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Published 5 days ago • loading... • Updated 5 days ago

Wyoming Bets on Bad Policy: Lawmakers Propose Doubling the Sports Gambling Tax

Summary by atr.org

As the lucrative sports gambling industry continues to bring in more money each year, legislators are increasingly hawkish on raising taxes on wagers and total gaming revenue. Wyoming is the next victim in this craze, with a proposal recently introduced that would double the current sports betting tax rate from 10% to 20%. The Select Committee on Capital Financing and Investments also recommended raising taxes on skill-based gaming and historic …

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Wyoming Bets on Bad Policy: Lawmakers Propose Doubling the Sports Gambling Tax

As the lucrative sports gambling industry continues to bring in more money each year, legislators are increasingly hawkish on raising taxes on wagers and total gaming revenue. Wyoming is the next victim in this craze, with a proposal recently introduced that would double the current sports betting tax rate from 10% to 20%. The Select Committee on Capital Financing and Investments also recommended raising taxes on skill-based gaming and historic …

5 days ago

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atr.org broke the news in 5 days ago on Tuesday, July 1, 2025.

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