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Online Sports Betting Bill Introduced in Vermont House

February 3, 2023 | Sports Betting

MONTPELIER, Vt. (February 1, 2023) – Vermont lawmakers have introduced a bill to legalize sports betting.

The proposal is for online betting only, not brick-and-mortar operations. It is expected to bring about $10 million in revenue annually into state coffers and would be administered by the Department of Liquor and Lottery.

Sponsors, including Rep. Matt Birong, D-Addison 3, say they were mindful to create resources for education, prevention, and treatment of problem gambling. “The conversation around sports wagering is similar to that of cannabis — get it out of the dark markets, provide supports for people, consumer protection, capture the revenue,” he said.

There are still numerous steps in the process before a sports betting system would be up and running, with lawmakers estimating the soonest would be in time for the 2024 Superbowl.

Governor Phil Scott has indicated he would support a sports betting measure.

SOURCE: WCAX.
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