Wyoming is one of the few states in the nation that are permitting the public to bet on historic races at Off Track Betting sites. Regulated by the Pari-Mutuel Commission, the revenue from historic racing terminals is being used to restore the sustainability of the state’s horse racing industry as well as securing major economic stability for the state. The revenue from the Historic Horse Racing terminals has helped to boost live horse racing events in Wyoming, supplement bigger incentives for horse breeders throughout the state and bring a great revenue source to the State of Wyoming.
The combined Historic Racing Handle in the State of Wyoming from January 1, 2018 through December 31, 2018 was over $570.5 million. Over 92% of that revenue was returned to the public.
The revenue from the terminals for Wyoming municipalities for 2018 reached over $5.7 million to distribute back to cities and counties where the Historic Racing terminals are located. Over $16.2 million has been distributed to local municipalities since Historic Racing was implemented in 2013. It also generated over $2.2 million for the Wyoming Breeder Awards fund in 2018, which will be paid out to eligible owners, breeders and stallion owners of Wyoming Bred horses that participate in Wyoming live race meets throughout the state. Over $6.5 million has been allocated to the fund from Historic Racing terminals since 2013.
For more information on the Wyoming Pari-Mutuel Commission, visit parimutuel.wyo.gov.