The US sports betting industry saw a 230% increase in revenue generated from 2020 to 2021. More states are opening online sports betting markets, as the market proves profitable. Wyoming is the first state-regulated sports betting market accepting cryptocurrency. New Jersey became the first state to handle $1 billion in sports wagers. LAS VEGAS – … Read more
Wyoming’s sportsbooks saw $6.2 million in handle in their first month of operation. Due to promotions, the sportsbooks claim to have lost more than $100,000 in that month. They expect revenue to balance out once the major promotional launch deals are done. CHEYENNE, Wyo. – Wyoming’s sports betting is off to a fairly slow start … Read more
Wyoming passed legislation to accept Bitcoin and other cryptocurrencies at their online sportsbooks, becoming the first state to do so. International internet sportsbooks and casinos accept cryptocurrencies as payment options. More people are into cryptocurrencies as the market gains popularity. NEW YORK – Bitcoin has ballooned in popularity, becoming one of the more common options … Read more
On Tuesday, Wyoming’s State House voted down a sports betting bill that was expected to pass. On Wednesday, they revived the bill, and it did pass in a close 32-28 vote. The bill now goes to the State Senate, and could bring sports betting within a matter of months. Cheyenne, Wyo. – Wyoming’s sports betting … Read more