Vermont Finally Legalizes Sports Betting
Sports wagering has been declared legal in Vermont with Governor Phil Scott's authorization of a previously passed bill by the state's House and Senate.
On Wednesday, Gov. Scott put his signature to H.127, thus providing the citizens of Vermont with a legitimate channel for placing bets on various sports matches.
Starting this winter, individuals who are at least 21 years old will be permitted to place bets on professional sports and selected college sporting events.
The operation and development of this program will be overseen by the Vermont Department of Liquor and Lottery. The department anticipates having the system fully operational just in time for the forthcoming playoffs of the NFL season.
Wendy Knight, the Commissioner of the Department of Liquor and Lottery, noted that the conclusion of the regular NFL season on January 7th aligns perfectly with the commencement of the playoff season, making it an ideal time for the rollout of the betting program.
The reason bettors cannot begin wagering immediately is because the state must now liaise with sportsbook operators to identify the best partnership.
"We will assess them based on board-approved criteria. Then we will make a selection, notify the chosen operators, and proceed to contract negotiations and execution," Knight explained.
Several other states in New England, including Connecticut, Massachusetts, and New Hampshire, have already legalized sports betting.
Governor Scott welcomed the bill's enactment, pointing out that he had suggested legalizing sports betting a few years prior.
The newly signed bill also reserves funds for the Department of Mental Health, which is tasked with developing responsible gaming programs.
