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Proposal to double online sports‑wagering tax to 20% fails after industry opposition
Summary
The committee considered a draft to raise Wyoming's online sports‑wagering tax from 10% to 20% but, after industry testimony warning of consumer migration to illegal offshore sites and extended committee debate, the roll‑call vote failed and the draft did not advance.
The Select Committee on Capital Financing & Investments debated a bill draft proposing to increase the online sports‑wagering tax from 10% to 20% (26 LSO 0 129) and heard industry testimony warning of economic and consumer‑protection consequences.
LSO staff said that, based on 2024 collections, a shift from 10% to 20% could generate roughly an additional $1.4 million annually to state coffers. Representative Nicholas moved the draft forward; public testimony included a detailed opposition…
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