Canterbury Park Provides Information Regarding Possible Suspension of Operations

Canterbury Park Holding Corporation CPHC reported that it could be forced to suspend all or substantially all of its operations on July 1, 2011 due to a budget impasse between Minnesota's Governor and Legislature. As Canterbury reported, without agreement before July 1 between Minnesota's Governor and Legislature on the State's budget for the biennium beginning July 1, funding for the Minnesota Racing Commission, the agency which regulates Canterbury Park's gaming operations, might be cut off as of that date and prevent the MRC from fulfilling its regulatory responsibilities until such funding was restored.