Gaming Permitted in Minnesota:

Tribal Casino
State Lottery
Pari-Mutuel Horse Racing
Charitable Gaming

Pari-mutuel betting is a system in which players bet against each other as opposed to the “house” or the management. The winners divide the total amount of the money wagered, minus the percentage that goes to the house, otherwise known as the rake, to pay for its expenses.

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Minnesota voters approved a constitutional amendment in 1982 to allow pari-mutuel horse racing in the state by an overwhelming margin of 64 percent to 36 percent. In 1999, the Minnesota Legislature voted to add card club gaming in conjunction with horse racing at Canterbury Park. Currently, 14 percent of the Canterbury Card Club revenues must go to improve Minnesota’s horse racing industry by increasing purses. In 2001, the Card Club added over $1.8 million to live racing purses at Canterbury Park.

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Canterbury Park is taxed by state and local governments. In 2001, the state received more than $1.4 million from Canterbury Park from pari-mutuel betting and other tax revenue, and local governments received more than $237,000 in property taxes.
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Internet Wagering Explodes

Canterbury Games Become Internet Hotbed

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The convenience of the internet wagering is causing major inconvenience for Canterbury Park and Minnesota horsemen. Online simulcast wagering and poker has grown exponentially in recent years.

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TVG, an online horse race wagering site, has seen handle grow by over 50 percent between 2002 and 2004 and is poised for another 25 percent growth this year.

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It is estimated that 60 million Americans now play poker online, a $4 billion industry worldwide.

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What does that mean for Minnesota horsemen? Canterbury's racing purses are built through wagers placed at the track. As more wagers move to the internet, less is available to build purses and provide incentive to grow Minnesota's horse industry.