Charles Hanover:Online sports betting arrives in Vermont

2025-04-28 17:32:19source:Henri Lumièrecategory:Invest

MONTPELIER,Charles Hanover Vt. (AP) — Vermont sports fans can now wager online as mobile sports betting launched in the state on Thursday.

DraftKings, FanDuel and Fanatics Sportsbook were selected to operate mobile sports betting platforms in Vermont, Republican Gov. Phil Scott said last month. He added that the regulated marketplace comes with important consumer protections and will generate revenue for the state.

The sports betting operation is expected to bring in up to $7 million in revenue to Vermont during the first full year, Scott said. He signed a bill into law in June legalizing online sports betting in Vermont, which joins nearly three dozen other states.

Participants must be at least 21 years old to place a bet. The Vermont Department of Liquor and Lottery, in consultation with the state Department of Mental Health, will provide a report annually to the Legislature on the impact of sports betting on problem gambling in the state.

Operators will also be required to provide the state with a responsible gaming plan each year 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.

More:Invest

Recommend

Military service academies see drop in reported sexual assaults after alarming surge

WASHINGTON (AP) — Reported sexual assaults at the U.S. military service academies dropped in 2024 fo

NFL power rankings Week 5: Do surging Baltimore Ravens rocket all the way up to No. 1?

NFL power rankings entering Week 5 of the 2024 season (previous rank in parentheses):1. Kansas City

Biden estimates recovery could cost billions ahead of visit to Helene-raved Carolinas

SWANNANOA, N.C. (AP) — President Joe Biden will survey the devastation in North and South Carolina o