Current:Home > StocksOnline sports betting to start in Vermont in January -AssetLink
Online sports betting to start in Vermont in January
View
Date:2025-04-13 14:36:29
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! (86378)
Related
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Arizona AG investigating 2020 alleged fake electors tied to Trump
- Hurricane Hilary poses flooding risks to Zion, Joshua Tree, Death Valley national parks
- Charlize Theron Has the Best Response to Rumors She’s Gotten Plastic Surgery
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Clashes erupt between militias in Libya, leaving dozens dead
- Pentagon considering plea deals for defendants in 9/11 attacks
- Ukrainian children’s war diaries are displayed in Amsterdam, where Anne Frank wrote in hiding
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Los Angeles leaders create task force to address surge in retail flash mob robberies
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Kansas City Chiefs superfan 'ChiefsAholic' indicted on bank robbery, money laundering charges
- Vanderpump Rules' Raquel Leviss Won't Be Returning for Season 11
- Michael Oher, Tuohy family at odds over legal petition, 'Blind Side' money: What we know
- In ‘Nickel Boys,’ striving for a new way to see
- Officials identify IRS agent who was fatally shot during training exercise at Phoenix firing range
- Trump's D.C. trial should not take place until April 2026, his lawyers argue
- Maui bird conservationist fights off wildfire to save rare, near extinct Hawaiian species
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Chikungunya virus surges in South America. But a new discovery could help outfox it
Biden will again host leaders at Camp David, GA grand jurors doxxed: 5 Things podcast
Small Kansas paper raided by police has a history of hard-hitting reporting
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Migos’ Quavo releases ‘Rocket Power,’ his first solo album since Takeoff’s death
Metals, government debt, and a climate lawsuit
Raise a Glass to Ariana Madix's New Single AF Business Venture After Personal Devastation