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Stock impact report

Canterbury Park Holding Corporation Reports Financial Results for the Second Quarter and First Six Months of 2018

Canterbury Park Holding Corporation (CPHC) 
US:NASDAQ Investor Relations: canterburypark.com/investor-relations
Company Research Source: PR Newswire
SHAKOPEE, Minn., Aug. 13, 2018 /PRNewswire/ -- Canterbury Park Holding Corporation (the "Company") (NASDAQ: CPHC) today announced financial results for its second quarter and six month periods ended June 30, 2018.  The Company reported net revenues of $16.5 million for the three months ended June 30, 2018, an increase of 4.2% from revenues of $15.8 million in the same 2017 period.  Card Casino revenues increased $368,000, or 4.5%, due to a $456,000 increase in table games revenues.  This increase was partially offset by a $159,000 decrease in poker revenues.  Pari-mutuel revenues increased $50,000, or 1.4%, primarily due to an increase in simulcast and guest fee revenue. Food and beverage revenues increased $36,000, or 1.5%. For the six months ended June 30, 2018, the Company's net revenues were $28.7 million, an increase of 5.3% from revenues of $27.3 million for the same period in 2017. Card Casino revenues increased $940,000, or 5.9%, which reflected a $1.1 Show less Read more
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