Current:Home > reviewsOnline sports betting to start in Vermont in January -WealthFocus Academy
Online sports betting to start in Vermont in January
View
Date:2025-04-27 12:06:40
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! (6)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Georgia governor signs income tax cuts as property tax measure heads to November ballot
- Prince William returns to official duties following Princess Kate's cancer revelation: Photos
- 50* biggest NFL draft busts of last 50 years: Trey Lance, other 2021 QBs already infamous
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Rapper GloRilla arrested in Georgia for an alleged DUI, failing to do breathalyzer
- A lab chief’s sentencing for meningitis deaths is postponed, extending grief of victims’ families
- Canadian police charge 9 suspects in historic $20 million airport gold heist
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Virginia law allows the state’s colleges and universities to directly pay athletes through NIL deals
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Looking to stash some cash? These places offer the highest interest rates and lowest fees.
- Alabama court authorizes executing a man convicted of killing a delivery driver
- Tech has rewired our kids' brains, a new book says. Can we undo the damage?
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Woman falls to her death from 140-foot cliff in Arizona while hiking with husband and 1-year-old child
- Why is the economy so strong? New hires are spending more and upgrading their lifestyles
- Feds push back against judge and say troubled California prison should be shut down without delay
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
Jenna Bush Hager says 'mama's done' after losing kid at daughter's birthday party
Rihanna Reveals Her Ultimate Obsession—And It’s Exactly What You Came For
New report highlights Maui County mayor in botched wildfire response
Trump issues order to ban transgender troops from serving openly in the military
Travis Kelce’s Ex Kayla Nicole Responds to “Constant Vitriol”
Kermit Ruffins on the hometown gun violence that rocked his family: I could have been doing 2 funerals
California shooting that left 4 dead and earlier killing of 2 cousins are linked, investigators say