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SportsTranscript
00:00All right. Well, here we go. All of our friends in Wyoming, Matt, who are watching this live are like, all right, give me the update on the online casino gaming there. Because again, not a state that we talk about a ton, but certainly there are a lot of, you know, listeners and viewers here at the sports grid in Wyoming. So tell us more.
00:20Yeah, look, I know Wyoming is a bit of a small market. And at the beginning there, I even forgot that they had sports betting until you get the monthly reports coming in. You go. Oh, yeah, that's right. But it's interesting. That's such a small market. Like Wyoming is looking toward I gaming now, because again, when you hear Wyoming, even in the industry, you don't think, wow, that is a gambling market that I need to get into.
00:45But the fact that Wyoming is looking at this and we know that other states are looking at it, too, that is a positive right now. And honestly, the gaming industry will take any positives around online casino that it can get.
00:59It's a very well-known group that's doing the study at Spectrum Gaming Group. They do a fantastic job at laying out what an industry is going to look like for states, depending on what they want to see. And so it'll be really interesting to see what a smaller sports betting state in Wyoming, what it's expected to do from an online gambling perspective.
01:21Obviously, you have two different kinds of bettors there and then you have some crossover bettors as well. That'll love it as well. But, you know, you think about all the female slot players that exist in the world. Online casino is exactly targeting them and then, you know, trying to back them into some sports betting at the same time, get them to do a couple of parlays, too.
01:42But the fact that Wyoming is looking at this as, you know, a generator of revenue is great for the industry. They need anything with online casino right now. So while Wyoming may not be the biggest win in the world from a revenue standpoint, if another state can get across the finish line on online gambling, maybe that would lead to New York taking it a little bit more seriously.
02:09Or Ohio or Illinois. You know, there are so many states out there that are kind of just mulling it and thinking about what could happen if they legalize online casino.
02:22You know, there's still a concern out there about online casino and whether it cannibalizes the retail industry. And people will argue one way or another on that. But overall, we've seen that online casino is generally accretive to whichever gambling state they enter into.