Wyoming Regulator Opens Sports Betting License Applications

Spread the Word:

The potential operators seeking a license for Wyoming sports betting can now apply as the application process is open effective Thursday.

The Wyoming Gaming Commission (WGC) announced Tuesday that the application for sportsbook operators will be available on its website Thursday, July 15. Wyoming sports betting is slated to launch by the NFL season.

As the framework for regulations around statewide online sports betting is complete, with major operators indicating their interest to join the Wyoming industry, we can say who could potentially join the new industry this fall.

Giants Are Coming to Wyoming

During a WGC meeting on Friday, Gaming Chief Charlie Moore announced that sportsbook giants such as FanDuel, DraftKings, BetMGM, and Barstool have submitted the formal letter of intent to apply for sports betting licenses in Cowboy State.

The gaming chief also said SuperBook Sports – which launched January its first mobile operation in Colorado outside Nevada – is also looking to enter the Wyoming market.

Moore said that applications will be available on the official website, along with complete directives – including the licensing process, the state’s betting catalog, and integrity monitoring.

Wyoming Could Be the Third-Quickest to Launch

Wyoming’s current target is to launch by Sept. 1. If everything goes as planned, Cowboy State will become just the third state to launch in less than five months after sports betting was legalized.

Back in April, Gov. Mark Gordon signed sports betting bill – HB 133 – into law, making his state the first to regulate mobile sports betting in 2021. The governor’s signature came a week after the state’s senate approved an amended bill that would allow a minimum of five operators in Wyoming for statewide mobile betting.

Under the law, an operator must pay $100,000 for a five-year license, which can be renewed annually at $50,000. Though there is no limit on the number of licenses allowed, an operator must be active in three other states to be considered for a Wyoming license.

What’s Next?

A 45-day public comment period is underway after the final draft of the Wyoming sports betting regulations was sent to Gordon last week.

After the comment period ends Aug. 23, the WGC will hold its next meeting on Sept. 3, which could be delayed for another week due to the Labor Day weekend.

If the WGC manages to hold a meeting aimed at finalizing the rules earlier than scheduled, Wyoming sports betting can go live on Sept. 1.

Regulators have been busy working on an aggressive timeline since Gordon signed sports betting into law on April 5. Only two states that launched sports betting in five months or less after legalizing are Indiana and Iowa.

Smallest State to Have Sports Betting

Wyoming will be the smallest state – with less than 600,000 population – to have sports betting in the US when it goes live by September (hopefully).

Despite its small size, Wyoming is expected to generate a market of $450 million, with an additional 10% tax on gaming revenues.

According to updated revenue figures on the potential of a legalized industry, Wyoming online sports betting could draw up to $4.7 million in annual revenue for the state.

Wyoming also claims another distinction to be the first mobile-only jurisdiction legalized in 2021, and the second only state to have online-only sports betting market in the US. Tennessee was the first online-only jurisdiction when it launched mobile sports betting last November.

Related News

November 19, 2019

Wyoming Gambling Laws

  Wyoming Statutes 6-7-101.Definitions. (a) As used in this article: (i) “Calcutta wagering” means wagering on the outcome of amateur contests, cutter horse racing, dog sled racing, professional rodeo events […]

read more
Whyoming Cowboys supporters
April 10, 2021

Wyoming Becomes First State-Wide Online Sports Betting State in 2021

Wyoming has become the first state to legalize online sports betting in 2021. On Monday, Gov. Mark Gordon gave the nod when he signed HB 133 into law after the […]

read more
Wyoming capitol building
August 3, 2021

Wyoming Gaming Commission Approves Sports Betting Rules

The Wyoming Gaming Commission approved Monday a series of online sports betting rules, paving the way for a timely launch of the industry this fall. The WGC, which gave a […]

read more
Wyoming capitol building
March 26, 2021

Wyoming Sports Betting Could Be Live By This July

It was a monumental moment for Wyoming earlier this week as a bill to legalize sports betting is sent to the Senate. After the dramatic passage of a sports betting […]

read more
Wyoming Governor Mark Gordon
April 1, 2021

Wyoming Sports Betting Bill Heads to the Governor

Wyoming is only a step away from legalizing its online sports betting industry. The Senate passed an amended version of HB 133 on Monday with a 24-5-1 vote. From here, […]

read more
Sign in Wyoming
October 28, 2020

Wyoming Sports Betting May Launch Without State Approval

Wyoming may eventually have sports betting even though the state has not approved any legislation or formalities to launch the industry. According to a statement released in this regard, the […]

read more
Mountains in Wyoming
March 12, 2021

Wyoming House Approves Sports Betting Bill A Day After Killing It

In a dramatic turn of events, Wyoming House reversed Wednesday its own decision by allowing a mobile-only sports betting bill pass with a 32-28 majority. The surprise decision came only […]

read more
Wyoming capitol building
June 11, 2021

Wyoming Gaming Commission Approves Latest Sports Betting Rules

The Wyoming Gaming Commission (WGC) has sent the state’s online sports betting rules to the governor after approving them in Tuesday’s special meeting. Gov. Mark Gordon will officially receive the […]

read more
November 20, 2019

Wyoming Charitable Gaming Laws

§ 6-7-101. Definitions (a) As used in this article: (i) “Calcutta wagering” means wagering on the outcome of amateur contests, cutter horse racing, dog sled racing, professional rodeo events or […]

read more
November 22, 2019

Wyoming Gambling Guide

Legal Wyoming Online Gambling Sites & Apps Legal gambling in Wyoming used to be limited to charitable games, bingo, and pari-mutuel betting, but the situation began to change in the […]

read more
Wyoming Cowboys flag
September 4, 2021

Wyoming Sports Betting Goes Live With DraftKings and BetMGM

Wyoming sports betting went live Wednesday, with BetMGM and DraftKings becoming the first mobile operators to kickstart the smallest industry of the nation. The announcement of the launch came following […]

read more

Stay Updated & Receive Exclusive Offers

Be the first to know when new states legalize online gambling and gain access to exclusive casino and sports betting promotional offers.