Crypto wagering for online sports betting now legal in Wyoming

[newshunter]

Crypto wagering for online sports betting now legal in Wyoming

The bill already signed into law legalizes online sports betting in the state with bookmakers permitted to accept cryptocurrency deposits from bettors.

Source: Crypto wagering for online sports betting now legal in Wyoming

Would appreciate your opinion about this

[TomPluz]

Online gambling is a huge market and there will be locations like Wyoming who fully understand the potential of this industry - just like being an online Las Vegas kind of thing. Wyoming can certainly attract locators to their state and make more money from taxes and other regulatory fees. This is a good move and one thing that can also push some other states to follow the same. Just like porn, there is a bright future in online gambling especially in conjunction with cryptocurrency. Soon, the gambling industry will surely be exploring how they can also cash in with the popularity of NFT.

[mixing]

I think this is pretty big news.. Being from the US myself, it would obviously be even bigger news if this was coming out of Las Vegas or New Jersey, but Wyoming is a start. Once one country starts doing it others begin to jump on board (we've seen this same thing happen with pot legalization across the US).