The project is located less than one mile north of the city limits of Calgary and 4.5 miles from the Calgary International Airport. The location is ideally positioned exiting off the Queen Elizabeth II Highway and next to the CrossIron Mills shopping mall. It will capture both the north and the northwest Calgary markets, which do not currently have a casino.
United Horsemen of Alberta and Century Casinos anticipate to spend CAD 24 million on the construction of the racetrack and casino, the funding thereof has been secured, with an opening date by the end of 2014 with Standardbred racing. Thoroughbred racing will commence in 2016.
The United Horsemen of Alberta Inc. (“UHA”) is a private corporation based in Calgary, Alberta. UHA was organized in 2002, primarily by Alberta Horsemen and other interested parties, with the sole purpose of designing, developing and operating a world class horse racing facility and racing entertainment centre for the greater Calgary area.
Century Casinos, Inc., (“Century Casinos”) founded 1992, is an international casino entertainment company. Century Casinos has been listed on the NASDAQ Capital Market® since 1994 and on the Prime Market of the Vienna Stock Exchange since 2005 under the symbol CNTY.