Online sports wagering and fantasy sports contests became legal in Wyoming effective September 1 pursuant to a bill that Governor Mark Gordon signed into law in April 2021.
The new law opens a market that the Wyoming Gaming Commission estimates could generate around $449 million per year. It allows wagering on sports events in which the majority of athletes are at least 18 years old.
Online sports wagering operators will be required to remit 10% of their revenues from online sports wagering to the state. The first $300,000 in revenue generated each fiscal year will help fund county health programs to prevent and treat “problematic gambling behaviors.” Revenue beyond $300,000 will go to the state’s General Fund.
Companies like Wyoming Downs are working to capitalize on the new online sports betting market.
