Canterbury Park (Nasdaq: CPHC) (formerly Canterbury Downs), is a horse racing track in Shakopee, Minnesota, United States. Canterbury Park Holding Corporation ("Canterbury Park") hosts parimutuel wagering on live thoroughbred and quarter horse racing at its facilities in Shakopee and parimutuel wagering on races held at out-of-state racetracks that are simulcast to the racetrack. In addition, the Canterbury Park Card Casino operates 24 hours a day, seven days a week, and is also regulated by the Minnesota Racing Commission. Casino games include blackjack, baccarat, Ultimate Texas Hold 'Em, and poker. Canterbury Park also derives revenue from related services and activities, such as concessions, parking, admissions, and programs, and from other entertainment events held at the racetrack. Furthermore, Canterbury Park is pursuing a strategy to enhance shareholder value by developing approximately 140 acres of underutilized land surrounding the racetrack in a project known as Canterbury Commons. The company is pursuing several mixed-use development opportunities for the underutilized land, directly and through joint ventures.Canterbury Park hosted the Claiming Crown of horseracing for 10 of its first 12 years of existence, through 2010. The inaugural Mystic Lake Derby, offering the largest purse at the track since 1991, was run on July 28, 2012. The race was won by the 3-year-old Hammers Terror in a time of 1:37.18 over the one-mile turf event.A two-week series of poker tournaments, Fall Poker Classic, is held each fall at Canterbury Park.