Wyoming’s gamblers have made one thing abundantly clear in 2025: They are very committed to keeping our state coffers full while chasing jackpots, parlays, and the occasional mythical big hit on a horse race that ran sometime in 1997.
The October 2025 Wagering Report from the Wyoming Gaming Commission is out, and it shows another monster month across the board, but especially for Historic Horse Racing, which officially cruised past the $2 BILLION handle mark for the year in October.
That’s billion with a B. As in, “bigger than the GDP of a couple small countries.”
Let’s break it all down.
Historic Horse Racing: Wyoming’s $2 Billion Powerhouse
Wyoming’s HHR machines continue to behave like the state’s unofficial money printer. In October alone, players wagered:
$217,779,885 in HHR handle (October)
$2,046,865,793 YTD handle (January–October)
Hitting $2 billion with two months still to go is unprecedented and all but guarantees a record-shattering finish to 2025.
HHR Year-to-Date Handle (Jan–Oct 2025)
| Month | HHR Handle |
|---|---|
| January | $175,580,884 |
| February | $180,660,736 |
| March | $218,370,777 |
| April | $212,932,753 |
| May | $222,247,443 |
| June | $198,351,132 |
| July | $209,817,020 |
| August | $222,390,256 |
| September | $206,734,907 |
| October | $217,779,885 |
| YTD Total | $2,046,865,793 |
Yes, that number is correct, and yes, people really love these machines.
Wyoming Sports Betting: Handle & Revenue Up YoY
With NFL and college football in full swing, Wyoming’s sportsbooks posted a strong October:
$24,410,614 in wagers statewide
DraftKings once again dominated the market, accounting for nearly half the state’s total bets. FanDuel took second place, with BetMGM, Caesars, and Fanatics filling out the rest of the leaderboard.
Online Sports Betting Handle (Oct. 2025)
- DraftKings: $11,815,502
- FanDuel: $6,436,259
- BetMGM: $3,652,893
- Fanatics: $1,465,169
- Caesars: $1,040,791
- Statewide Total: $24,410,614
But the real story is the revenue and the tax haul. October ’24 paid $95K in taxes to the state, while October ’25 filled the Wyoming coffers with $195K+.
Betting Apps Revenue Breakdown (October 2025)
| Metric | BetMGM | Caesars | DraftKings | Fanatics | FanDuel | Total |
|---|---|---|---|---|---|---|
| Monthly Wagers | $3,652,892.90 | $1,040,791.04 | $11,815,502.20 | $1,465,169.06 | $6,436,259.27 | $24,410,614.47 |
| Cash Payouts | $3,293,242.67 | $926,471.24 | $10,311,994.06 | $1,330,834.13 | $5,707,298.52 | $21,569,840.62 |
| Non-Cash Payouts | $92,352.77 | $13,057.26 | $244,000.12 | $45,626.47 | $344,668.68 | $739,705.30 |
| Gross Gaming Revenue | $359,650.23 | $95,739.79 | $1,503,508.14 | $134,334.93 | $728,960.75 | $2,822,193.84 |
| Taxable Gaming Revenue | $234,066.86 | $95,739.79 | $1,191,506.74 | $75,899.52 | $356,525.39 | $1,953,738.29 |
| Tax Due | $23,406.69 | $9,573.98 | $119,150.67 | $7,589.95 | $35,652.54 | $195,373.83 |
Quick Hits:
- DraftKings accounted for 53% of all GGR statewide.
- FanDuel posted a strong #2 with nearly $729K in revenue.
- Wyoming collected $195,373 in taxes, one of the strongest months of 2025.
- Promo spending was modest: $739K in non-cash payouts, signaling a stable, mature market.
Skill-Based Games Continue Steady Growth
Skill games, the colorful machines found in bars, restaurants, and gas stations statewide, produced:
- $10.49 million in revenue
- $2.29 million in net proceeds
- $457,418 in taxes
Another consistent month, and another reason county and city governments quietly love these devices.
Total October Wagering Data
Across all forms of gaming, Wyoming recorded:
💰$2.289 billion wagered YTD across all categories
Football season + HHR growth = a monster fall for the state’s gaming sector.
Wyoming’s gaming industry is not slowing down, it’s accelerating.
- HHR crossed $2 billion with two months left.
- Sportsbooks posted the second-biggest handle of the year.
With November and December still to come, including CFB rivalry week, bowl season, and NFL playoffs on deck, the state may push past $2.5 billion in total annual wagering for the first time ever.
It’s also worth mentioning that Wyoming online casinos could become legal in 2026. With most states seeing 5X revenue returns compared to sports betting, WY online casino apps are the future.
Not bad for a state with fewer people than a mid-tier Denver suburb.
AntlersArch founder and the voice behind Teton Tattle.
