Wyoming Senate Approves Online Gambling Bill, Setting Potential Record Low Tax Rate

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Wyoming Senate Approves Online Gambling Bill, Setting Potential Record Low Tax Rate
ONLINE GAMBLINGWYOMINGLEGISLATION
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The Wyoming Senate has passed a bill that legalizes online slots and table games, marking a significant step towards expanding gambling options in the state. The bill outlines a regulatory framework for online gambling, including licensing requirements, revenue distribution, consumer protections, and penalties for violations. Notably, the measure proposes a 16% tax on interactive gaming revenue, which could be the lowest rate among U.S. states authorizing online casinos.

. The measure lets operators offer online slots and table games across the state. The Wyoming Gaming Commission would regulate these

The survey responses only reinforced support for HB 162, which suggests the measure should receive a boost as it moves through the legislative process.HB 162 outlines a regulatory framework to govern online gambling in Wyoming. Notable provisions include: ● Revenue Distribution: Interactive gaming operators will remit 16% of monthly revenue to the state. The first $300,000 collected annually will fund programs addressing problem gambling. The remaining funds go to counties , schools , and other state programs .

● Penalties and Enforcement: The bill includes penalties for unlicensed operations and establishes rules to address irregularities and ensure fair play.

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