FanDuel Debuts in Wyoming, Playing Catch Up With DraftKings, BetMGM

FanDuel announced the debut of its online sportsbook in Wyoming, its 15th state. The company isn't first on the scene, however, as DraftKings and BetMGM went live back in September when online sports betting first became available in the state.

Last Updated: Mar 10, 2022 5:43 PM ET Read Time: 2 min
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FanDuel Group announced Wednesday that it has launched its mobile app in Wyoming, making it the 15th state where the company's online sportsbook is available in the United States.

Legal sports betting became available in Wyoming on Sept. 1, 2021, so FanDuel — which was approved to operate in the Cowboy State on November 19 — is a bit late to the party.

DraftKings and BetMGM went live on the same day Wyoming launched its online-only form of legal wagering. PointsBet was approved on February 3 but has yet to initiate its site. 

Wyoming sports betting steadily growing

Since its launch in September, Wyoming's sports betting handle has steadily grown. Customers bet $6.2 million the first month that wagering was available, but it rose to $10.8 million in October. 

In November, the handle was $11 million, while sportsbooks took in $12.3 million in December. The latest reported handle was for January and sportsbook operators brought in nearly $14 million for the month. 

The total amount of $54.3 million for the first five months of wagering could be concerning to the Wyoming Gaming Commission, which estimated annual handle of around $450 million. David Carpenter, project manager of sports wagering for the Wyoming Gaming Commission, admitted handle won’t come close to the annual estimate but is confident more operators in the state will help it grow. 

Wyoming and its relatively small population are near the bottom of sports-betting handle for January among U.S. states. Three states, New York, New Jersey, and Nevada all had handles of more than $1 billion for the month. 

FanDuel chasing bettors 

FanDuel will try to lure in Wyoming customers with promotions and unique betting features. For example, the bookmaker is presenting an odds boost for Thursday’s NBA game between the Golden State Warriors and Denver Nuggets. 

The company is also touting its Same Game Parlay Plus, where players can combine same game parlay bets from one game with bets from other games. 

Before its expansion into Wyoming, FanDuel's online sportsbook was already taking bets in 14 states, including Arizona, Illinois, and Louisiana.

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