As sports betting becomes more and more accessible across the US, with state by state passing legislation allowing such activity, so come the increase in available providers that prospective bettors can select from.
The Wyoming market continues to impress in terms of the sums generated, and now FanDuel has become the third licensed sportsbook in the state. They join big hitters like DraftKings and BetMGM in offering residents a great new option in the region.
The more players that are available in the market, the better the options for sports betting enthusiasts to take advantage of. Therefore, it’s important to make use of comparison services that help you to find the best odds offered by the brands that operate in your state, and with that in mind we strongly recommend you view this website, which is one of the leaders in the field.
The sports betting market in Wyoming had something of a soft launch in the first month of operation, with DraftKings and BetMGM predicted overall wagers for the month being as high as $37 million, but only $6 million was wagered though there are factors related to the coronavirus that could have made an impact of sorts.
It’s worth noting that Wyoming has the smallest population of all US states, with less than 600,000 residents, but they did lower the legal age of gambling to 18, whereas other states have set this at 21.
Wyoming is the first state in 2021 to pass the sports betting law and make it legal, and ten other states are said to be lining up legislation to follow suit. It is the 23rd state to allow sports betting but only the second, following Tennessee, to only allow online betting.
There are plenty of states that have physical brick-and-mortar establishments and no online betting, so it’s interesting to see other states doing the opposite. Wyoming is also one of the first states to allow the use of cryptocurrency in online sports betting activity, though this is also dependent on the brands themselves offering such a facility.
The players in the Wyoming sports betting sphere are happy to have been given the license to operate, but it’s clear that it may not be the highest-earning region that the likes of DraftKings, BetMGM, and FanDuel will operate in.
On being given the relevant license, BetMG CEO Adam Greenblatt commented;
“We’re ecstatic that BetMGM is one of the first mobile sports betting platforms to launch in Wyoming, just in time for the start of the football season,”
“Wyoming is an important state for us as we continue to expand BetMGM’s footprint in the West. We’re confident that its sports fans will enjoy the BetMGM experience.”
Matt Kalish, President and co-founder of DraftKings North America, was similarly effusive;
“Legalized sports betting has seen wide-spread growth in just three years, and the DraftKings Sportsbook has been at the center of the action,”
“We are thrilled that Wyoming sports bettors have the opportunity to experience the highly accessible and immersive fan experience along with best in class consumer protections that our product offers millions of skin-in-the-game sports fans.”