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Council clears multiple liquor-license transfers tied to horse-racing ownership restructuring; one abstention recorded
Summary
The council approved transfers of several retail liquor licenses tied to a corporate restructuring among local horse-racing operators; councilor Gamroth abstained from votes where noted. Attorneys representing 307 Horse Racing Inc. and other entities appeared to explain the ownership changes.
The Casper City Council approved a series of minute-action items on Jan. 21 transferring several retail liquor licenses as part of a corporate restructuring among local horse-racing operators.
Brent Rhodes, attorney for 307 Horse Racing Inc., told the council the transfers reflect a corporate reorganization in which an intermediary holding company (HHR Holdings) will hold the operating entities while day-to-day operations will remain local. "There isn't going to be any management changes," Rhodes said, adding that the changes are largely structural and regulatory in nature.
Council action included approval of the transfer for retail liquor license number 1, changing ownership at Poplar Wine and Spirits; retail liquor license number 3 for 307 Racing Management; and retail liquor license number 5 for 307 Horse Racing. The council heard that the gaming commission and the Wyoming Liquor Division have reviewed the matter; Rhodes said the gaming commission met on Dec. 23.
Councilor Sweeney moved approval of the first transfer (license No. 1); Councilor Jensen seconded. The record shows Councilor Gamroth abstained from that vote "as an employee of Works," the parent company involved in the racing operations; all other councilors voted aye. Two subsequent similar transfers (licenses No. 3 and No. 5) were approved with the same pattern of abstentions recorded for Councilor Gamroth.
City staff and the city attorney said they reviewed the paperwork and that the applications complied with city ordinances. No members of the public spoke in opposition during the hearings.
