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Wyoming sports betting bill passes Senate


A bill designed to legalize online sports betting in the state of Wyoming has passed the third reading at the state Senate. 

House Bill 0133, which was initially rejected when introduced, passed by a vote of 24-5-1 after clearing the Senate Appropriations Committee last week. 

The bill will now return to the House of Representatives, which must concur an amendment concerning reporting requirements for potential license holders.

As well as authorizing sports wagering, the bill will also put the Wyoming Gaming Commission in charge of regulating the market.

This will see the Commission set the rules for the market, impose fees and penalties, and be responsible for the collection and distribution of any revenue generated.

Potential operators will have to pay $100,000 for a five-year permit, after which time renewal fees will cost $50,000. They would also face a monthly 10% tax on revenue generated from online sports wagering.