Wyoming Sports Betting Second US market to be legalized in 2021

Wyoming emerged as the sports betting surprise this spring.

Governor Mark Gordon signed HB 133 in law on Monday.

“It’s something that I worked on not only in this session, but also in the last session,” said the bill sponsor MP Tom Walters said Wyoming News Now. “So it’s very exciting to see how it ends up going down. I think it’s good for the Wyoming people because it enables this regulated market. “

Walters tried similar sports betting laws in 2020but he couldn’t get past the house.

WY sports betting could start as soon as possible September 1. Wyoming Gaming Commission director Charles Moore agreed the target date in a committee hearing, but voiced concerns about the speedy completion of an initial July 1 Suggestion.

Resurrected sports betting bill

On March 9, sports betting didn’t seem to stand a chance in Wyoming. On that day, the house initially voted against HB 133’s move.

However, a day later the Chamber reviewed the legislation and passed it. 32-4.

Apart from a fire alarm in the EU, the bill met little resistance Senate Budget Committee. The entire Senate supported the bill, 24-5.

Members of the House of Representatives were quick to adopt the Senate’s small changes to streamline applicants for gambling licenses.

Wyoming sports betting landscape

The Wyoming Gaming Commission estimates that the state will eventually see up $ 449 million in bets every year. Wyoming has the fewest residents of any state in the US.

Operators pay a $ 100,000 initial five years License fee with a $ 50,000 Renewal fee.

Wyoming will collect one 10% Gaming Revenue Tax. The first $ 300,000 Each year is devoted to the treatment of gambling addiction.

“It certainly won’t solve all of the problems we see in the mineral industry,” said the co-sponsor Sen. Jeff Wasserburger said the Wyoming Tribune Eagle in February. “But it will help a little.”

Experienced operators wanted

Sports betting in Wyoming is at least online five Sports betting operator expected.

Only sports betting that is at least operational three Other states can apply.

A variety of operators are qualified, including:

  • Bar stool sports betting
  • BetMGM
  • DraftKings
  • FanDuel
  • PointsBet
  • The score
  • William Hill

The Northern Arapaho Tribe announced that it would add sports betting to its casinos last fall. It operates its casinos not under a contract with the state, but under the approval of the US Department of the Interior.

Other 2021 sports betting legislation

in the NovemberVoters in three states approved the idea of ​​sports betting: Louisiana, Maryland, South Dakota.

South Dakota became the first state to trade in in 2021 Gov. Kristi Noem Signature a Deadwood Sports betting law in law. State voters approved legal sports betting in November 2020.

Maryland’s legislation works its way through the Senate. Louisiana has not yet started its 2021 legislature.

GeorgiaSports betting legislation died on Wednesday as the legislature ended.

Kansas Legislation could come back into force but stalled last month over details. Arizona could find the way to the finish line but hasn’t moved in a few weeks.

new York is in the process of figuring out its future for sports betting.

Comments are closed.