What Wyoming Downs does

Wyoming Downs LLC is a privately-held, licensed horse racing and gaming operator headquartered in Evanston, Wyoming. The company owns and operates the largest and only privately-owned horse racing venue in Wyoming, located 10 miles north of Evanston on Highway 89, where it runs a seasonal live racing program from June through August. Its core products include live racing, simulcast wagering on national and international tracks, off-track betting (OTB) at 14 statewide locations, and electronic historic horse racing (HHR) terminals, all of which operate on a pari-mutuel wagering platform with dynamic odds.

The business generates revenue through a mix of transaction-fee pari-mutuel and HHR wagering, ticket and RV park sales for live events, food and beverage concessions, and ancillary products such as the FastBet Mobile contactless wagering app and the Winners Circle Club loyalty program. The company serves consumer segments including adult gaming enthusiasts (21+), families seeking live entertainment, RV campers, and youth aged 15-23 through its AQHYA-partnered Youth Racing Experience. Pricing is transparent and unit-based: general admission is $20 (free for children 12 and under), junior admission $15, Clocker's Corner reserved tables $80-$160, and RV park sites $225 per weekend.

Wyoming Downs is led by General Manager Wyatt Didericksen and a small management team (4 named executives), operates from a single corporate office in Evanston, and supports a headcount of 11-50 employees across seasonal track operations and year-round OTB positions. The company has no institutional investors, parent company, or M&A activity disclosed, and its growth is anchored in its statewide OTB distribution, licensed HHR offering, and ongoing community engagement through events and youth programs.

Name

Wyoming Downs

Legal name

Wyoming Downs LLC

Website

https://wydowns.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Wyoming Downs LLC is a privately-held, licensed horse racing and gaming operator in Evanston, Wyoming, running seasonal live racing and 14 statewide off-track betting locations with historic horse racing terminals, simulcast wagering, and the FastBet Mobile app, serving consumer gaming enthusiasts, families, and youth across Wyoming.

Ownership category

akta.pro rank

Product category

Horse Racing & Gaming Entertainment

SIC

Services-Racing, Including Track Operation (7948)

akta.pro primary industry

Off-Track Betting (OTB) & Simulcast Wagering (MPAEADAC)

akta.pro secondary industries

Racetrack & Race Meeting Operations (MPAEADAA), Racing Technology & Timing/Tracking Infrastructure (MPAEADAN), Pari-Mutuel Wagering Operators (Totalisators/Tote) (MPAEADAB)

Keywords

• Horse racing wagering
• Off-track betting
• Historic horse racing
• Simulcast racing
• Pari-mutuel betting

Headquarters

HQ city

Evanston

HQ country

United States

HQ region

North America

Offices15 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Pari-Mutuel Wagering: Traditional horse racing wagering where bets are pooled and odds are dynamic. Customers bet on win, place, show, exacta, trifecta, superfecta, and daily double/pick 3/4/5/6 outcomes across live and simulcast races.
2. Historic Horse Racing: Electronic gaming terminals offering historic horse race games. Over $11 million paid out in jackpots. Available at all 14 OTB locations year-round.
3. Live Racing Tickets: Ticket sales for live racing events (June-August season). General admission $20, reserved seating available. Includes race program and $5 betting voucher.
4. Food and Beverage: Concessions including soft drinks, snacks, and alcoholic beverages available at live racing events and select OTB locations.
5. RV Park Reservations: Campsites with electric hookups available Thursday through Sunday on live racing weekends at $225 per weekend.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Wyoming Downs operates Wyoming's largest and only privately-owned horse racing venue in Evanston, offering seasonal live horse racing (June-August) along with year-round off-track betting (OTB) through 14 statewide locations. The company provides pari-mutuel wagering on live and simulcast races, electronic historic horse racing gaming terminals, food and beverage concessions, RV park camping, and a mobile wagering app for contactless betting.

Product overview

Wyoming Downs operates a multi-channel horse racing and gaming entertainment platform centered around its racetrack in Evanston, Wyoming, combined with an extensive network of 14 off-track betting (OTB) locations statewide. The core offering consists of seasonal live racing events (June-August), year-round simulcast racing from national and international tracks, and historic horse racing gaming terminals. The product ecosystem is enhanced by the Winners Circle Club loyalty program and FastBet Mobile contactless wagering app. A Youth Racing Program in partnership with AQHYA rounds out the portfolio, targeting the next generation of racing enthusiasts.

Differentiator

Problem solved

Functional benefit

Brands

• Winners Circle Club: Rewards club for players offering points toward free play, special events, promotions, and giveaways.
• FastBet Mobile

Products and services

• Live Racing Seasonal live horse racing events held at the Wyoming Downs Racetrack in Evanston, WY, running June through August, with general admission, junior admission, and reserved table seating options for adults and families.
• Off-Track Betting (OTB) Year-round off-track betting service offered at 14 Wyoming Downs OTB facilities across the state, providing simulcast racing, historic horse racing terminals, and pari-mutuel wagering to adult patrons.
• Historic Horse Racing Electronic gaming terminals offering historic horse racing games where patrons bet on outcomes of previously-run races, with various game types and jackpot opportunities, available at all 14 OTB locations year-round.
• Simulcast Racing Live feeds of horse racing from top racetracks across the country and around the world, available at OTB locations with pari-mutuel wagering on shared betting pools and dynamic odds.
• RV Park Camping Campsites with electric hookups available Thursday through Sunday on live racing weekends at the Evanston racetrack, priced at $225 per weekend with online reservations via Eventbrite.

Quantifiable outcome

• Historic horse racing handle reached $2.49 billion in 2025
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• American Quarter Horse Youth Association (AQHYA)coreStrategic or Co-development PartnerWyoming Downs partners with AQHYA to host an annual Youth Racing Experience, giving teens and young adults a behind-the-scenes look at Quarter Horse racing. Participants work directly with trainers, learn race day operations, and connect with racing officials. The program offers scholarship opportunities and national recognition for youth participants. Arrival is June 18th with racing days June 19-21st at Evanston location.
• FastBet MobilecoreTechnology or IntegrationFastBet Mobile is the official mobile wagering app of Wyoming Downs, enabling contactless wagering at the track directly from mobile devices.
• Galloway's Pub & Bowling Alley (Casper)minorChannel Partner/ Reseller/ DistributorGalloway's Pub & Bowling Alley in Casper hosts a Wyoming Downs OTB location, offering simulcast racing and historic horse racing terminals.
• Rock Springs Liquor DepotminorChannel Partner/ Reseller/ DistributorRock Springs Liquor Depot hosts a Wyoming Downs OTB location, offering simulcast racing and historic horse racing terminals.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Century Casinos: Small-cap regional casino and racino operator with horse racing, HHR, and OTB exposure across multiple U.S. states. Closely comparable to Wyoming Downs in scale and product mix (regional gaming + racing), but with multi-state diversification.
• Prairie Meadows Racetrack & Casino: Iowa-based racino combining live horse racing, simulcast wagering, OTB, and casino gaming. Operates a comparable vertical integration of racing and electronic gaming terminals under a single regional license, similar in business model to Wyoming Downs' Evanston track and OTB network.
• Remington Park: Oklahoma horse racetrack and casino offering live racing, simulcast, HHR-style electronic gaming, and on-site sports betting. Directly comparable as a regional racino anchored by a single seasonal live meet plus year-round simulcast and electronic gaming terminals.
• Will Rogers Downs: Oklahoma regional racetrack and casino offering live Quarter Horse and Thoroughbred racing plus electronic gaming. Highly comparable to Wyoming Downs given similar Quarter Horse racing focus and small-market regional positioning.
• Sam Houston Race Park: Texas regional racetrack offering live Thoroughbred and Quarter Horse racing, simulcast wagering, and OTB operations. Closely matches Wyoming Downs' seasonal live racing + year-round simulcast/OTB model in a similarly sized regional market.
• Lone Star Park: Texas-based regional racetrack with live racing, simulcast, and OTB operations. Comparable as a regional seasonal racing venue focused on Thoroughbred and Quarter Horse racing, similar to Wyoming Downs' seasonal Evanston meet.

Broad incumbents

• Churchill Downs Incorporated: Large multi-state horse racing, HHR, and sports betting operator (Derby City Gaming, Exacta, etc.). Functions as an industry incumbent whose HHR terminal business (Exacta Systems) directly competes in the same historic horse racing vertical that drives Wyoming Downs' largest revenue stream.
• Penn Entertainment: Large multi-state gaming and racing operator with regional racinos (e.g., Penn National, Hollywood). Industry incumbent with a similar racing + electronic gaming product mix but at vastly greater scale, serving as the upper bound for the racino business model Wyoming Downs operates.

Others

• Exacta Systems: Provider of historic horse racing terminal technology, owned by Churchill Downs Incorporated. An enabling/technology peer whose HHR terminals are the underlying product powering operations like Wyoming Downs' HHR gaming floor; useful as a comparable for terminal-side economics.
• Sportech Racing and Gaming: Provider of pari-mutuel wagering technology, simulcast systems, and OTB platforms to racetracks and betting operators globally. An ecosystem/adjoining peer comparable to the technology layer underlying Wyoming Downs' simulcast and pari-mutuel operations.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat4 records

Customer concentration

• YouTubeyoutube.com/@wyomingdowns307/streams
• Facebookfacebook.com/WyomingDownsRaceTrack
• Instagraminstagram.com/wyomingdownsotb
• LinkedInlinkedin.com/company/wyoming-downs

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wyoming Downs