In the Badger State, several state divisions are taking care of regulating the industry. There is the Wisconsin Division of Gaming, as well as the National Indian Gaming Commission, and the Office of Charitable Gaming. All three rely on the Wisconsin Constitution and Wisconsin Statutes.
The age for gambling in the state is 18 for betting, lottery, and charitable gambling, and 21 to visit casinos. Revenues from the lottery surplus and from charitable gambling are routed to fund charitable purposes. As for the Tribal casinos, the tax is determined by the State-Tribe compacts.
Land-Based Casinos in Wisconsin
The destiny of land-based casinos in Wisconsin was determined back in 1991. The state signed Class III gaming compacts with 11 Indian Tribes, reaching an agreement to supply players with slot machines and table games on the floors of these gambling venues. To be more specific, compacts provide video slot and video poker machines, as well as live blackjack, pull tabs, bingo, and other games.
Speaking of blackjack, it must not be conducted over 18 hours per day. As for other restrictions, the maximum bets on electronic games should not exceed 5 USD per round. Wisconsin also has an interesting approach to taxing players. The Tribe must collect personal income taxes from those players who are residents of the state but do not belong to a Tribe.
As to legalizing commercially operated brick and mortar casinos, a few attempts were undercut by Governor Kim Doyle.
Pari-Mutuel Betting in Wisconsin
While pari-mutuel betting is legal in the state of Wisconsin, the last remaining racetrack was closed in 2009. The reasons were financial. This means that while greyhound racing — as appalling to some as it is — is legal but there are no locations to hold the races.
Many would argue that racetracks for horse racing could’ve been saved if Wisconsin was more lenient towards merging them with electronic games and turning them into racinos. However, legislators declined any such discussions.
With racetracks closed, a few isolated racing events are taking place during the year. This means that live wagering is on. Simulcast wagering is the option covered by Tribal casinos — they are allowed to provide such a gambling service.
All other types of sports betting not mentioned by the state will be considered a Class B Misdemeanor. There are talks of sports betting being authorized in Tribal compacts.
Lotteries in Wisconsin
The lottery remains one of the biggest go-to betting activities for the residents of the state. Per year, it generates over 700 million USD worth of revenues. At the same time, it returns back about 60% or so.
The state of Wisconsin owns the monopoly to the lottery and sells licenses to commercially operated companies to provide the sales. Plural, in this case, is maybe a bit of an overstatement since GTech is a well-known operator across America and is also a bit of a monopolist. It manages lotteries alongside the government in many states, and Wisconsin is no exception. In 2015, it applied for a 7-year license to operate in the Badger State.
In addition to the in-state events, residents of Wisconsin can participate in national draws, including Powerball.