The bill amends the definitions related to gambling in Wyoming law, specifically under W.S. 6-7-101. It clarifies the meaning of "gambling" to include risking property for gain based on chance or the outcome of events, while also specifying exceptions for certain social games. Notably, it introduces new criteria for what constitutes a permissible game, including stipulations that the game must be incidental to a bona fide social relationship, conducted privately, and not advertised for public participation. Additionally, it defines "bona fide social relationship" as a genuine connection between individuals who have established knowledge of one another, explicitly excluding relationships formed for the purpose of gambling.
The bill also revises the definition of "profit" to encompass any financial gain, rather than just benefits from transactions. Furthermore, it specifies that charitable raffles must allocate 100% of net proceeds after costs to charitable purposes. The effective date for this act is set for July 1, 2026.
Statutes affected: 26LSO-0169 v0.5: 6-7-101