Almost three years after online Wyoming, the state’s gaming commission Tuesday announced an “intent to adopt” final amended rules for wagering. The changes to the temporary rules are, for the most part, technical, but put into place permanent rules for the industry to move forward.
BetMGM, FanDuel are live in Wyoming, which only allows for online sports betting. There are no retail sportsbooks or casinos in the state.
The amendments to the rules clarify several , including who constitutes “key personnel” and what a “critical component” is in the general provisions, clarifies that operators can carry over sports betting losses for one month only, and takes out a section that had allowed vendors to request that new markets be added to the wagering menu. The industry standard is that only wagering operators can request changes to a bet menu.
Application approval window extended 1p1e29
An amendment to the permit/permittees section of the rules adds a new licensing category titled “key personnel.” Going forward, those deemed key personnel will be required to apply for a five-year license at a cost of $250.
A second change in that category extends the time the Wyoming Gaming Commission has to consider applications from 60 to 90 days. This change is also in line with the timeframe that many other states use in considering operator, supplier, and vendor licenses.
first two companies to launch on Sept. 1, 2021.
Wyoming is unusual in that it set the legal wagering age at 18 and was the first state to allow betting app s to be funded using cryptocurrency.
