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County commissioners approve wagering at Cheyenne horse racing establishment, receive partial control of facility

The 307 Horse Racing CFO stated Tuesday the organization is expanding its operations due to customer demand.

The Laramie County Board of Commissioners convene on Tuesday, Jan. 16 for the board's regular bi-weekly session. (Jared Gendron/Cap City News)

CHEYENNE, Wyo. — A Wyoming horse racing company is now approved by the Laramie County government to operate its second horse racing business in Cheyenne.

On Tuesday, the Laramie County Board of County Commissioners passed a resolution giving 307 Horse Racing permission to conduct pari-mutuel wagering at its new location on Ridge Road. The agreement also grants the commissioners a level of facility oversight and control.

307 Horse Racing currently operates the Derby Club Gaming Parlor at 1510 E. Pershing Blvd. but has been working to expand its operations to a new location at 3310 Ridge Road.

The Board of County Commissioners is responsible for authorizing pari-mutuel wagering, which consists of events “authorized by the commission for the conduct of horse racing (to include quarter horse, thoroughbred or other approved races), harness racing, cutter racing, chariot racing, chuckwagon racing, professional roping events and simulcasting of dog racing simulcasting and historic horse racing,” per the Wyoming Gaming Commission. 

“The need for this second facility is mostly to make sure we can continue to service our existing customer base,” said Kyle Ridgeway, chief financial officer with 307 Horse Racing, during Tuesday’s meeting. “We’re running into a level of demand with the gaming, in addition to the arcade, the liquor store and then the bowling alley that’s coming in, that made sense for us to have this second location.”

Before approving the resolution, several commissioners said they were pleased about the resolution and 307 Horse Racing for submitting a resolution granting the commissioners a degree of control for their facility.

“My appreciation to 307,” Commissioner Troy Thompson said. “I think these guys have been really good community partners and are doing a lot in our community. And so my appreciation to them for setting the bar high.”

Board chair Brian Lovett said the resolution “is a step in the right direction, and we all appreciate it.”

A full copy of the resolution can be viewed below.