Current:Home > ContactOnline sports betting to start in Vermont in January -Clarity Finance Guides
Online sports betting to start in Vermont in January
View
Date:2025-04-12 09:40:56
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! (3)
prev:Sam Taylor
next:'Most Whopper
Related
- Trump issues order to ban transgender troops from serving openly in the military
- A Libyan delegation reopens talks in Lebanon on a missing cleric and on Gadhafi’s detained son
- Pastor of online church faces fraud charges for selling $3.2 million in worthless cryptocurrency
- Lily Gladstone makes Oscars history as first Native American to be nominated for best actress
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Hear us out: We ban left turns and other big ideas
- 'No evidence of aliens:' U.S.'s former top UFO hunter opens up in podcast interview
- The Christopher Reeve 'Super/Man' documentary left Sundance in tears, applause: What to know
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- British billionaire Joe Lewis pleads guilty in insider trading case
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Mila De Jesus' Husband Pays Tribute to Incredible Influencer After Her Funeral
- Pastor of online church faces fraud charges for selling $3.2 million in worthless cryptocurrency
- After 3 decades on the run, man arrested in 1991 death of estranged wife
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Georgia Senate passes new Cobb school board districts, but Democrats say they don’t end racial bias
- Several injured after 7.1-magnitude earthquake hits part of western China
- Taylor Swift’s Reputation Precedes Her During Nobu Outing With Brittany Mahomes
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Give Them Cozy With Lala Kent’s Affordable Winter Fashion Picks
Massachusetts is planning to shutter MCI-Concord, the state’s oldest prison for men
Heavy snow strands scores of vehicles on a main expressway in central Japan
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
‘Doomsday Clock’ signals existential threats of nuclear war, climate disasters and AI
'I just need you to trust me. Please.' Lions coach Dan Campbell's speeches are legendary.
Pope says Holocaust Remembrance Day reminds world that war can never be justified