2023 Wyoming Statutes › Title 9 - Administration of the Government › Chapter 24 - Gaming Commission Regulated Activities › Article 1 - Online Sports Wagering › Section 9-24-101 - Definitions.

9-24-101. Definitions.
(a) As used in this chapter:
(i) "Cash equivalent" means an asset that is convertible to cash and approved for use in connection with online sports wagering. Approved cash equivalents include:
(A) Travelers checks;
(B) Foreign currency and coin;
(C) Certified checks, cashier's checks and money orders;
(D) Personal checks and drafts;
(E) Digital, crypto and virtual currencies;
(F) Online and mobile payment systems that support online money transfers;
(G) Credit cards and debit cards;
(H) Prepaid access instruments;
(J) Any other form of asset that is convertible to cash approved by commission rules.
(ii) "Commission" means the Wyoming gaming commission;
(iii) "Director" means the executive director of the commission;
(iv) "Fantasy sports contest" means a simulated game or contest with an entry fee that meets all of the following conditions:
(A) No fantasy sports contest team is composed entirely of individual contestants who are members of the same real world sports team;
(B) Each prize and award or the value of all prizes and awards offered to winning fantasy sports contest players is made known to the fantasy sports contest players in advance of the fantasy sports contest;
(C) Each winning outcome reflects the relative knowledge and skill of the fantasy sports contest players and is determined by the aggregated statistical results of the performance of multiple individual contestants who each fantasy sports contest player has selected to form that player's fantasy sports contest team. The individual performances of the individual contestants in the fantasy sports contest directly correspond with the actual performances of those contestants in a real world sporting event in which those individuals participated;
(D) A winning outcome is not based on the performance of a single real world sports team, any combination of real world sports teams or a single contestant in a real world sporting event, nor is it based on the score or point spread of one (1) or more real world sporting events;
(E) The fantasy sports contest does not constitute or involve a slot machine or a fixed, commercial electrical gaming device.
(v) "Fantasy sports contest player" means a person who engages in selecting individual contestants to comprise a team for a fantasy sports contest;
(vi) "Online sports wagering" means engaging in sports wagering conducted by a sports wagering operator through a sports wagering account over the internet by use of a computer, digital platform or mobile application on a mobile device, any of which uses communications technology to accept sports wagers or any system or method of electronic sports wagering approved by commission rules. "Online sports wagering" shall not include or be conducted from any physical location created by a sports wagering operator or vendor for a patron to physically visit to place a wager;
(vii) "Online sports wagering revenue" means the total of all wagers placed by patrons with an online sports wagering operator, excluding the actual dollar value of free wagers and promotional play provided, minus all payments to patrons and minus any applicable federal excise taxes. Payments to patrons include all payments of cash, cash equivalents, merchandise and any other thing of value;
(viii) "Patron" means a person who places an online sports wagering wager;
(ix) "Prohibited sports wager" means:
(A) A wager involving any sporting event or other event where the majority of contestants or athletes in the sporting event are under the age of eighteen (18) years;
(B) Any wagering category not authorized by law or commission rules adopted in compliance with law.
(x) "Qualified gaming entity" means a gaming entity that offers online sports wagering through computers, digital platforms or mobile applications in not less than three (3) jurisdictions in the United States pursuant to a state regulatory structure;
(xi) "Sporting event" means any professional sports event or athletic event, any Olympic or international sports event or athletic event, any amateur sports event or athletic event, any collegiate sports event or athletic event, electronic sports, or any portion thereof, including the individual performance statistics of contestants or athletes in sports events, athletic events or a combination of sports and athletic events, or any other event approved by commission rules;
(xii) "Sports wagering" means the business of accepting wagers from patrons on sporting events through online sports wagering. "Sports wagering" wagers include single game bets, teaser bets, parlays, over-under, moneyline, pools, exchange wagering, in-game wagering, in-play bets, proposition bets and straight bets. "Sports wagering" shall not include any of the following:
(A) Activities other than online sports wagering that are exempted from criminal penalties under W.S. 6-7-101 through 6-7-104;
(B) Activities outside of this chapter authorized or regulated by the commission;
(C) Lotteries authorized by law;
(D) Fantasy sports contests;
(E) Prohibited sports wagers.
(xiii) "Sports wagering account" means a financial record established by a sports wagering operator for an individual patron into which the patron may deposit and from which the patron may withdraw funds for sports wagering and other purchases, and into which the sports wagering operator may credit winnings or other amounts due to that patron or authorized by that patron. In compliance with any other applicable law, a sports wagering account may be established electronically through an approved mobile application or digital platform;
(xiv) "Sports wagering operator" means any qualified gaming entity authorized by the commission to accept online sports wagers;
(xv) "Sports wagering vendor" means a vendor that provides services to a sports wagering operator that the sports wagering operator uses to accept online sports wagers, including geolocation services, know your customer services, payment processors, server host providers, integrity monitoring services, cyber security services and data providers.
(xvi) "Critical component" means any part or component of a mobile application or digital platform that:
(A) Records, stores, processes, shares, transmits or receives sensitive information, including validation numbers and personal identification numbers; or
(B) Stores the results or the current status of a patron's wager with an online sports wagering operator.
(xvii) "Key personnel" means any person employed in an executive or supervisory capacity by a license holder, permit holder or applicant and who is authorized to make discretionary decisions that exhibit influence or control over gaming operations.