Online Gambling
Wyoming
Wyoming lawmakers are looking to add online casino wagering to its gaming market.
House Bill 120, sponsored by Rep. Jon Conrad, Robert Davis, and others, has been introduced in hopes of authorizing iGaming in the Equality State. Wyoming is home to an established gaming market after Gov. Mark Gordon signed sports betting measure House Bill 133 into law in 2021.
Introduced this week, HB 120 proposes to have iGaming in Wyoming regulated by the state’s Gaming Commission, which can offer up to five interactive gaming operator permits. Operators are required to pay an initial $100,000 fee for a permit, which is renewable every five years.
Five-year renewals cost $50,000, while vendor permits cost an initial $10,000 with a $5,000 five-year renewal fee.
Operators who are granted a permit in Wyoming will be able to enter into reciprocal agreements with other jurisdictions due to the state’s population of 584,000, which is the lowest in America. The revenue from wagering statewide would be taxed at a 10% rate.
HB 120 calls for $300,000 of annual tax revenue to go toward problem gambling programs.