Seen on:
as known from New York Timesas known from USA Todayas known from yahoo!
VA
The Grueling Truth - Where Legends Speak / US Betting News / Wyoming pushes for online casino gambling with House Bill 120

Wyoming pushes for online casino gambling with House Bill 120

Publish Date: 02/10/2024
Fact checked by: Mike Goodpaster

Wyoming lawmakers introduced House Bill 120 on February 7, aiming to legalize online casino gambling. The bill is sponsored by Representatives Jon Conrad, Robert Davis, Sandy Newsome, and Tom Walters, among others.

Since 2021, gaming has been lawful in the state following Governor Mark Gordon’s approval of the Enrolled Act No. 50 or House Bill 133, which legalized sports betting. The progression towards broader gambling legalization continues with HB 120, enabling the state’s Gaming Commission to grant gambling licenses to up to five interactive gaming operators.

These licenses, valid for five years, entail an initial fee of $100,000, with a $50,000 renewal fee. Vendor approvals incur a $10,000 issuance cost and a $5,000 renewal fee every five years.

With an economy predominantly reliant on cattle, oil, and mining, Wyoming has long been active in pursuing the legalization of online sports wagering. The proposed tax rate stands at 10%, with $300,000 of annual tax revenue allocated to fund problem gambling programs.

On top of the approval of HB 133 three years prior, Wyoming has also distinguished itself as the first state to explicitly permit online betting operators to accept digital, crypto, and virtual currencies as funding methods for accounts.

Initiatives in other states

Wyoming isn’t the sole state initiating new plans for the online casino gaming industry at the onset of the new year.

In Illinois, lawmakers have introduced House Bill 2239 to authorize operators to launch iGaming operations post-license issuance. The state’s license carries a price tag of $250,000, with an annual renewal fee of $100,000, allowing operators to offer up to three skins.

Meanwhile, in Maryland, lawmakers have proposed an iGaming bill. Senator Ron Watson is sponsoring Senate Bill 603, which proposes a referendum for residents to decide the fate of iGaming in the state.

Hawaii is witnessing significant developments as Senator Ronald D. Kouchi has introduced Senate Bill 3376, aiming to reshape the state’s gambling landscape by proposing the establishment of a Gaming Control Commission and opening avenues for sports betting and online poker operations.

Similar effortsignificant endeavors are underway in New York, although prospects are uncertain due to Governor Kathy Hochul’s current lack of budget allocation for new operations.

Read Also
Esteban de Jesus, Roberto Duran y AIDS (1972-89)
Many of us dream of celebrity sports fame, but only cruel individuals ...
Indiana Basketball Weekly
Welcome to Indiana Basketball Weekly, your dedicated podcast for all things Indiana ...
Bet365 Promo
Grading every NFL team’s picks from the 2021 NFL Draft
Quickly, click away if you’re going to get upset by reading draft ...
Sam Teets 2021 NFL three-round predictive mock draft 6.0
This is a predictive NFL mock draft and my final of the ...
Peter Maher: An Irish Tribute
INTRO: I was seriously ill in 2018 with 7 nights in the ...
Ranking the top 200 players in the NFL ahead of the 2021 season
This list isn’t based solely on performances from the 2020 NFL season. ...
Top 100 NFL free agents entering the 2021 offseason
Below is a list of the top 100 free agents available this ...
Lady Tyger’s Tale: How Marian Trimiar Mauled the Boxing Establishment of the 1970s and 80s
To Feed the Ambition in Your Heart is Like Carrying a Tiger ...
The Army Boxer Who Knocked-Down Muhammad Ali (1960)
I had wanted to write a boxing story about Junebug Hudson for ...
Latest News
Top 10 Most Overrated QBs in NFL History
Let me start off by saying that this ...
Top-10 Closers in MLB History
The Los Alamitos, California product would enter the ...
Comparing Muhammad Ali to Mike Tyson: Why the comparison is stupid
I keep seeing all of these younger guys ...
Formula 1 Round 10: The 2024 Spanish Grand Prix
Fresh off an exciting race in Montreal, the ...
Our Latest YouTube Videos
Video: Survive and Advance: Will Caitlin Clark and the Indiana Fever take the WNBA to new heights?
Survive and Advance: Will Caitlin Clark and the Indiana Fever take the WNBA to new heights?
Video: NBA Playoffs Series Preview: Orlando Magic vs Cleveland Cavaliers
NBA Playoffs Series Preview: Orlando Magic vs Cleveland Cavaliers
Video: NBA Playoff Series Preview: Indiana Pacers vs Milwaukee Bucks
NBA Playoff Series Preview: Indiana Pacers vs Milwaukee Bucks
Top Betting Sites
Top Betting Bonuses
Bet365
Bet365
Bet365 Review
4.6/5
BetMGM
BetMGM
BetMGM Review
4.6/5
FanDuel
FanDuel
FanDuel Review
4.5/5
Caesars
Caesars
Caesars Review
4.5/5
BetRivers.com
BetRivers.com
BetRivers.com Review
4.5/5
Bet365
Bet365 Bonus
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
T&Cs apply
4.6/5
At bet365 we don't do ordinary, that's why if you sign up now you'll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
4.6/5
FanDuel
FanDuel Bonus
Bet $5 Get $200 in Bonus Bets if your bet wins
T&Cs apply
4.5/5
Caesars
Caesars Bonus
100% up to $1000
T&Cs apply
4.5/5
BetRivers.com
BetRivers.com Bonus
Second chance bet: Get up to $500 in Bonus Bets
T&Cs apply
4.5/5
Our Team
Mike GoodpasterJosh SchwartzSimon BriffaMark LewisSamuel Teets
Mike Goodpaster
Mike Goodpaster
Chief Editor
Josh Schwartz
Josh Schwartz
Editor
Simon Briffa
Simon Briffa
Sports Editor
Mark Lewis
Mark Lewis
Editor
Samuel Teets
Samuel Teets
US Sports Veteran
Find out what the legends have to say about sports this week....
Find out what the legends have to say about sports this week....

21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

Virginia Town HallCloudflareSSL
×
Your Promo Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Play now