Current:Home > StocksOnline sports betting to start in Vermont in January -Golden Summit Finance
Online sports betting to start in Vermont in January
View
Date:2025-04-11 16:03:18
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! (7511)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Kato Kaelin thinks O.J. Simpson was guilty, wonders if he did penance before his death
- Former US ambassador sentenced to 15 years in prison for serving as secret agent for Cuba
- Angelina Jolie Shares Why Daughter Vivienne, 15, Is Tough in Her New Role
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Julia Fox's Latest Look Includes a Hairy Boob Bra and Closed Vagina Underwear
- Sheriff believes body in burned SUV to be South Florida woman who went missing after carjacking
- 8-year-old Kentucky boy died from fentanyl not from eating strawberries, coroner reveals
- Bodycam footage shows high
- A state trooper pleaded guilty to assaulting teens over a doorbell prank. He could face prison time
Ranking
- Former longtime South Carolina congressman John Spratt dies at 82
- International migrants were attracted to large urban counties last year, Census Bureau data shows
- Prince William and Prince George Seen in First Joint Outing Since Kate Middleton Shared Cancer Diagnosis
- Hamas says Israeli airstrike kills 3 sons of the group's political leader Ismail Haniyeh in Gaza
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- A decorated WWII veteran was killed execution style while delivering milk in 1968. His murder has finally been solved.
- Horoscopes Today, April 12, 2024
- Colorado group says it has enough signatures for abortion rights ballot measure this fall
Recommendation
Federal hiring is about to get the Trump treatment
Shaping future investment leaders:Lonton Wealth Management Cente’s mission and achievements
Caitlyn Jenner Reacts to Backlash Over O.J. Simpson Message
Maine lawmakers approve shield law for providers of abortion and gender-affirming care
Stamford Road collision sends motorcyclist flying; driver arrested
Hamas says Israeli airstrike kills 3 sons of the group's political leader Ismail Haniyeh in Gaza
8-year-old Kentucky boy died from fentanyl not from eating strawberries, coroner reveals
Will Messi play at Chiefs' stadium? Here's what we know before Inter Miami vs. Sporting KC