The wait is over for Vermont sports fans! As of midnight January 11, 2024, the Green Mountain State officially joined the burgeoning legal sports betting market, becoming the last New England state to do so. This historic launch opens up a whole new world of entertainment and potential revenue for Vermonters.
Here are Vermont sportsbooks that are now legal:
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Overview of the Welcome Offers for Legal Vermont Sports Betting Operators
In the Green Mountain State, sports bettors can now claim up to $400 in bonus bets. Generally, the offers for both DraftKings and FanDuel are the same: Bet $5, Get $200 in bonus bets. The main difference between the offers is that new customers need to make at least a $5 deposit on DraftKings, whereas the minimum deposit on FanDuel is $10.
💰 DraftKings VT Promo Code (no code needed)Bet $5, Get $200 in Bonus Bets💰 FanDuel VT Promo Code (no code needed)Bet $5, Get $200 in Bonus Bets✅ Last Verified:January 11, 2024
The Road to Legalization
The journey towards the launch of legal Vermont sports betting hasn’t been without its obstacles. The Supreme Court’s decision in 2018 to strike down the federal ban on sports betting opened the door for individual states to decide their own fate. Following this ruling, several states moved swiftly to legalize and regulate the industry. However, Vermont took a more cautious approach, carefully considering the potential benefits and concerns associated with sports betting.
Regulation and Consumer Protection
One of the primary concerns when legalizing sports betting in Vermont was ensuring consumer protection and responsible gambling practices. Vermont lawmakers have implemented a robust regulatory framework to safeguard against potential issues. Licensed operators are required to adhere to strict guidelines, including age verification, self-exclusion programs, and measures to detect and prevent problem gambling. This focus on responsible gambling aims to provide a safe and enjoyable experience for all participants.
Outlook of Vermont Sports Betting Operators
Now that the regulatory hurdles have been cleared, Governor Phil Scott, a longtime proponent of legalized Vermont sports betting, celebrated the occasion: “It’s good to see it come to fruition,” he said. “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.”
Indeed, Vermonters can now place bets on their favorite teams and athletes through approved Vermont sports betting mobile apps. DraftKings, FanDuel, and Fanatics Sportsbook emerged as the winners in a competitive bidding process, bringing their familiar platforms and diverse betting options to the state. (The Fanatics launch is currently delayed.)
While excitement crackles in the air, the Vermont launch is also noteworthy for its responsible gaming focus. The Department of Liquor and Lottery, tasked with overseeing the operation, has put strong emphasis on player protection. Resources have been allocated to enhance responsible gaming services, offering support and education to ensure safe and regulated gameplay.
So, what does this mean for Vermonters? First, it offers a new entertainment avenue. Watching the big game just got a whole lot more exciting with the possibility of a wager on the line. The thrill of predicting outcomes, celebrating unexpected victories, and sharing the experience with friends – these are all ingredients for a more engaging and immersive sports experience.
Secondly, legal sports betting presents a potential economic boon. Revenue generated from taxes on operators will be directed towards education, job creation, and vital state services. This influx could provide much-needed resources for Vermont’s communities.
Of course, it’s crucial to remember that responsible gaming is key. Betting should be treated as a form of entertainment, not a source of income. Vermonters are encouraged to play within their means and utilize the available resources if needed.
As fans settle in for the next big game, smartphones in hand, one thing is clear: the launch of legal sports betting in Vermont marks a new chapter for the state. It’s a step towards increased entertainment options, potential economic benefits, and a renewed focus on responsible gaming. Game on, Vermont!
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Peter has more than 15 years of experience as a copywriter and a sports reporter. Other specialties include email marketing, proofreading and copy editing.
As a user of ESPN BET, DraftKings, FanDuel and other online sportsbooks, he writes reviews for US Betting Report using firsthand experience. He also has experience reporting about market launches in the gambling industry, including the recent launch of legalized sports betting in Vermont.
Peter resides in Massachusetts with his wife and son.