Why raise taxes when Wyoming has a surplus?

Wyoming’s legal sports betting system is working. It’s fair, safe, and bringing in millions in tax revenue for the state. Wyoming is even running a budget surplus.

So why change it? A tax hike isn’t necessary, and it could make things worse for everyone.

THE FACTS:

• When legal betting becomes less attractive, more people turn back to the illegal market, where there are no protections, and the state collects nothing.

• Wyoming already has a fair, balanced tax rate. Raising it now risks hurting consumers and cutting off a growing source of state revenue.

• A higher tax rate means customers get fewer promotions and bonuses, and the odds get worse for players.