Current:Home > NewsOnline sports betting to start in Vermont in January -Profound Wealth Insights
Online sports betting to start in Vermont in January
View
Date:2025-04-26 02:04:51
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! (54743)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Fox to the 'Rescue' this fall with 'Baywatch'-style lifeguard drama, 'Murder in a Small Town'
- Thousands of protesters in Armenia demand the prime minister’s resignation over Azerbaijan dispute
- Why 12-team College Football Playoff is blessing, curse for Tennessee, Florida, LSU
- Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
- Wilbur Clark's Commercial Monument: FB Finance Institute
- Fires used as weapon in Sudan conflict destroyed more towns in west than ever in April, study says
- A police officer was killed in Pakistan-held Kashmir during protests against price hikes
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Jury selection to begin in the corruption trial of Sen. Bob Menendez
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Brad Keselowski triumphs at Darlington to snap 110-race NASCAR Cup Series winless streak
- Paris Hilton and Nicole Richie Reuniting for Reality TV Show 17 Years After The Simple Life
- Germany limits cash benefit payments for asylum-seekers. Critics say it’s designed to curb migration
- 9/11 hearings at Guantanamo Bay in upheaval after surprise order by US defense chief
- Florida Panthers rally for win in Boston, put Bruins on brink of NHL playoff elimination
- Roaring Kitty is back and so are meme stocks, GameStop and AMC surge at the opening bell
- Paris Hilton and Nicole Richie Reuniting for Reality TV Show 17 Years After The Simple Life
Recommendation
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
A top Cambodian opposition politician is charged with inciting disorder for criticizing government
Steve Buscemi is 'OK' after actor was attacked during walk in New York City
Everlane’s Latest Capsule Collection Delivers Timeless Classics That Are Chic, Stylish & Vacation-Ready
Intel's stock did something it hasn't done since 2022
Paris Hilton and Nicole Richie Reuniting for Reality TV Show 17 Years After The Simple Life
Who is Zaccharie Risacher? What to know about potential No. 1 pick in 2024 NBA Draft
Missed Friday’s Northern Lights? The global light show, in photos