Caesars Entertainment introduced Tuesday it has launched on-line sports activities playing within the small-market state of Wyoming.
“We’re ready to give sports fans in Wyoming the first-class sports betting experience they deserve,” mentioned Eric Hession, Co-President of Caesars Digital. “Our upgraded mobile sports wagering app together with unforgettable experiences through Caesars Rewards is a special combination we’re excited to bring to this market.”
As a part of the announcement, Caesars mentioned it has “best-in-class tools in place to prevent problem gambling,” comparable to deposit limits, spending limits, each day cut-off dates, and cool-off cut-off dates.
The launch in Wyoming, dwelling to lower than 600,000 folks, brings the Caesars Sportsbook to 24 states. Eighteen of these states permit the sportsbook over the web.
Wyoming legalized sports activities betting in April 2021. BetMGM, DraftKings, and FanDuel are all already out there, so Caesars should play catch-up. There can be a authorized retail sportsbook on the Wind River Hotel & Casino in Riverton, WY.
Most sports activities betting states have a authorized playing age of 21, nevertheless it’s 18 in Wyoming. Sportsbook operators should pay a ten% tax on their income to the state.
Each yr $300,000 is earmarked for downside playing therapy. The remaining tax income is allotted to the Wyoming General Fund.