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The Wyoming Gaming Commission sports gambling report for June showed a 40% drop in revenue from May, but an increase from last June.
According to the report, Wyoming online sportsbooks in June recorded:
- Monthly bets: $9,483,450.25
- Gross gaming revenue: $775,389.20
- Adjusted taxable gaming revenue: $351,306.49
- Tax revenue: $37,704.70
Four sportsbooks in the state — DraftKings, BetMGM, FanDuel and Caesars — showed a yearly increase in betting handle and revenue while also reporting a month-over-month drop from May.
Wyoming online sports betting June 2023 figures
The WGC’s latest report shows Wyoming’s online sports betting handle reached $9.48 million in June. The number is a 25.82% monthly drop compared to the $12.78 million generated in May. However, the figure is a 29.51% yearly increase from May 2022’s $7.32 million.
As mentioned, the Cowboy State generated $775,389 in gross gaming revenue. The number is a 15.17% yearly increase from June 2022’s $673,269. At the same time, the revenue figure is a 40.67% monthly decrease from May’s $1.31 million. It is also significantly less than April’s $1.26 million in revenue and $1.84 million collected in March.
Adjusted taxable revenue from Wyoming’s sportsbooks in June was just $351,307. During the same time last year, the figure was almost $30,000 higher, totaling $380,361. The number is nearly 57% lower from what the sportsbooks collected in May.
Wyoming sportsbook operators paid a monthly tax of $37,704, slightly less than in June last year ($38,036). But the tax revenue is a significant monthly decrease from May’s $81,448.
DraftKings continues to lead Wyoming’s online sports betting
Online sports betting launched in Wyoming in September 2021.
Of the four operators in the state, DraftKings continues to be No. 1, getting a solid player base:
- DraftKings generated around 58.6% of all handle in the state
- BetMGM accounted for 27.6% of the market
- FanDuel captured around 11.2% of the handle
- Caesars got close to 2.6%
As of 2023, four sportsbooks have been operating in Wyoming. Following DraftKings and BetMGM, launched in September 2021, FanDuel went live in March 2022. Caesars was the last to join the market in August 2022.
Two other operators, PointsBet and Barstool, have received permits but have yet to launch in the state.
