Market Newsdesk

SALT LAKE CITY, Nov. 19, 2020 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK) (the “Company”), a diversified software and services company today announced that its wholly owned subsidiary, GridFabric, has finalized an OpenADR certification for Electriphi, Inc. (Electriphi), an award winning EV fleet charging and energy management company. Electriphi’s charging management platform has now been added to the official list of OpenADR certified products. 

https://products.openadr.org/product/electriphi-inc-electriphi-charge-management-platform/

GridFabric’s Plaid product provides companies like Electriphi with the fastest way to get their platform OpenADR certified and be fully enabled to participate in utility load shifting programs throughout the country.

Emerging from stealth mode in late 2018, Electriphi has launched and deployed its software and services with marquee customers across various sectors in the utility and fleet space, along with announcing funding and multiple partnerships.  Electriphi provides EV fleet planning services and tools for total cost of ownership calculation, as well as an EV energy management platform that saves energy and infrastructure costs while ensuring operational readiness for fleets.

Sanjay Dayal, Co-Founder and CTO of Electriphi, said of the announcement, “We were able to become fully certified much faster by partnering with GridFabric, becoming OpenADR Compliant with speed and accuracy furthers our strategy of guiding an open-standards based platform that is compatible across a variety of charging infrastructure and EV fleet vehicles. OpenADR certification ensures platform compatibility with leading utilities to integrate into their installation and demand response incentive programs and should be key to continued growth in 2021.”

Zachary Bradford, CleanSpark’s CEO commented, “We were thrilled to assist a cutting-edge company like Electriphi who brings the vision of clean, green technology to the EV fleet space.  GridFabric has certified eight EV companies since the Company’s inception, with six highly diverse EV providers certified through our OpenADR solutions just this year. This is proving to be a great vertical in general, and GridFabric has been able to help a number of very exciting start-ups and fast growth tech companies expedite their go-to-market plan.”

Parties interested in learning more about CleanSpark products and services are encouraged to inquire by contacting the Company directly at [email protected] or visiting the Company’s website at www.cleanspark.com.

Investors are encouraged to contact the Company at [email protected], or visiting the Company’s website at https://ir.cleanspark.com/

About CleanSpark:

CleanSpark offers software and intelligent controls for microgrid and distributed energy resource management systems and innovative strategy and design services. The Company provides advanced energy software and control technology that allows energy users to obtain resiliency and economic optimization. Our software is uniquely capable of enabling a microgrid to be scaled to the user’s specific needs and can be widely implemented across commercial, industrial, military, agricultural and municipal deployment. Our product and services consist of intelligent energy controls, microgrid modeling software, and innovation consulting services in design, technology, and business process methodologies to help transform and grow businesses.

About Electriphi

Electriphi, Inc. is a developer of award winning software solutions and services for EV fleet and energy management. It offers an open-standards based charging and operations management platform that saves energy costs and simplifies the transition to electric vehicle fleets. For more information, please visit http://www.electriphi.ai.

Forward-Looking Statements:

CleanSpark cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on CleanSpark’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by CleanSpark that any of our plans will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the successful integration of GridFabric into CleanSpark, the fitness of the GridFabric Plaid product for a particular application or market, the expectations of future revenue growth may not be realized, timing of orders and deliveries, ongoing demand for its software products and related services, the impact of global pandemics (including COVID-19) on the demand for its products and services; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Contact – Investor Relations:
CleanSpark Inc.
Investor Relations
(801)-244-4405

View original content to download multimedia:http://www.prnewswire.com/news-releases/cleansparks-gridfabric-finalizes-openadr-certification-for-ev-fleet-charging-company-electriphi-301177148.html

SOURCE CleanSpark, Inc.

RENO, Nev. and LAS VEGAS, Nov. 19, 2020 /PRNewswire/ — Caesars Entertainment, Inc., (NASDAQ: CZR) (“Caesars,” “CZR,” “CEI” or “the Company”) and William Hill PLC (LSE: WMH) (“William Hill” or “the Group”) announced that, at the shareholder meetings held earlier today, the William Hill shareholders approved the recommended 272p cash offer from Caesars by the requisite majorities, subject to the satisfaction of the remaining outstanding regulatory conditions and final approval of the English Court.

Each of the resolutions were approved by the requisite majority of shareholders, with over 86% of the votes cast at the meetings in favor of the transaction.

The parties are making progress towards obtaining all necessary regulatory approvals required to close the transaction and Caesars is now aiming to complete the acquisition in March 2021.

“We are pleased to have received William Hill shareholder support for our recommended cash offer. We continue to work towards satisfying the remaining regulatory conditions and look forward to completing the transaction next year and integrating William Hill U.S. into our Caesars sports betting and iGaming franchise,” said Tom Reeg, CEO of Caesars Entertainment, Inc.

About Caesars Entertainment, Inc.

Caesars Entertainment, Inc. is the largest casino-entertainment company in the U.S. and one of the world’s most diversified casino-entertainment providers. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe® and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified amenities and one-of-a-kind destinations, with a focus on building loyalty and value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate.

Forward-Looking Statements

Caesars Entertainment, Inc. is the largest casino-entertainment company in the U.S. and one of the world’s most diversified casino-entertainment providers. Since its beginning in Reno, Nevada, in 1937, Caesars Entertainment, Inc. has grown through development of new resorts, expansions and acquisitions. Caesars Entertainment, Inc.’s resorts operate primarily under the Caesars®, Harrah’s®, Horseshoe® and Eldorado® brand names. Caesars Entertainment, Inc. offers diversified amenities and one-of-a-kind destinations, with a focus on building loyalty and value with its guests through a unique combination of impeccable service, operational excellence and technology leadership. Caesars is committed to its employees, suppliers, communities and the environment through its PEOPLE PLANET PLAY framework. For more information, please visit www.caesars.com/corporate.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding our strategies, objectives and plans for future development or acquisitions of properties or operations, as well as expectations, future operating results and other information that is not historical information. When used in this press release, the terms or phrases such as “anticipates,” “aiming,” “believes,” “projects,” “plans,” “intends,” “expects,” “might,” “may,” “estimates,” “could,” “should,” “would,” “will likely continue,” and variations of such words or similar expressions are intended to identify forward-looking statements. Although our expectations, beliefs and projections are expressed in good faith and with what we believe is a reasonable basis, there can be no assurance that these expectations, beliefs and projections will be realized. There are a number of risks and uncertainties that could cause our actual results to differ materially from those expressed in the forward-looking statements which are included elsewhere in this press release. These risks and uncertainties include: (a) the possibility that the proposed acquisition of William Hill is not consummated on the expected timeline or at all; (b) the possibility that regulatory approvals of the proposed acquisition of William Hill impose conditions or are not obtained; (c) risks related to the integration of the William Hill business with the operations of the Company; (d) the possibility that the anticipated benefits of the proposed acquisition of William Hill are not realized when expected or at all; (e) potential adverse reactions or changes to business or employee relationships resulting from proposed acquisition of William Hill; (f)  risks associated with increased leverage resulting from debt financing undertaken in connection with the proposed acquisition of William Hill; (g) competitive responses to the proposed acquisition of William Hill; (h) the effects of the COVID-19 public health emergency on the business and operations of the Company and William Hill; and (i) additional factors discussed in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s and CEC’s respective most recent Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission. Other unknown or unpredictable factors may also cause actual results to differ materially from those projected by the forward-looking statements.

In light of these and other risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur. These forward-looking statements speak only as of the date of this press release, even if subsequently made available on our website or otherwise, and we do not intend to update publicly any forward-looking statement to reflect events or circumstances that occur after the date on which the statement is made, except as may be required by law.

Source: Caesars Entertainment, Inc.; CZR

View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholders-of-william-hill-plc-vote-to-approve-caesars-entertainment-inc-recommended-cash-acquisition-301177300.html

SOURCE Caesars Entertainment, Inc.

NEW YORK, Nov. 19, 2020 /PRNewswire/ — iQSTEL, Inc. (OTC: IQST)(“iQSTEL”), an international telecommunication and fintech service provider, today announced entering into an agreement with Payment Virtual Mobile Solutions, LLC (PayVMS) to build a Prepaid Debit Card Service (PDCS). The new PDCS will be constructed under a new corporation named Global Money One, Inc. (www.globalmoneyone.com). iQSTEL will own 75% of Global Money One, Inc. with PayVMS owning the other 25%.

“This PDCS serves as the launchpad of our consumer-reaching fintech operations. The flexibility of the PDCS product is expected to provide a significant benefit to customers and measureable additional value to our shareholders. We look forward to collaborating with PayVMS on this exciting venture and to providing updates on its development and success,” commented Leandro Iglesias, iQSTEL’s CEO.

PDCS is expected to enable customers to make purchases in stores and online, withdraw cash at ATMs or receive cash back when using it to make a purchase, recharge prepaid mobile phone service (domestic and international), and send money domestically or internationally. PDCS is expected to also facilitate the deposit of funds into bank accounts, rewards and digital gift cards. In addition, PDCS customers are expected to be able to execute bill payments and remote deposit capture (RDC) by mobile phone.

iQSTEL and PayVMS project that the PDCS services is expected to generate estimated revenue over five years of $45 million to $128 million with an approximate EBITDA margin of 30% to 40%.

iQSTEL plans to fund the development of the PDCS services through the sale of a minority 24% interest in its Global Money One, Inc. holdings.

The securities offered will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About iQSTEL Inc (Updated):

iQSTEL Inc (OTC: IQST) (www.iQSTEL.com) is a US-based publicly-listed company offering leading-edge Telecommunication and Technology Services for Global Markets, with presence in 13 countries.  The company provides services to the Telecommunications, Financial Services, Liquid Fuel Distribution and Electric Vehicle Industries. iQSTEL has 3 Business Divisions: Telecom, Technology and Fintech, with worldwide B2B and B2C customer relations operating through its subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, and itsBchain. The Company has an extensive portfolio of products and services for its clients: SMS, VoIP, 4G & 5G international infrastructure connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Gas Platform, IoT Smart Electric Vehicle Platform, Mobile Number Portability Application MNPA (Blockchain), Settlement & Payments Marketplace (Blockchain), Visa Debit Card, Money Remittance, and Pay Mobile Phone Services among others.

About Etelix.com USA, LLC:

Etelix.com USA LLC (www.etelix.com) is a wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based international telecom carrier founded in 2008 that provides telecom and technology solutions worldwide, with a commercial presence in North America, Latin America, and Europe. Enabled by its 214-license granted by the Federal Communications Commission (FCC), Etelix provides International Long-Distance voice services for Telecommunications Operators (ILD Wholesale) and Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix was founded in 2008 and has been profitable since inception.

About SwissLink Carrier AG:

SwissLink Carrier AG (www.swisslink-carrier.com) is a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a Switzerland-based international Telecommunications Carrier founded in 2015 providing international VoIP connectivity worldwide, with commercial presence in Europe, CIS, and Latin America. SwissLink Carrier AG is a Swiss-licensed operator, having a domestic Interconnect with Swisscom, allowing their international carrier customers direct terminations via SwissLink into all Switzerland fix & mobile networks. Since the takeover from Swissphone in November 2018 and the rename into SwissLink, the subsidiary has been profitable.

About QGlobal SMS LLC.:

QGlobal SMS LLC (www.qglobalsms.com) is a 51% owned subsidiary of iQSTEL Inc. QGlobal SMS is a U.S.-based company and a commercial brand founded in 2020 and specializes in international and domestic SMS termination, with emphasis on the Applications to Person (A2P) and Person to Person (P2P) for Wholesale Carrier Market and Corporate Market in US. QGlobal SMS has commercial presence in the U.S., Mexico, Latin America, EMEA (Europe, Middle East, Asia) and Africa through its SMS service providers based in Austin, TX and Miami, FL. Its Austin-based SMS service provider is specialized in the SMS traffic exchange between the U.S. and Mexico, and its Miami-based SMS service provider is focused on the development of Latin America and the rest of the world. QGlobal SMS has robust international interconnection with Tier1 SMS Aggregators, guaranteeing its customers high quality and low termination rates in more than 100 countries worldwide.

About Alcyon Cloud SMS S.A.S (Commercial Brand SMSDirectos.com):

Alcyon Cloud SMS S.A.S. (Commercial Brand – SMSDirectos.com) is a wholly-owned subsidiary of QGlobal SMS, a Colombian-based Application and Content Provider. Alcyon Cloud SMS (SMSDirectos.com) is registered with the Secretary of Information and Communication Technology (ICT) in Colombia, offering services to government, enterprises, small and medium business, as well as end-users. Using SMSDirectos’ existing network, its plans to expand services from SMS to offer omnichannel products and services, such as SMS, Emails, RCS (Rich Communications Services), Social Media Channels (Whats App, Messenger, etc), WebRTC (Web Real-Time Communication), VoIP (IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence Based), SMS to Email, and Email to SMS.

About IoT Labs MX SAPI:

IoT Labs MX SAPI (www.iotlabs.mx), a Mexico-based subsidiary of iQSTEL Inc, is an Internet of Things (IoT) technology development company and creator of the “IoT Smart Gas” Platform and Application. The IoT Smart Gas platform (www.iotsmartgas.com) consists of an IoT field device installed on the LP gas tank (adaptable to virtually any gas or liquid storage tank) and, thanks to the Internet of Things (IoT) technology via Sigfox or GSM network connectivity, allows for remote management and improved logistic processes of tank refilling, usage tracking, and monitoring in real-time by the Smart Gas mobile app. The new GSM tracking feature allows for mobile use including ground, air, and sea tank monitoring.

About itsBchain LLC.:

itsBchain LLC (www.itsBchain.com) is a 75% owned subsidiary of iQSTEL Inc. itsBchain is a blockchain technology developer and solution provider with a strong focus on the telecom sector.  The company is the final stage of developing a series of blockchain solutions aimed at using the blockchain ledger and smart contract solutions to enable more efficiency, quickness in execution, and fraud-prevention in the telco industry.  Specifically, the company is developing a solution that will enable users and carriers to transfer mobile phone numbers with just a few clicks, allowing users and carriers the ability to transfer retail users from one mobile carrier to another instantly.  Additionally, the company is finalizing a carrier-grade marketplace solution to procure real-time payments between carriers for cross-traffic of VoIP, SMS, and data  as traffic is crossed between carriers.  This marketplace will allow for instant payment settlement and the prevention of fraud between carriers.

Safe Harbor Statement: Statements in this news release may be “forward-looking statements”. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

iQSTEL Inc.

IR US Phone: 646-740-0907, IR Email: [email protected]

Source: iQSTEL Inc. and its subsidiaries:

www.iqstel.com ; www.etelix.com ; www.swisslink-carrier.com ; www.qglobalsms.com ; www.smsdirectos.com ; www.iotlabs.mx ; www.iotsmartgas.com ; www.itsBchain.com ; www.globalmoneyone.com : www.visamoneyone.com 

View original content:http://www.prnewswire.com/news-releases/iqst—iqstel-enters-into-agreement-with-payment-virtual-mobile-solutions-to-expand-fintech-services-into-prepaid-debit-card-services-301177294.html

SOURCE iQSTEL, Inc.

TSX/NYSE/PSE: MFC     SEHK: 945

BOSTON, Nov. 19, 2020 /PRNewswire/ – John Hancock Investment Management announced today that it has more than doubled the number of platforms where its model portfolios are available in the past 12 months. Its flagship and custom model portfolios are now available on multiple platforms to an estimated 50,000+ advisors since launching on Envestnet’s Fund Strategist platform last year. Additional platforms include broker-dealers, turnkey asset management platforms, clearing platforms, and model marketplaces to help give advisors seamless accessibility to John Hancock Investment Management’s model portfolio capabilities.

The portfolios are designed by Manulife Investment Management (US) LLC. For more than 25 years, Manulife Investment Management has managed multi-asset portfolios using an open-architecture approach, and has been building models for nearly 10 years. This approach is combined with robust manager research and oversight from John Hancock Investment Management’s global manager research team, which together helps strengthen diversification benefits across the range of portfolios. The models are designed to fit investor objectives and risk tolerance while helping advisors and their clients by providing a diversified asset allocation portfolio supported by John Hancock Investment Management’s multimanager network.

“We are seeing good response to our multimanager model portfolios, which are built with the expertise of our asset allocation team and leverage the enormous scope of manager research that’s available. These models enable advisors to truly deliver a diversified portfolio to their clients,” said Jeffrey O. Duckworth, CRPC, head of intermediary distribution at John Hancock Investment Management.

“In addition to the flagship suite of models, we’ve built ETF-only models and launched new income models to meet the demands of investors today,” added Steven L. Deroian, head of asset allocation models and ETF product at John Hancock Investment Management. “We’re excited to see adoption of the portfolios and will continue to structure our capabilities to help advisors meet the needs of their clients.”

To find more information about John Hancock Investment Management’s model portfolios please click here.

Investing involves risks, including the potential loss of principal.

John Hancock Investment Management LLC and Manulife Investment Management (US) LLC are affiliated SEC-registered investment advisers utilizing the brand name John Hancock Investment Management.

© 2020 John Hancock Investment Management. All rights reserved. 

There is no guarantee that any investment strategy illustrated will be successful or achieve any particular level of results. This is for informational purposes only and is not intended to be, nor shall it be interpreted or construed as, a recommendation or providing advice, impartial or otherwise, regarding any security, mutual fund, ETF, sector, or index. Investors should consult with their financial professional before making any investment decisions.

John Hancock Investment Management and its affiliates do not offer tax advice. Investors should consult with their tax advisor regarding their specific situation.

Model portfolios are only available through investment professionals. Not all strategies may be available on all platforms, and fees and terms may vary.

About John Hancock Investment Management

John Hancock has helped individuals and institutions build and protect wealth since 1862. Today, we’re one of the strongest and most-recognized financial brands. John Hancock Investment Management, a company of Manulife Investment Management, serves investors globally through a unique multimanager approach: We search the world to find proven portfolio teams with specialized expertise for every strategy we offer, then we apply robust investment oversight to ensure they continue to meet our uncompromising standards and serve the best interests of our shareholders. Our approach to asset management has led to a diverse set of investments deeply rooted in investor needs, along with strong risk-adjusted returns across asset classes.

About Manulife Investment Management
Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 17 countries and territories. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We’re committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. 

As of September 30, 2020, Manulife Investment Management had CAD$923 billion (US$692 billion) in assets under management and administration. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

View original content to download multimedia:http://www.prnewswire.com/news-releases/john-hancock-investment-management-expands-model-portfolio-reach-to-more-than-50-000-advisors-301177296.html

SOURCE John Hancock Investment Management

SHAKOPEE, Minn., Nov. 19, 2020 /PRNewswire/ — Canterbury Park Holding Corporation, (NASDAQ: CPHC) (“Canterbury Park” or the “Company”), announced today that, in compliance with the November 18, 2020 executive order from Minnesota Governor Walz requiring temporary closure of places of public accommodation as a measure to slow the spread of COVID-19, the Company will temporarily suspend all Card Casino, simulcast and special events operations beginning at 11:59 pm on Friday, November 20, 2020. The executive order provides that the temporary suspension will continue for a four week period through 11:59 pm on Friday, December 18, 2020. Canterbury Park is in active dialog with state and local officials around efforts to mitigate the impact of the pandemic on its operations and the community. The Company’s real estate development operations are not suspended as a result of the November 18, 2020 executive order.

“The health and well-being of our team members and guests will always be our paramount concern,” said Randy Sampson, Canterbury Park President and CEO. “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.”

“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,” Sampson added. “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.”

About Canterbury Park

Canterbury Park Holding Corporation (Nasdaq: CPHC) owns and operates Canterbury Park Racetrack and Card Casino in Shakopee, Minnesota, the only thoroughbred and quarter horse racing facility in the State. The Company generally offers live racing from May to September. The Card Casino hosts card games 24 hours a day, seven days a week, dealing both poker and table games. The Company also conducts year-round wagering on simulcast horse racing and hosts a variety of other entertainment and special events at its Shakopee facility. The Company is redeveloping 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 this land, directly and through joint ventures. For more information about the Company, please visit www.canterburypark.com.

Cautionary Statement


From time to time, in reports filed with the Securities and Exchange Commission, in press releases, and in other communications to shareholders or the investing public, we may make forward-looking statements concerning possible or anticipated future financial performance, business activities or plans. These statements are typically preceded by the words “believes,” “expects,” “anticipates,” “intends” or similar expressions. For these forward-looking statements, we claim the protection of the safe harbor for forward-looking statements contained in federal securities laws. Shareholders and the investing public should understand that these forward-looking statements are subject to risks and uncertainties which could affect our actual results and cause actual results to differ materially from those indicated in the forward-looking statements. We report these risks and uncertainties in our Annual Report on Form 10-K and any subsequent Quarterly Report on Form 10-Q filed with the SEC. They include, but are not limited to:
 the ongoing effect on us as an entertainment venue, on spending among our patrons and on the economy caused by the coronavirus (COVID-19) pandemic or constantly evolving measures to try to contain the virus, such as limits on gatherings, requirements for social distancing, quarantines, shelter-in-place requirements, and business closures; our ability to comply with COVID-19 related executive orders and government guidelines and practices relating to health and safety and the conduct of our operations;  material changes in attendance, including because of visitor concerns about COVID-19; material changes in the level of wagering by patrons; decline in interest in the unbanked card games offered in the Card Casino; competition from other venues offering unbanked card games or other forms of wagering; competition from other sports and entertainment options; increases in compensation and employee benefit costs; increases in the percentage of revenues allocated for purse fund payments; higher than expected expense related to new marketing initiatives; the impact of wagering products and technologies introduced by competitors; the general health of the gaming sector; legislative and regulatory decisions and changes; our ability to successfully develop our real estate; temporary disruptions or changes in access to our facilities caused by ongoing infrastructure improvements; and other factors that are beyond our ability to control or predict.

View original content to download multimedia:http://www.prnewswire.com/news-releases/canterbury-park-to-temporarily-suspend-operations-beginning-friday-november-20-301177159.html

SOURCE Canterbury Park Holding Corporation