Monmouth Park Can Open With Fans

New Jersey Governor Phil Murphy announced Monday that, as of July 2, the state’s casinos and racetracks can open at 25% capacity.

Dennis Drazin, who heads the operations team at Monmouth Park, said that while some details still need to be clarified by Murphy’s office, he is of the belief that Monmouth can allow as many as 15,000 people a day at the races. Drazin bases that number on Monmouth being able to accommodate as many as 60,000 fans, roughly the number that attended American Pharoah’s GI Haskell Invitational in 2015.

“I think this is huge,” Drazin said. “This is a great development for us now.”

Monmouth was already scheduled to begin its abbreviated meet July 3.

Should Monmouth be allowed to have 15,000 people in attendance that would mean that, for most days, no one will be turned away.

The only day during the meet where the demand would likely exceed 15,000 people is Haskell Day. The race usually draws about 40,000 people. Drazin thinks that this year there may only be about 15,000 people who want to see the race in person.

“How many people are not going to want to come simply because they are afraid to come out?” he said. “I think we will lose a lot of our customers anyway. People aren’t ready to venture out yet. I think we will be ok with 15,000.”

Drazin said if it becomes clear that more than 15,000 people want to attend the race, he would reach out to the governor’s office and seek a one-day exception to the 25% rule. Monmouth had planned not to charge for admission or parking throughout the meet, but Drazin said an exception could be made for Haskell Day in an effort to keep the crowd down.

Monmouth experimented with having fans in the building last Saturday as it opened up the Lady’s Secret Cafe and let fans come in and watch and wager on the GI Belmont S. Drazin said that was permissible because the cafe is considered an outdoor dining area. Drazin also said that, starting this Friday, owners will be allowed in an area near the top of the stretch and will be able to watch their horses train from there.

Murphy said that face masks will be mandatory in the Atlantic City casinos. It is likely the same protocols will be in place at the state’s racetracks.

“If any visitor refuses to comply with these simple safeguards, you will be escorted out of the casino,” the governor said. “We are not going to tolerate any knuckleheads trying to ruin it for those who want to enjoy themselves responsibly and those who need to get back to work, especially if those knuckleheads could be spreading Covid.”

Drazin said it is imperative that patrons, horsemen and frontside employees strictly follow all the guidelines Murphy imposes.

“There will be further guidelines coming out over the next several days,” he said. “There will certainly be social distancing and mask requirements. We plan to screen people before they can enter the track. Whatever the governor says we have to do, that’s what we will do. I do not think that the governor will let us stay open if we don’t make sure that there is social distancing. If we don’t do our job, frankly, he should tell us we have a problem. We need to do our job and we need to keep people six feet apart when they are standing in line and six feet apart when watching races. We just can’t let people get carried away.”

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Canterbury Park, Greystone Construction Partner To Develop 13 Acres Of Canterbury Commons

Canterbury Park Holding Corporation (NASDAQ: CPHC) (the “Company”) and Greystone Construction (“Greystone”) announced Monday that the two longstanding Shakopee, Minn. companies have formed a joint venture to develop a 13-acre land parcel located on the southwest portion of the 140-acre Canterbury Commons. Canterbury Park, who is contributing 13 acres of land to the joint venture valued at approximately $261,000 per acre, will hold a roughly 62% interest in the venture. Greystone will provide development, management and construction services for the project and will hold a roughly 38% interest in the joint venture.

Canterbury Park and Greystone envision a multi-use development that will feature up to six pad-ready sites and two internal roads. Potential uses within the new 13-acre development are expected to include hospitality, dining, residential, commercial offices and service-oriented retail. In addition, Greystone, a general contractor with projects in more than 27 states, will relocate its corporate headquarters to a newly constructed 26,000 square foot office at the site. The joint venture has commenced initial site work, and Greystone intends to break ground on its new headquarters in the fall of 2020 with occupancy expected in 2021.

“From the very beginning, our vision for Canterbury Commons has been to attract residential, hospitality, commercial, entertainment and retail elements that enhance and strengthen the economy and social experiences in Shakopee and beyond,” said Randy Sampson, Canterbury Park President and CEO. “This new joint venture with Greystone represents a critical and positive step toward expanding the programming of the Canterbury Commons development beyond residential and into potential commercial, retail and dining offerings which will drive visitation to Shakopee and expand the city's tax base. We're delighted to partner with a leading Shakopee company and excited to become their neighbor as they bring their employees to Canterbury Commons in a few years.

“This is an exciting time for Canterbury and Greystone as well as the future of Shakopee, and this new joint venture represents further progress in the ongoing transformation of our excess land into a vibrant new community. This new partnership, combined with the development of the Triple Crown Residences and our two recently announced land sale agreements, is unlocking new value for the Company's stakeholders as we continue to monetize the excess real estate that surrounds the Racetrack and Card Casino at Canterbury Park.”

“Shakopee has been home to Greystone Construction since its inception in 1987. We have experienced steady growth since our modest beginning and we have designed and built projects throughout the United States,” said Kevin O'Brien, President and CEO of Greystone Construction. “That being said, it is always special to complete projects in our home town. Greystone has made its mark in Shakopee partnering with many of the great businesses located here to build facilities that provide for growth in production, services and employment. We are very excited to partner with another great Shakopee business and corporate citizen in Canterbury Park. In addition to working with Canterbury Park to develop these 13 acres, this provides us with the opportunity to build a new corporate headquarters. Growth has dictated the need for this space. However, the decision to stay here in Shakopee was based on the amenities the Canterbury Commons development plans provide. Our goal is to build a first-class corporate headquarters, which will help us attract and retain the top talent in our industry. The amenities being built in the Canterbury Commons development will help in providing the atmosphere we want to create for the Greystone Team.”

Canterbury Park and its development partners are currently transforming 140 acres of underutilized land into Canterbury Commons. Development began with the 2018 joint venture agreement between Canterbury and Doran Companies with the two-phase Triple Crown Residences of over 600 units at completion. In April 2020, the Company announced two real estate sales agreements for an aggregate 14 acres of land that will add 160 more residential units to the site. Increased access to the development site at Canterbury Commons was made possible by the completion of city streets in 2019 and the upcoming completion of Unbridled Avenue on the northern border of the property in fall 2020.

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Belmont Prop Contest: $1,000 Donated To BCCA In Name Of Winner Len Dodson

Len Dodson of California and Kenneth Badaway of Ohio each correctly selected 15 of 18 props in the Thoroughbred Idea Foundation Belmont Day Prop Contest, the best of 128 participants. Dodson's tiebreaker was closer to the actual total of the combined win, place and show pool, earning the win. A $1,000 contribution to the Belmont Child Care Association will be made in Dodson's name.

Dodson was a regular player in the 2019 TIF Summer Prop Contest, finishing in a 12th place tie in the overall standings. Rick Hammerle was the overall winner of that contest. The TIF Summer Prop Contest will return in 2020 with another big sum on the line for racing charities. More information will be shared with former players and those interested in joining in the coming weeks.

Anthony Stabile, of the Horse Racing Radio Network and part of the NYRA broadcast team, finished in a six-way tie for third in this weekend's contest, all players with 13 correct props. Another eight players recorded 12 correct props.

Below are the results of the props and the degree of support each selection received by the participants. Numbers can vary in case a prop was skipped by a participant. (Correct answer in BOLD)

1. HEAD TO HEAD: Who will have the better finishing position in the Belmont Stakes?

#3 MAX PLAYER (Actual – 3rd) (46.4%)
#4 MODERNIST (Actual – 7th) (53.6%)

2. HEAD TO HEAD: Who will have the better finishing position in the Belmont Stakes?

#1 TAP IT TO WIN (Actual – 5th) (62.1%)
#9 DR POST (Actual – 2nd) (37.9%)

3. HEAD TO HEAD: Who will have the better finishing position in the Belmont Stakes?

#2 SOLE VOLANTE (Actual – 6th) (66.4%)
#10 PNEUMATIC (Actual – 4th) (33.6%)

4. According to the published Equibase chart of the race, what horse will be last after the first half-mile of the Belmont Stakes?

#2 SOLE VOLANTE (17.6%)
#5 FARMINGTON ROAD (40.0%)
#7 JUNGLE RUNNER (27.2%)
Any other horse (15.2%)

5. According to the published Equibase chart of the race, the time for the first half-mile of the Belmont Stakes will be…

A – 46.40 seconds or faster (Actual – 46.16 seconds) (49.6%)
B – 46.41 seconds or slower – (50.4%)

6. The winner of the Belmont Stakes will be…

A – #8 TIZ THE LAW (69.6%)
B – Either #1 TAP IT TO WIN, #2 SOLE VOLANTE, or #9 DR POST (21.6%)
C – Any other horse (8.8%)

7. According to the published Equibase chart of the race, the winning margin of victory for the Belmont Stakes will be…

A – 1 ½ lengths or shorter (23.2%)
B – Between 1 3/4 lengths and 3 ¼ lengths (57.6%)
C – 3 1/2 lengths or longer (Actual – 3 ¾ lengths) (19.2%)

8. The final win odds of #8 TIZ THE LAW will be…

A – At his morning line price of 6-5 or higher (11.3%)
B – Lower than his morning line price (Actual 4-5) (88.7%)

9. Which horse will the second choice in the Belmont Stakes, according to the final chart published by Equibase?

#1 TAP IT TO WIN (5.2-1) (40.0%)
#2 SOLE VOLANTE (11.2) (37.6%)
#9 DR POST (7.9-1) (19.2%)
#10 PNEUMATIC (17.8-1) (3.2%)

10. Which number will be greater?

A – Jungle Runner's final win odds in the Belmont Stakes (29.5-1) (65.6%)

B – The total of all runs scored in the Korean Baseball Organization (KBO) games played on Sunday, June 21 (51 runs scored) (34.4%)

11. Which will be larger?

A – The sum of the finishing positions of Belmont Stakes horses ridden by jockeys having their first ride in the race PLUS 8.5 (#2 SOLE VOLANTE – Luca Panici, #7 JUNGLE RUNNER – Reylu Gutierrez, #8 TIZ THE LAW – Manuel Franco) TOTAL 25.5 (41.6%)

B – The sum of the finishing positions of Belmont Stakes horses ridden by jockeys to have won a Belmont Stakes previously (#1 TAP IT TO WIN – John Velazquez, #3 MAX PLAYER – Joel Rosario, #6 FORE LEFT – Jose Ortiz, #9 DR POST – Irad Ortiz) TOTAL 20 (58.4%)

12. Which one-mile graded stakes race on the turf at Belmont will have the faster final time, according to the Equibase chart of the race?

A – Race 4 – The Pennine Ridge (1:33.66) (71.2%)
B – Race 6 – The Wonder Again (1:34.23) (28.8%)

13. Which race will have the shorter winning margin, according to the post-race Equibase charts?

A – The Woody Stephens (3 ¾ Lengths) TIE (80.0%)
B – The Belmont Stakes (3 ¾ lengths) TIE (20.0%)

14. Which of the following results will occur in the Woody Stephens and Acorn?

A – Progeny of Into Mischief will win both the Woody Stephens (MISCHIEVOUS ALEX or SHOPLIFTED) AND the Acorn (GAMINE or LUCREZIA)? (22.6%)

B – Progeny of Into Mischief will win either the Woody Stephens or Acorn, but not both (58.4%)

C – Progeny of Into Mischief will not win the Woody Stephens and Acorn (15.2%)

15. The winner of the Jaipur will come from a trainer with a stable in…

A – New York (#4 PURE SENSATION, #6 HIDDEN SCROLL, #7 WHITE FLAG, #8 LONHTWIST) (38.4%)

B – Any other state (#1 KANTHAKA, #2 OLEKSANDRA, #3 TEXAS WEDGE, #5 STUBBINS) (61.6%)

16. How many favorites (according to the final Equibase charts) will win over the 12 races at Belmont Park?

A – Over 5.5 (TOTAL 7 Favorites) (44.8%)
B – Under 5.5 (55.2%)

17. What combination of jockeys will have the most wins on Saturday at Belmont Park?

A – Irad Ortiz Jr. and Jose Ortiz (4 wins) (43.2%)
B – Manuel Franco, Joel Rosario, John Velazquez (5 wins) (56.8%)

18. Which will occur over the course of the race day at Belmont Park?

A – No demotions by the stewards (72.0%)
B – At least one demotion as a result of a stewards' inquiry or objection (28.0%)

TIEBREAKER: What will be the total of the combined win, place and show pools of the 2020 Belmont Stakes? Total was $12,033,521

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