Wyoming Gaming Commission Opening Application Process for Operators
Wyoming’s sports betting regulations are nearly complete, and that means it’s time for the state to move to the next step for sports betting implementation. The Wyoming Gaming Commission has announced that it will open the application process for operators on Thursday.
Wyoming will offer statewide mobile betting. The commission and legislature have the goal to launch betting within the first few weeks of football season. This is an aggressive timeline for sports betting implementation based on other legal wagering states throughout the United States.
Only Indiana and Iowa have passed legislation and established sports betting within five months.
Application Announcement from the Wyoming Gaming Commission
Wyoming Gaming Commission Chief Charlie Moore announced last Friday that applications would be available on the department’s website for operators. There will also be rules and essential notes for operators looking to enter the Wyoming market.
Nine states are currently undergoing the regulatory process for sports betting. When Wyoming opens the application process, the state will be the second among the nine accepting applications.
South Dakota is ahead of Wyoming in the sports betting rollout, and Arizona is third on the list. Wyoming is expected to be filled with top-tier operators from the American betting industry.
Sportsbooks like Barstool, BetMGM, DraftKings, and FanDuel have submitted formal letters to the Wyoming Gaming Commission with the intent to apply for licensure. Another book that has the intention to join the state is SuperBook Sports, but the company never submitted a formal letter to the department.
SuperBook is an under-the-radar book that has been prominent in Nevada. The site was recently launched in Colorado, and leaders are looking to grow its presence throughout the nation. Wyoming could be the next stop on the list for the sportsbook.
Comments are Open for Wyoming Sports Betting
Wyoming is going to have a solid betting market. The Wyoming Gaming Commission has ruled that a minimum of five mobile providers must be live in the state. There is no cap on the number of operators that can go live.
The providers do not need to be associated with any landlocked gaming facility to launch in Wyoming. The state has four tribal gaming nations that can offer retail betting. Retail wagering is exclusive to the tribal nations throughout the state.
Wyoming has drafted and redrafted sports betting rules four times throughout the stakeholder input sessions. On Friday, a final draft was sent to Governor Mark Gordon, and there will now be a 45-day public comment period.
The comment period will include weekends, and it will conclude on August 23. The final sports betting meeting is scheduled for September 3, and the Wyoming Gaming Commission has the goal to finalize the rules by this date.