Wyoming Online Sports Betting Handle Tops $19 Million In December

Written By J.R. Duren on January 22, 2024 - Last Updated on February 26, 2024
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Wyoming online sportsbooks bounced back after a dismal November, posting $19 million in handle and $1.8 million in revenue.

Both totals were among the best over the past six months and represented positive monthly growth after the November handle and revenue fell month-on-month.

Online gambling was up despite poor showing from DraftKings

Three of Wyoming’s four online sportsbooks posted gains in handle in December:

  • FanDuel: $4.1 million, up 18.8%
  • BetMGM: $3.1 million, up 14.9%
  • Caesars: $803,768, up 102.4%

DraftKings was the only book to see its handle decline, dropping 8% from $12 million to $11 million.

SportsbookDecember 2023 HandleNovember 2023 HandleGrowthDecember 2023 RevenueNovember 2023 RevenueGrowth

On the revenue side, the news was good, too. Wyoming online gambling revenue added up to $1.8 million, representing an 18.4% jump over November.

The two big winners in December were DraftKings—which saw its revenue jump more than $400,000—and FanDuel, which posted 41% in December thanks to a roughly $220,000 gain compared to November.

According to the Wyoming Gaming Commission’s latest report, Wyoming’s online sportsbook overall handle grew 2.7% and revenue grew 18.4% month-on-month.

Wyoming’s December sports betting figures among the best in past six months

Looking back over the past half-year reveals that Wyoming’s sports betting handle and revenue put up a strong showing in what tends to be a profitable season for sportsbooks across the country.

The kickoff of the NFL and NCAA men’s football seasons gave the state’s books a huge boost in September, pushing the handle up by more than 84%. By October, Wyoming sports betting handle and revenue hit their highest point since July.

MonthHandleHandle GrowthGross RevenueRevenue Growth

While December’s sports betting numbers didn’t quite match October’s handle, they were solid. Handle was the third-highest and revenue was the second-highest since July.

Photo by Michael Dwyer / AP Photo
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J.R. Duren

J.R. Duren has covered the gambling beats for more than a dozen states for Catena Media since 2015. His past reporting experience includes two years at the Villages Daily Sun, and he is a first-place winner at the Florida Press Club Excellence in Journalism Contest.

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