Online sports betting to go live in Vermont in January
DraftKings, FanDuel and Fanatics Sportsbook are, interestingly, the only chosen operators.
Back in June of this year, an announcement was made to confirm the legalization of online sports betting in Vermont, with Governor Phil Scott signing the bill.
According to the Amercian Gaming Association, Vermont at the time became the 38th state to sign sports betting into law, and now sports fans in the Green Mountain State have a confirmed date for when it will finally kick off.
Now, Scott has announced that on January 11, 2024, players in Vermont will be able to bet on sports online, with DraftKings, FanDuel and Fanatics Sportsbook picked by the state’s Department of Liquor and Lottery to operate mobile sports wagering platforms in Vermont.
The Department of Liquor and Lottery will produce a report on the impact of sports betting on problem gambling with the Department of Mental Health, while operators will be required to annually provide the state with a responsible gaming plan.
In a statement, Scott, said: “I first proposed Vermont legalize sports wagering several years ago, and it’s good to see it come to fruition.
“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.”
Department of Liquor and Lottery Commissioner Wendy Knight added in a statement: “We are excited to offer sports enthusiasts the ability to engage in sports wagering in Vermont with three of the industry’s top companies.”
Scott has said it is expected that in the first full year of operation, sports betting will bring up to $7m in revenue to Vermont.
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