Consideration of a resolution approving assignment and transfer of County Commission approvals from Cowboy Racing, LLC, to Bally's Wyoming, LLC, to conduct parimutuel events within Laramie County, WY, at 1158 Rd 140, Hillsdale, WY, and conduct parimutuel wagering on live horse racing, historic horse racing and simulcast events at 1720 Clevland Ave, 1734 Meadowland Dr and 714 W 20th St.

Summary

This resolution approves the assignment and transfer of previous County Commission approvals from Cowboy Racing, LLC to Bally's Wyoming, LLC. These approvals allow for the conduct of parimutuel events, including live horse racing, historic horse racing, and simulcast events. The approvals cover operations at a facility located at 1158 County Road 140, Hillsdale, WY, and three wagering locations in Cheyenne: 1720 Cleveland Avenue, 1734 Meadowland Drive, and 714 West 20th Street. This transfer is a necessary step for Bally's Wyoming, LLC to obtain and operate under the relevant permits from the Wyoming Gaming Commission, following a new business arrangement between the two companies. The transfer is effective upon the closing of the transaction between Cowboy Racing, LLC and Bally's Wyoming, LLC, with all terms and conditions of the original resolutions remaining unchanged.

Citizen Impact

Residents may see changes in parimutuel event operations and wagering availability at the specified locations as Bally's Wyoming, LLC takes over from Cowboy Racing, LLC. This transfer facilitates the continuation and potential expansion of these gaming activities within Laramie County.

Confidence

high