Race Track Canterbury Park To Suspend Operations Amid Covid-19 Concerns

Race Track Canterbury Park To Suspend Operations Amid Covid-19 Concerns

On the 18th November 2020, Minnesota Governor Walz issued and executive order to close ‘places of public accommodation’ amid growing concerns over the spread of Covid-19.

In relation to this, the owners of Canterbury Park; Canterbury Park Holding Corporation, will temporarily suspend business operations from tomorrow; 20th November 2020.

In light of this latest lockdown, the company will shutter the venue, including its Card Casino, for an initial period of four weeks until 18th December 2020.

According to reports, the venue is staying in touch with local officials and state authorities to ensure the impact of the Covid-19 pandemic and necessary measures are mitigated.

Executives at the racing track have stated that they are willing to comply with the latest measures to make paramount the health and wellbeing of employees and guests.

In addition, the venue spokesperson said the measures implemented after the previous closure were to be believed successful and that they were unaware of the virus spreading within the organisation through staff or guests.

Following the outbreak of the virus in Minnesota and other states, Canterbury Park implemented a Preparedness Plan, which included enhanced sanitization and the practice of physical distancing in both the casino and race track.

Canterbury Park President and CEO Randy Sampson made the following statement on the current situation and prospect of reopening:

“The health and well-being of our team members and guests will always be our paramount concern.

During the time earlier this year that Canterbury Park was closed due to COVID-19 and since the June resumption of operations with certain limitations, we put in place a detailed COVID-19 Preparedness Plan, including enhanced sanitation protocols and the promotion of social distancing throughout our Card Casino and racing operations.

We believe this plan has been successful and are unaware of any spread of the virus amongst our team members or guests related to our operations since we reopened. We are committed to maintaining the same high level of diligence around our COVID-19 Preparedness Plan once we are able to resume operations after this temporary suspension.

“Over the last eight months, we have focused on conserving cash and maintaining the financial flexibility needed to manage through the pandemic including this new temporary suspension of our operations, while continuing our real estate development operations.

Our focus has allowed us to generate positive cash flow in the 2020 third quarter, consistent improvements in our financial performance throughout the third quarter, and momentum carrying forward into the first month of the 2020 fourth quarter. As a result, we have no current borrowings on our line of credit, positioning Canterbury Park with the needed liquidity and flexibility for long-term health and growth.”

Sampson concluded with details of the company’s priorties and importance of health and safety in the local community:

“Our dedicated Canterbury family of employees is of utmost importance to us and we greatly appreciate their patience and support during the ongoing uncertainty caused by the COVID-19 pandemic.

We will continue to communicate directly with our employees and the greater Canterbury Park community if we become aware of new developments and will post updated information on our website as it becomes available.

Our goal is to reopen our Card Casino, simulcast and special events operations following the mandated four week temporary suspension and look forward to a brighter future as restrictions on our operations are lifted.”

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