--- title: "Canterbury Park Q3 revenue drops as casino activity weakens" type: "News" locale: "en" url: "https://longbridge.com/en/news/264727729.md" description: "Canterbury Park reported a 5% year-over-year decline in Q3 revenue, primarily due to reduced casino revenues amid increased competition. Net income significantly dropped, influenced by a prior year's land transfer gain. Adjusted EBITDA also decreased, reflecting lower casino revenue despite stable expenses. However, food and beverage revenues grew, aided by a new point-of-sale system. The company did not provide specific financial guidance for future quarters." datetime: "2025-11-06T21:53:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/264727729.md) - [en](https://longbridge.com/en/news/264727729.md) - [zh-HK](https://longbridge.com/zh-HK/news/264727729.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/264727729.md) | [繁體中文](https://longbridge.com/zh-HK/news/264727729.md) # Canterbury Park Q3 revenue drops as casino activity weakens ) Overview - Canterbury Park Q3 revenue falls 5% yr/yr, impacted by reduced casino revenues - Net income for Q3 declines significantly, impacted by prior year land transfer gain - Adjusted EBITDA for Q3 decreases, reflecting lower casino revenue and stable expenses Outlook - Company did not provide specific financial guidance for future quarters or full year Result Drivers - CASINO REVENUE DECLINE - Reduced casino revenues due to increased competition and low hold early in the quarter - FOOD & BEVERAGE GROWTH - Strong growth in food and beverage revenues driven by new point-of-sale system and increased transactions - OPERATING EFFICIENCIES - Efforts to improve operating efficiencies, particularly in labor, helped manage expenses Key Details Metric Beat/Mis Actual Consensu s s Estimate ### Q3 $18.32 Revenue mln ### Q3 EPS $0.10 Q3 Net $487,000 Income ### Q3 $2.81 Adjusted mln ### EBITDA Q3 Basic $0.10 ### EPS Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.) ### Related Stocks - [Canterbury Park Holding Corporation (CPHC.US)](https://longbridge.com/en/quote/CPHC.US.md) ## Related News & Research - [Everything you need to know about Apple's 'big week' of product launches](https://longbridge.com/en/news/277811764.md) - [Amazon's cloud reboot shows the future of consulting in the AI era](https://longbridge.com/en/news/277681273.md) - [DraftKings Insiders Are Buying Stock. Should You Buy the Dip in DKNG Too?](https://longbridge.com/en/news/277643531.md) - [RubyPlay and Codere Online join forces to elevate gaming offering in Mexico | CDRO Stock News](https://longbridge.com/en/news/277760852.md) - [Sands China Details Board Line-up and Committee Roles in Governance Update](https://longbridge.com/en/news/277392840.md)