Current:Home > FinanceOnline sports betting to start in Vermont in January -FutureProof Finance
Online sports betting to start in Vermont in January
View
Date:2025-04-13 09:00:51
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! (2396)
Related
- The Best Stocking Stuffers Under $25
- Finally, a Climate Change Silver Lining: More Rainbows
- As Emissions From Agriculture Rise and Climate Change Batters American Farms, Congress Tackles the Farm Bill
- Emmy Nominations 2023 Are Finally Here: See the Full List
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- I’m Obsessed With Colgate Wisp Travel Toothbrushes and They’re 46% Off on Amazon Prime Day 2023
- A 16-year-old died while working at a poultry plant in Mississippi
- Annoyed by a Pimple? Mario Badescu Drying Lotion Is 34% Off for Amazon Prime Day 2023
- The Daily Money: Spending more on holiday travel?
- Twitter replaces its bird logo with an X as part of Elon Musk's plan for a super app
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Shocked by those extra monthly apartment fees? 3 big rental sites plan to reveal them
- Decarbonization Program Would Eliminate Most Emissions in Southwest Pennsylvania by 2050, a New Study Finds
- Study Shows Protected Forests Are Cooler
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Turning unused office space into housing could solve 2 problems, but it's tricky
- Up First briefing: State of the economy; a possible Trump indictment; difficult bosses
- Jimmy Carter Signed 14 Major Environmental Bills and Foresaw the Threat of Climate Change
Recommendation
Travis Hunter, the 2
Is COP27 the End of Hopes for Limiting Global Warming to 1.5 Degrees Celsius?
House Republicans' CHOICE Act would roll back some Obamacare protections
After Criticism, Gas Industry Official Withdraws as Candidate for Maryland’s Public Service Commission
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
Maryland’s Largest County Just Banned Gas Appliances in Most New Buildings—But Not Without Some Concessions
Raven-Symoné Reveals How She Really Feels About the Ozempic Craze
Wide Leg Pants From Avec Les Filles Are What Your Closet’s Been Missing