Current:Home > InvestJohnathan Walker:Online sports betting arrives in Vermont -Mastery Money Tools
Johnathan Walker:Online sports betting arrives in Vermont
Johnathan Walker View
Date:2025-04-08 10:01:52
MONTPELIER,Johnathan Walker 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! (453)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- NBA today: Injuries pile up, Mavericks are on a skid, Nuggets return to form
- Gold is suddenly not so glittery after Trump’s White House victory
- Conviction and 7-year sentence for Alex Murdaugh’s banker overturned in appeal of juror’s dismissal
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Historian Doris Kearns Goodwin to kick off fundraising effort for Ohio women’s suffrage monument
- Ford agrees to pay up to $165 million penalty to US government for moving too slowly on recalls
- Tesla issues 6th Cybertruck recall this year, with over 2,400 vehicles affected
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- New Orleans marks with parade the 64th anniversary of 4 little girls integrating city schools
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Robert F. Kennedy Jr. has a long record of promoting anti-vaccine views
- High-scoring night in NBA: Giannis Antetokounmpo explodes for 59, Victor Wembanyama for 50
- Diamond Sports Group can emerge out of bankruptcy after having reorganization plan approved
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- How Kim Kardashian Navigates “Uncomfortable” Situations With Her 4 Kids
- Video ‘bares’ all: Insurers say bear that damaged luxury cars was actually a person in a costume
- Halle Berry Rocks Sheer Dress She Wore to 2002 Oscars 22 Years Later
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Top Federal Reserve official defends central bank’s independence in wake of Trump win
Satire publication The Onion buys Alex Jones’ Infowars at auction with help from Sandy Hook families
Today’s Savannah Guthrie, Al Roker and More React to Craig Melvin Replacing Hoda Kotb as Co-Anchor
Rylee Arnold Shares a Long
Today Reveals Hoda Kotb's Replacement
FBI raids New York City apartment of Polymarket CEO Shayne Coplan, reports say
Jimmy Kimmel, more late-night hosts 'shocked' by Trump Cabinet picks: 'Goblins and weirdos'