The gaming market is rapidly expanding in Wyoming, with efforts to legalize online casino gambling gaining momentum. House Bill 120, sponsored by Representatives Jon Conrad, Robert Davis, and others, aims to make significant progress towards legalizing online casino gambling in the state.
Gaming has been legal in Wyoming since 2021, when Governor Mark Gordon signed House Bill 133, legalizing sports betting. Efforts to expand the legalization of all types of gambling are now progressing with House Bill 120. If approved, the state’s Gaming Commission will be able to offer gambling licenses to up to five interactive gaming operators. The licenses would last for five years, with an initial issuing fee of $100,000 and a renewal cost of $50,000. Vendor approvals would cost $10,000 upon issuing, with a renewal cost of $5,000.
The proposed tax rate for the state would be 10%, and it’s proposed that $300,000 of annual tax revenue would be used to fund various problem gambling programs. One aspect that differentiates Wyoming from other states where online gambling is legal are the reciprocal agreements between the state and other jurisdictions. This opportunity would be granted to the operators, given Wyoming’s small population of 548,000, making it the state with the lowest number of residents in America.
In addition to Wyoming, other states are also making strides in the online casino gaming industry. For example, in Illinois, lawmakers introduced House Bill 2239 to permit operators to launch iGaming operations in the state. The license in Illinois would cost $250,000, with an annual renewal cost of $100,000, and operators would be able to offer up to three skins. Similarly, lawmakers in Maryland and Hawaii have also submitted iGaming bills, with efforts reported in New York as well, although the state currently lacks a budget for establishing new operations.