Fanatics Betting and Gaming announced on Wednesday that Fanatics Sportsbook is now available in Wyoming. This marks the 21st state that Fanatics has launched in, and the fifth online sportsbook available in the Wyoming sports betting market.
Wyoming becomes the second state to open up Fanatics Sportsbook in May following the recent New Jersey takeover. According to the press release, Fanatics Sportsbook is now available in 95% of the legal sports betting market across the United States.
The other four sportsbooks in Wyoming are BetMGM, Caesars Sportsbook, DraftKings, and FanDuel. The sports betting market in the Cowboy State is exclusively online. It was legalized ahead of the 2021 football season, with two initial sportsbook operators.
There are no plans to expand online gambling in Wyoming after legislation failed to move after being introduced in February.
All the unique features that Fanatics Sportsbook has in other markets are available in Wyoming. The company touts its native app development on mobile platforms, up to 5% FanCash back on bets regardless of the outcome, and easy access to top matchups and key statistics.
Recent Launches for Fanatics Includes Illinois, New Jersey
Throughout this year, Fanatics Sportsbook has launched in many states, including New York, Michigan, Illinois, and New Jersey. The Garden State changeover happened earlier in May and was the last state to retain PointsBet.
What is unique about PointsBet’s showing in New Jersey is that it beat DraftKings in gross sports betting revenue. PointsBet reported approximately $20.1 million in March, which increased to nearly $33 million in April. Both of those figures beat DraftKings. This is despite the Fanatics Sportsbook platform not being available.
Fanatics enters Illinois with a different story on revenue. They saw lowest amount of market share in handle amongst major competitors in March. Adding up adjusted revenue from the past 12 months, they would come out slightly ahead of competitors such as Caesars and BetMGM. But they are far away from the hundreds of millions DraftKings and FanDuel report in the state.
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