The state of Wyoming will not consider the legalization of online casinos during the latest legislative session.
In a House vote, representatives rejected the opportunity to take up iGaming legislation in 2024 by a vote of 25-36-1. This means that House Bill 120, which was filed by Rep. Robert Davis earlier in February, will not be introduced or discussed at any point during the legislative session. The bill required at least 42 representatives to vote in favor.
Ahead of the vote Davis said:
“This bill does several important things. It begins to eradicate the illegal iGaming market right here in Wyoming. That activity is taking place without any protections for our citizens who are playing these games. … If we can install the guardrails to do this, it will roll out just like our sports wagering has.”
However, Rep. John Winter informed the House that the Wyoming Gaming Commission had stated that it was not yet ready to regulate online casinos.
“It’s my understanding that the gaming commission wants to shut this down. They think it’s going too fast and they’re concerned about the youngsters that have telephones that can do this gaming.”
Sportsbooks Set Revenue Record in January
The Wyoming Gaming Commission has released its latest monthly revenue report revealing that Wyoming sports betting operators accepted over $20.2 million in wagers. This resulted in sportsbook revenue of $2.6 million, an all-time state record. Once promotions were deducted, the adjusted revenue figure came to $1.75 million which is also a state record.
2024 Sports Handle, Revenues & Taxes in Wyoming
| Period | Total Handle | Sportsbook Revenue | Win % | Adjusted Sportsbook Revenue | Adjusted Win % | State Taxes |
|---|---|---|---|---|---|---|
| Jan 2024 | $20,272,552 | $2,662,550 | 13.13% | $1,758,241 | 8.67% | $177,183 |
| Totals | $20,272,552 | $2,662,550 | 13.13% | $1,758,241 | 8.67% | $177,183 |
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.