Current:Home > InvestOnline sports betting to start in Vermont in January -FinanceCore
Online sports betting to start in Vermont in January
View
Date:2025-04-14 19:02:46
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)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Roblox set to launch paid videogames on its virtual platform
- Takeaways from AP’s report on the dilemmas facing Palestinian Americans ahead of US election
- NFL Week 1 winners, losers: Lions get gritty in crunch time vs. Rams
- Trump wants to turn the clock on daylight saving time
- Justin Fields hasn't sparked a Steelers QB controversy just yet – but stay tuned
- Mariah Carey Speaks Out After Her Mom and Sister Die on the Same Day
- 'The Room Next Door' wins Venice Film Festival's Golden Lion for best picture
- Bodycam footage shows high
- Bruce Springsteen talks 'Road Diary' and being a band boss: 'You're not alone'
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Black borrowers' mortgage applications denied twice as often as whites', report shows
- Prince accused of physical, emotional abuse in unreleased documentary, report says
- Pregnant Campbell Pookie Puckett Reveals Why Maternity Fashion Isn’t So Fire
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Why Paris Hilton Doesn’t Want Her Kids to Be Famous
- MLB power rankings: Braves and Mets to sprint for playoff lives in NL wild card race
- Bridge collapses as more rain falls in Vietnam and storm deaths rise to 21
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
The Latest: Harris and Trump are prepping for the debate but their strategies are vastly different
Nicole Kidman misses Venice best actress win after mom's death: 'I'm in shock'
Missing California woman found alive after 12 days in the wilderness
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Cowboys demolish Browns to continue feel-good weekend after cementing Dak Prescott deal
Four die in a small plane crash in Vermont
Ana de Armas Shares Insight Into Her Private World Away From Hollywood