Wyoming Downs, based in Kasper owners of Derby Club, enter a joint venture – Cap City News

Casper, Wyo.

According to a message issued on Sunday, the owner of Wyoming Downs Ecl Entertainment and Derby Club 307 Equestrian competitions enter what is described as a joint venture.

“This strategic cooperation aims to elevate the Wyoming Horse Competition Industry by aligning and raising the strengths of the two entities,” the statement said.

“We are excited about the potential that this partnership possesses for the future of Wyoming Horse Races,” says Mark Falcone, a partner for joint management of ECL, in the edition. “Our shared vision will stimulate innovation and growth, providing a life future for the industry.”

“This collaboration is a significant step forward,” says Kyle Ridgwei, president of 307 horse races. “By joining forces, we are ready to improve the quality and scope of horse racing in Wyoming. As the first organization of 307, we believe in investing in Wyoming -based companies and support the people and communities we serve. We believe that ECL Entertainment (ECL) and Clairvest will honor these values ​​and will become a valuable partner in the development of historical possibilities for horse racing, games, entertainment and employment in Wyoming, taking advantage of our employees, partners and competition enthusiasts. ”

Both businesses will be operated independently, they said, while they are now sharing management structures. Wyoming Downs will continue to hold live racing lives in Evanston, and 307 Horse Racing LLC will continue its live racing in Gillette for a total of 36 days.

“ECL, Clairvest, Wyoming Employees Resource Capital and Services (307 First) – owner of 307 Horse Racing LLC – will jointly manage the business as partners,” the message said.

Ecl Entertainment is a business based in Las Vegas, Nevada, who runs historical and live horse racing in Kentucky and New Hampshire. ECL acquired Wyoming Downs in May 2024 and runs a live track in Evanston, as well as off -road betting through Wyoming.

307 horse races operate live competitions at Energy Downs in Gillette, and also manages numerous places to bet outside the track like Derby Club throughout Wyoming. He is fully owned by Wyoming employee Resource Capital and Services, based on Casper, according to the announcement.