Don’t look now, but legislators are considering a bill that could legalize online gambling in Wyoming in the form of mobile sports betting. The bill specifically refers to online and mobile sports betting, with the goal of regulating the activity no later than January 1, 2021. Operators seeking to secure a license would pay an initial fee of $20,000 and the permits would be valid for one year, 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.
Only persons age 18 or over would be able to participate in online gambling in Wyoming. For more information visit iGB North America.