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Wyoming Eyes Online Casino Expansion Amid Sports Betting Woes
SportsGrid
Follow
12/4/2024
Category
🥇
Sports
Transcript
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00:00
All right, order of business in a state we discuss not that often, Wyoming, one of the
00:07
smaller sports betting states that has kind of, you know, drawn themselves into the news
00:12
today.
00:13
I know that there was an article up at PlayUSA about some potential iGaming coming to Wyoming
00:18
and it would seem to me pretty plausible there, you know, not a lot of legislation to pass
00:22
through.
00:23
How quickly can this get done?
00:24
Yeah, I mean, it seems like a pretty plausible situation here.
00:29
We've talked about it, I think a few weeks ago, a few months ago on this show about a
00:33
study that was done this summer, kind of taking a look at what could be done in the Wyoming
00:39
gaming industry to better contribute to the state's tax funds.
00:46
And sure enough, they found online casino would be a great addition for this population.
00:51
It's a very small population, smallest in the U.S., you know, operators haven't been
00:55
super excited about the sports betting performance or lack thereof, I suppose, because it is
01:01
so small.
01:02
But again, as we were talking, there hasn't been a lot of movement in the last couple
01:06
of years of online casino and that's where these companies want to be.
01:09
That's where they want to get the money from, because again, it is way more lucrative than
01:13
sports betting.
01:15
And so, you know, already just within weeks of this study being finalized and published
01:20
and presented to the Wyoming Gaming Commission, Representative Robert Davis said, you know
01:25
what, I like this idea, I'm going to put together a bill and it will be introduced
01:29
as soon as the session starts up in January.
01:32
You know, he said it's going to be a lot like the sports betting process in Wyoming, which
01:37
was a lot of education, but it was fairly streamlined back in 2021.
01:40
It wasn't, there wasn't a ton of opposition.
01:44
So it'll be, some of these committee hearings will certainly be a lot of the industry spokespeople
01:51
coming in saying, hey, this is what we do.
01:53
This is the protections we put in place.
01:55
This is how this is going to help your state get rid of the black market and all those
02:00
types of things.
02:01
So it'll be interesting, I guess, to see if it does end up passing this year.
02:07
But it is again, as we've seen, you know, in Ohio, a bill introduced to just get the
02:12
conversation going, kind of the same way we've seen in Louisiana.
02:17
So some of these states that didn't get on that really early first wave, you know, the
02:22
Michigan's, the Pennsylvania, the New Jersey's, again, a lot of education, a lot of showing
02:28
people and making sure you understand it.
02:29
Because when you watch these legislative meetings, a lot of people don't understand the industry.
02:35
A lot of people don't understand technology.
02:37
You see a lot of people not understanding geo comply or the geofencing technology and
02:42
how very targeted and very accurate it is.
02:47
Things like that, that need to be taught to these legislators and regulators really
02:52
sometimes, too.
02:53
So it's really it'll be fun to watch, I think.
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