Canterbury Park has released its financial results for the second quarter and first half of 2026, as net revenue for both periods increased year-over-year, rising 3.2% and 3%, respectively, for totals of $16.2m and $29.7m.
The operator’s adjusted EBITDA for Q2 increased 29.3% to $2.6m, while Canterbury Park’s $148,074 net loss during the quarterly period still equates to a 54.8% improvement from the prior year period.
Casino operations accounted for $9.6m of Canterbury Park’s Q2 revenue and increased 1.5%, while pari-mutuel operations drove just over $2.3m and grew 2.6%. Food & beverage revenue generated an additional $2.5m of revenue and rose 19.6%.
The increases in revenue and net income were produced even while Canterbury Park’s operating expenses increased 4.3% to $15.9m.
Canterbury Park Net Income/Loss History - Q2 + H1
in $mil
During the first-half period, Canterbury park reported an increase in adjusted EBITDA of 31.8% to nearly $5.5m, while net income improved by a significant 103.5% for a total of $21,803.
While casino operations once again led the way with $18.9m of revenue for H1, the total represents an increase of just 1%. Pari-mutuel operations and food & beverage generated H1 2026 revenues of $3.3m and $4.3m, respectively, equating to a decrease of 0.1% but a 17.1% rise for the latter.
Similar to Q2, Canterbury Park reported an increase in operating expenses of 2.2% to just over $28.3m, although income from operations still managed to rise 24% to $1.3m.
The results for Q2 and H1 2026 continue a strong year for Canterbury Park, as the operator reported its financial results for Q1 on May 11, witnessing a revenue increase of 2.8% to $13.5m while net income improved by 156.8% to $169,878.
Churchill Downs reported its financial results for Q2 and H1 2026 on July 29, as net revenue during both periods increased 4.9% and 4.2%, respectively, for totals of $980m and just over $1.6bn
