Wyoming Gambling Bill
Under the bill, operators would have been able to offer single game bets, teasers, parlays, moneyline bets, over-unders, in-play betting, exchange betting, pools, prop bets and straight wagers. Gambling in Wyoming. At the time of writing, there are only a handful of legal gambling options available to residents in the state of Wyoming. (AP) — Wyoming lawmakers are moving ahead with plans for more gambling regulation. The state Pari-Mutuel Commission currently oversees horse racing. The Legislature’s joint Travel, Recreation and Cultural Resources Committee voted Thursday to advance a bill to expand the commission’s responsibilities to other types of gambling. — A committee that studied gaming for over six months will not sponsor any bills in next year’s Wyoming legislative session involving the state lottery, horse racing.
CASPER, Wyo. (AP) —
Wyoming lawmakers propose to expand the role of a commission that oversees horse racing to include regulating all for-profit gambling.
Wyoming Gambling Bill Legislation
The new gambling commission, currently called the Pari-Mutuel Commission, would regulate everything from games of skill to bingo halls.
The law would specifically exclude nonprofit organizations such as the Boy Scouts or National Rifle Association that rely on games like bingo to raise money.
Wyoming Gambling Law
Such groups would still have to report gambling proceeds to the state, the Casper Star-Tribune reports.
The Joint Committee on Travel, Recreation and Cultural Resources voted 11-2 on Jan. 30 to advance the bill for possible consideration by the full Legislature. A four-week session devoted primarily to the state budget begins Monday.
The Northern Arapaho Tribe previously opposed regulated gambling across Wyoming but tribal officials now support the change, saying it could stem the spread of unregulated gambling while building public confidence in gambling.
However, the bill as written is overly broad, they said.
“We’ve been doing it for well over 20 years, and there’s a lot that goes into that,” Northern Arapaho Business Council member Stephen Fast Horse said. “We see this bill as a start and something that will need improvement.”
Lawmakers in Wyoming are to assess a new bill that aims to legalize online and mobile sports wagering in the US state.
Sponsored by Representative Tom Walters and Senator Ogden Driskill, House Bill 0225 was introduced in the Wyoming House yesterday (February 12).
HB 0225 only refers to online and mobile sports betting, with the aim of opening a regulated market no later than January 1, 2021. Players aged 18 or over would be able to place legal bets on sports inside Wyoming.
Operators seeking to secure a licence in the state would have to pay an initial fee of $20,000. These permits would be valid for a period of 12 months, after which license-holders would face an annual renewal fee of $10,000.
Licensees would be subject to a 16% tax rate on monthly online sports wagering revenue. This would be payable no later than the fifth day of each month, with the tax collected to be deposited in the general fund.
Wagers covered by the bill include single game bets, teaser bets, parlays, over-under, moneyline, pools, exchange wagering, in‑game wagering, in‑play bets, proposition bets and straight bets.
Operators found to be offering online sports wagering in Wyoming without the relevant licence would face a civil penalty of $5,000 on the first offence. For the second or subsequent offense, operators would be handed a civil penalty of $10,000.
At present, Wyoming only permits online horse and greyhound racing bets, as well as fantasy sports contests.
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