Plain English Breakdown
The official source material does not provide a detailed summary or digest text to verify specific claims beyond what is explicitly stated in the bill text.
Gaming Revenues for Outdoor Recreation
The bill proposes that a portion of gaming revenues be used to fund outdoor recreation and tourism in Wyoming.
What This Bill Does
- Requires sports wagering operators to give ten percent (10%) of their monthly revenue to the state commission.
- Specifies that the first $300,000 from this revenue goes to county health programs for gambling issues.
- Directs half of the remaining money to a special fund for outdoor recreation and tourism in Wyoming.
- Sends the other half of the leftover money to the general state fund.
Who It Names or Affects
- Sports wagering operators who must give part of their revenue to the state.
- Counties that receive funding for health programs related to gambling issues.
- The Wyoming outdoor recreation and tourism trust fund which receives half of the remaining money from gaming revenues.
Terms To Know
- Sports wagering operator
- A company or organization that allows people to place bets on sports events online.
- Commission
- The group in charge of overseeing and regulating the sports betting industry in Wyoming.
Limits and Unknowns
- The bill did not pass, so it has no effect.
- It is unclear how much money will be available for outdoor recreation after accounting for health programs and other expenses.