Current:Home > StocksOnline sports betting arrives in Vermont -CapitalCourse
Online sports betting arrives in Vermont
View
Date:2025-04-14 00:00:10
MONTPELIER, 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 $7 million in revenue to Vermont during the first full year, Scott said. He signed a bill into law in June legalizing online sports betting in Vermont, which joins nearly three dozen other states.
Participants must be at least 21 years old to place a bet. The Vermont Department of Liquor and Lottery, in consultation with the state Department of Mental Health, will provide a report annually to the Legislature on the impact of sports betting on problem gambling in the state.
Operators will also be required to provide the state with a responsible gaming plan each year that includes information about the posting of materials related to problem gambling; resources to be made available to bettors with concerns about problem gambling; house-imposed player limits; and self-exclusion programs.
veryGood! (5)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Climber dead, another injured after falling 1,000 feet while scaling mountain in Alaska
- Clayton MacRae: What can AI do for us
- Stock market today: Asian shares rise, cheered by last week’s tech rally on Wall Street
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Travis Kelce Calls Taylor Swift His Significant Other at Patrick Mahomes' Charity Gala in Las Vegas
- California is joining with a New Jersey company to buy a generic opioid overdose reversal drug
- United Methodists prepare for votes on lifting LGBTQ bans and other issues at General Conference
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Zendaya breaks down her 'dream girl' dance scene in 'Challengers': 'It's hilarious'
Ranking
- Intel's stock did something it hasn't done since 2022
- Rihanna Reveals How Her and A$AP Rocky’s Sons Bring New Purpose to Her Life
- The Rolling Stones setlist: Here are all the songs on their Hackney Diamonds Tour
- Activist who fought for legal rights for Europe’s largest saltwater lagoon wins ‘Green Nobel’
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- NFL draft takeaways: Cowboys passing on RB opens door to Ezekiel Elliott reunion
- U.K. man charged with Russia-backed arson attack on Ukraine-linked site in London
- Colorado quarterback Shedeur Sanders swarmed at pop-up retail event, rakes in big sales
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Clayton MacRae : 2024 Crypto Evolution
Candace Parker, a 3-time WNBA champion and 2-time Olympic gold medalist, announces retirement
Martin Freeman reflects on age-gap controversy with Jenna Ortega in 'Miller's Girl'
What to watch: O Jolie night
Clayton MacRae: Global View of AI Technologies and the United States
Hawaii is known for its macadamia nuts. Lawmakers want to keep it that way
AIGM adding Artificial Intelligent into Crypto Trading Platform