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

Recommended