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 and transactions. Notably, it introduces new criteria for what constitutes a "bona fide social relationship," emphasizing that such relationships must be genuine and not formed for the purpose of gambling. Additionally, it modifies the definition of "profit" to include any financial gain, rather than just benefits from transactions.

Furthermore, the bill enhances the regulations surrounding charitable raffles by stipulating that 100% of the net proceeds after costs must be used for charitable purposes. It also outlines specific conditions under which games or wagers can be considered exempt from gambling laws, such as being conducted privately and not being advertised for public participation. The act is set to take effect on July 1, 2026.

Statutes affected:
26LSO-0169 v0.5: 6-7-101