Maybe gambling wasn’t the answer afterall.
Canterbury Park today announced that 10-percent of its employees are being cut, citing the reduction in revenue in a bad economy.
“The downturn in the nation’s economy has had a significant adverse effect on our card room and pari-mutuel revenues,” stated Randy Sampson, Chief Executive Officer of Canterbury Park said in his news release. He also blames illegal Internet gambling.
In 2005, some state legislators wanted the state to partner with Canterbury to build a “racino,” a combination horse track and casino.