Canterbury Park Holding Corporation - Common Stock (CPHC)

Competitors to Canterbury Park Holding Corporation - Common Stock (CPHC)

Churchill Downs Incorporated 

Churchill Downs Incorporated (CDI) operates a diversified portfolio of businesses including horse racing, online wagering, and casino gaming. It competes with Canterbury Park through its established racetracks, premium gaming experiences, and significant investments in online gambling platforms. CDI benefits from a strong brand reputation and diverse revenue streams, which give it a competitive advantage in marketing and operational scale.

Delaware North Companies, Inc.

Delaware North operates various gaming venues and racetracks, competing with Canterbury Park by providing diverse entertainment options and high-quality guest experiences. With a considerable presence in the gaming industry and strong partnerships with major sports leagues, Delaware North has greater resources for marketing and customer engagement, which can overshadow Canterbury Park's offerings.

Golden Entertainment, Inc. 

Golden Entertainment operates casinos and taverns in the U.S. and includes a race and sportsbook section. They pit their sports betting and gaming experience against that of Canterbury Park's offerings. However, Golden's strong market position in multiple states, effective marketing strategies, and a robust supply chain provide a competitive edge that Canterbury Park may find challenging to overcome.

MGM Resorts International 

MGM Resorts International operates a large number of high-profile resorts and casinos, including those that host major horse racing events. While it primarily competes in the casino and resort sector, it also impacts Canterbury Park's business by attracting a similar demographic interested in gaming and entertainment. MGM's extensive brand recognition and substantial financial resources give it a significant competitive advantage over smaller venues.

Penn National Gaming, Inc. 

Penn National Gaming is a major player in the gaming and racing industry with a strong network of casinos and racetracks across North America. It competes with Canterbury Park by offering a wide range of sports betting options and casino games, leveraging its extensive market reach and marketing capabilities. Penn National’s advanced technology in mobile gaming platforms provides a significant edge over smaller competitors like Canterbury Park.