This story was published more than 1 year ago.
The state of Wyoming may be the next state to legalize and regulate sportsbetting, as lawmakers within the Cowboy State have introduced a bill that would make online and mobile sports wagers kosher.
Lawmakers introduced House Bill 0225 in the Wyoming House yesterday, with Representative Tom Walters and Senator Ogden Driskill sponsoring and writing the bill. Under the terms of the bill, those aged 18 or older would be able to place a sports wager within the state, and a regulated market would be opened no later than January 1st, 2021.
Betting groups would pay an initial application and licensing fee of $20,000, with each year after running a fee of $10,000. No information on tax rates was available as of press time.
Wyoming is a large state land-wise, but has a population of just 577,000. It's widely known for its mountainous terrain, as well as ski resort locations. This is likely why lawmakers are only seeking a small investment for operators, as it'd take some time to see that money returned in the way of profit.
We'll be updating readers as we learn more.