Share
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.
| Sportsbook | December 2023 Handle | November 2023 Handle | Growth | December 2023 Revenue | November 2023 Revenue | Growth |
|---|---|---|---|---|---|---|
| BetMGM | $3,098,858.20 | $2,698,171.65 | 14.85% | $35,397.74 | $324,578.45 | -816.95% |
| Caesars | $803,768.13 | $397,184.57 | 102.37% | $5,502.93 | $78,699.15 | -1330.13% |
| DraftKings | $11,013,077.98 | $11,970,854.42 | -8.00% | $1,269,320.19 | $841,260.49 | 33.72% |
| FanDuel | $4,108,029.41 | $3,459,209.02 | 18.76% | $539,403.04 | $318,218.32 | 41.01% |
| Total | $19,023,733.72 | $18,525,419.66 | 2.69% | $1,849,623.90 | $1,562,756.41 | 18.36% |
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.
| Month | Handle | Handle Growth | Gross Revenue | Revenue Growth |
|---|---|---|---|---|
| December | $19,023,733.72 | 2.69% | $1,849,623.90 | 18.36% |
| November | $18,525,419.66 | -12.76% | $1,562,756.41 | -31.21% |
| October | $21,234,828.26 | 10.26% | $2,271,665.01 | 48.87% |
| September | $19,259,607.23 | 84.05% | $1,525,986.13 | 26.34% |
| August | $10,464,584.46 | 28.47% | $1,207,821.13 | 20.93% |
| July | $8,145,480.25 | -14.11% | $998,740.08 | 28.81% |
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.
