Current:Home > NewsOnline sports betting to start in Vermont in January -Wealth Impact Academy
Online sports betting to start in Vermont in January
View
Date:2025-04-27 11:58:07
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! (4336)
Related
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Sara Bareilles thought 'Into the Woods' would last 2 weeks — she ended up on Broadway
- Pregnant Rihanna Will Lift You Up at the 2023 Oscars With a Performance
- 'Sesame Street' introduces TJ, the show's first Filipino American muppet
- The Daily Money: Spending more on holiday travel?
- Brooklyn Peltz Beckham Debuts Massive Tattoo Portrait of Wife Nicola Peltz Beckham
- How Sex/Life's Sarah Shahi and Adam Demos Fell in Love in Front of the Camera
- Single screenwriters hope to 'Strike Up a Romance' on the picket lines
- 2025 'Doomsday Clock': This is how close we are to self
- Mexico's president shares photo of what he says appears to be an aluxe, a mystical woodland spirit
Ranking
- Trump invites nearly all federal workers to quit now, get paid through September
- Dancing With the Stars' Emma Slater Files for Divorce from Sasha Farber
- In 'Quietly Hostile,' Samantha Irby trains a cynical eye inward
- UK worker gets $86,000 after manager allegedly trashed bald-headed 50-year-old men
- Senate begins final push to expand Social Security benefits for millions of people
- House select committee on China set to hold first high-profile hearing on Tuesday
- Putin gives Russian state award to actor Steven Seagal for humanitarian work
- Peter Pan still hasn't grown up, but Tiger Lily has changed
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Gisele Bündchen Is Unrecognizable With Red Hot Transformation
U.K. shoppers face bare shelves and rationing in grocery stores amid produce shortages
And the winner is: MTV Movie & TV Awards relies on old clips as it names its winners
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Here's Your Desert Music Festival Packing List for Spring Break
See the Chicago P.D. Cast Celebrate Their Milestone 200th Episode
Rooting for a Eurovision singer of the same name