Lottery Corporation Chooses Banker and Legal Counsel
The Wyoming Lottery Corporation Board voted Thursday to accept a bid for Jonah Bank of Wyoming to be its initial financier.The board received a $1 million, 1.75 percent interest, short-term start-up loan. The board also hired the Cheyenne law firm Hathaway and Kunz as its legal counsel during a teleconference Thursday.
The nine-member board appointed by Gov. Matt Mead is a quasi-governmental organization that began to assemble the Wyoming Lottery Corporation in July. State law prohibits the corporation from using any state money, and members have used their own time and cash to get the games up and running by their target date of January.
The board will meet in Cheyenne next week to interview CEO candidates and conduct other business.