The latest report from the Wyoming Gaming Commission (WGC) shows July tax revenue from sports betting almost doubled from the previous month. According to the report, Wyoming’s online sports betting activity in July amounted to:
Monthly Wagers: $8,145,480.25
Gross Gaming Revenue: $998,740.08
Adjusted Taxable Gaming Revenue: $683,634.03
Tax Revenue: $68,363.40
Even though a bump in tax revenue shows progress for Wyoming, a pair of daily fantasy sports operators are currently negotiating with regulators over their legality.
The WGC’s latest report shows state tax revenue hit $68,363, up from the $37,704 collected in June. In addition, gross gaming revenue from the state’s four sports betting operators increased from the $775,389 generated in June.
