Current:Home > FinanceOnline sports betting to start in Vermont in January -GrowthInsight
Online sports betting to start in Vermont in January
View
Date:2025-04-23 05:06:03
MONTPELIER, Vt. (AP) — Vermont sports fans will be able to bet online starting early next year when mobile sports betting kicks off in the state on Jan. 11, Republican Gov. Phil Scott announced Tuesday.
The state Department of Liquor and Lottery picked DraftKings, FanDuel, and Fanatics Sportsbook to operate mobile sports wagering platforms in Vermont, he said.
“I first proposed Vermont legalize sports wagering several years ago, and it’s good to see it come to fruition,” Scott said in a statement. “Vermonters and visitors alike will soon be able to access a regulated sports wagering marketplace, which will come with important consumer protections and generate revenue for the State.”
He signed a bill into law in June legalizing online sports betting in Vermont, joining nearly three dozen other states.
Each year the Department of Liquor and Lottery, in consultation with the Department of Mental Health, will provide a report to the Legislature on the impact of sports betting on problem gambling in Vermont.
Operators will also be required to annually provide the state with a responsible gaming plan that includes information about the posting of materials related to problem gambling; resources to be made available to bettors with concerns about problem gambling; house-imposed player limits; and self-exclusion programs.
The sports betting operation is expected to bring in up to $7 million in revenue to Vermont during the first full year, Scott said.
“We are excited to offer sports enthusiasts the ability to engage in sports wagering in Vermont with three of the industry’s top companies,” Department of Liquor and Lottery Commissioner Wendy Knight said in a statement.
A pre-registration period starts Tuesday, allowing operators to do marketing and pre-register players before the January launch date.
veryGood! (38374)
Related
- A South Texas lawmaker’s 15
- Taylor Frankie Paul Is Pregnant Nearly One Year After Pregnancy Loss
- Do air purifiers work? Here's what they do, and an analysis of risks versus benefits
- Everything you need to know about this year’s meeting of leaders at the UN General Assembly
- Meet first time Grammy nominee Charley Crockett
- Irish Grinstead, member of R&B girl group 702, dies at 43: 'Bright as the stars'
- In corrupt Libya, longtime warnings of the collapse of the Derna dams went unheeded
- CBS News Biden-Trump poll finds concerns about Biden finishing a second term, and voters' finances also weigh on Biden
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- The Plain Bagel Rule: How naked bread is the ultimate test of a bakery
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Bear euthanized after intestines blocked by paper towels, food wrappers, other human waste
- Julie Chen Moonves Says She Felt Stabbed in the Back Over The Talk Departure
- Deion Sanders on who’s the best coach in the Power Five. His answer won’t surprise you.
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Trump reiterates request for Judge Tanya Chutkan to recuse herself from his D.C. Jan. 6 case
- A new breed of leaders are atop the largest US unions today. Here are some faces to know
- Julie Chen Moonves Says She Felt Stabbed in the Back Over The Talk Departure
Recommendation
Stamford Road collision sends motorcyclist flying; driver arrested
Gator with missing upper jaw finds new home in Florida reptile park
Ariana Grande and Dalton Gomez Officially File for Divorce After 2 Years of Marriage
Police are searching for suspects in a Boston shooting that wounded five Sunday
See you latte: Starbucks plans to cut 30% of its menu
Italy mulls new migrant crackdown as talk turns to naval blockade to prevent launching of boats
'Person of interest' detained in murder of Los Angeles deputy: Live updates
Julie Chen Moonves Says She Felt Stabbed in the Back Over The Talk Departure