Current:Home > ContactOliver James Montgomery-Online sports betting to start in Vermont in January -Streamline Finance
Oliver James Montgomery-Online sports betting to start in Vermont in January
NovaQuant View
Date:2025-04-08 23:21:34
MONTPELIER,Oliver James Montgomery 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! (562)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Jimmer Fredette injury update: 3x3 star to miss 6 months after Olympic-ending injury
- Social media bans could deny teenagers mental health help
- Paris Olympics highlights: Noah Lyles wins track's 100M, USA adds two swimming golds
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Olympic triathlon mixed relay gets underway with swims in the Seine amid water quality concerns
- 2 months after Starliner launched, astronauts still haven’t returned: See timeline
- Team pursuit next for US cyclist Kristen Faulkner: 'Want to walk away with two medals'
- British swimmer Adam Peaty: There are worms in the food at Paris Olympic Village
- White Sox beaten 13-7 by Twins for 20th straight loss, longest MLB skid in 36 years
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Proposed law pushes for tougher migrant detention following Texas girl’s killing
- Competing for two: Pregnant Olympians push the boundaries of possibility in Paris
- Bloomberg apologizes for premature story on prisoner swap and disciplines the journalists involved
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Olympic sport climbers face vexing boulders as competition gets underway at Paris Games
- Slow Wheels of Policy Leave Low-Income Residents of Nashville Feeling Brunt of Warming Climate
- Why Team USA hurdler Freddie Crittenden jogged through a preliminary heat at the Olympics
Recommendation
Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
Sha'Carri Richardson gets silver but no storybook ending at Paris Olympics
U.S. women cap off Paris Olympic swimming with world-record gold in medley relay
U.S. takes silver in first ever team skeet shooting event at Olympics
Oklahoma parole board recommends governor spare the life of man on death row
Robert F. Kennedy Jr. says he left a dead bear in Central Park as a prank
Louisiana mayor who recently resigned now faces child sex crime charges
Christina Hall Takes a Much Needed Girls Trip Amid Josh Hall Divorce