A gaming facility that combines a horseracing track with other casino games.


RAKE
A fee that a casino or card room charges for each hand. The rake is typically a percentage or flat fee that's taken from each pot after each round of betting. The rake fee compensates the gaming company for use of its facilities. (Poker and card players bet against each other instead of against the casino.)


SIMULCAST RACES
The live simulcast at one racetrack of horse races underway at another racetrack. Otherwise referred to as tele-racing. Canterbury Park can accommodate up to 5,000 simulcast patrons.


UNBANKED CARD GAMES

Card games where guests pay against one another instead of the house. Canterbury Park’s Card Club is the first and only facility in Minnesota to offer unbanked card games.