Vermont residents and sports enthusiasts, mark your calendars! The Green Mountain State is about to join the growing list of places where sports betting is officially legal and regulated. So when will sports betting be legal in Vermont? Starting on January 11th, 2024, Vermonters will be able to place their bets on their favorite sports teams and events legally.
This long-awaited moment is the result of months of legislative discussions and careful planning to bring sports betting to Vermont. It’s a significant development that promises to add a new layer of excitement to the state’s sports scene and generate revenue for the state to use on different programs.
The Road to Legal Sports Betting in Vermont
The journey towards legal sports betting in Vermont began when Governor Phil Scott signed a bill into law in 2022, paving the way for a regulated sports betting market. The legislation allowed the Vermont Lottery Commission to oversee and regulate sports betting operations within the state.
Since then, there has been anticipation and preparation on both the regulatory and industry sides. Several sportsbook operators have been granted licenses, ensuring a competitive market for Vermont sports bettors.
What Can Vermonters Expect?
On January 11th, Vermonters can start placing bets on a wide range of sports, including professional and college sports. One important note is that there will be restrictions when betting on Vermont colleges and universities. The options will include popular sports like football, basketball, baseball, soccer, and more. Additionally, in-play betting, where you can wager on games as they unfold, will be available.
Mobile sports betting apps and online platforms will also be accessible to Vermont residents, providing convenience for those who prefer to bet from the comfort of their homes or on the go. These platforms will offer a user-friendly interface and a variety of betting options.
FanDuel: Bringing the Action to Vermont
One of the major players entering the Vermont sports betting scene is FanDuel. With a proven track record in other states, FanDuel is set to offer Vermonters a top-notch sports betting experience. The operator is known for its user-friendly mobile app and a wide array of betting options(including Daily Fantasy), making it an appealing choice for both beginners and seasoned bettors.
FanDuel will provide odds and wagering opportunities on a vast selection of sports, including professional and college sports, ensuring there’s something for every sports fan. Their entry into the Vermont market promises to add an extra layer of excitement to the state’s sports betting landscape.
✔ Pre Reg Offer $100 Bonus Bets
✔ NFL Odds Boosts
✔ Bet $5, Get $200 in Bonus Bets
$100 in Bonus Bets When You Join + Bet $5, Get $200 Bonus Bets Once Live!T & C Apply
DraftKings: A Leader in Sports Betting
DraftKings is another well-known operator that Vermont residents can look forward to. With a strong presence in the sports betting industry, DraftKings offers an intuitive platform and a variety of betting markets.
Vermonters who choose DraftKings can expect a seamless betting experience on sports ranging from football and basketball to niche events. Their user-friendly mobile app will allow for convenient wagering, whether you’re at home or on the move.
✔ $200 in Bonus Bets when DraftKings Goes Live
✔ Favorite NFL Team Option
✔ Same-Game Parlays on all Sports
$200 in Bonus Bets When DraftKings Goes Live!T & C Apply
Fanatics Sportsbook: A New Player in the Game
The sports betting market in Vermont will also welcome Fanatics, a brand known for its sports merchandise and apparel. Fanatics is entering the betting industry with a unique approach, integrating sports betting with fan engagement.
Fanatics aims to provide an immersive sports betting experience that connects fans to their favorite teams and athletes. While they are a newcomer to the sports betting scene, their innovative approach could bring a fresh perspective to the Vermont market.
Responsible Gambling and Regulations
While the legalization of sports betting brings excitement, it’s crucial to remember the importance of responsible gambling. Vermont’s regulatory framework includes measures to promote responsible betting and protect vulnerable individuals.
Age restrictions and self-exclusion programs will be in place to ensure that only adults can participate in sports betting. The minimum age to bet in Vermont will be 21. The Vermont Lottery Commission will also monitor and enforce rules to maintain the integrity of the industry like having restrictions when it comes to betting on Vermont schools.
Economic Benefits for Vermont
Apart from providing an entertaining pastime for sports enthusiasts, legal sports betting is expected to generate revenue for the state. Taxes and licensing fees paid by sportsbook operators will contribute to state funds, supporting various public services and initiatives. Vermont law will require $250,000 of the year’s revenue to go to the state’s problem gambling fund.
Now It’s Time To Bet In Vermont
The countdown has begun for sports betting enthusiasts in Vermont as they eagerly await January 11th, 2024. With legal sports betting finally arriving in the Green Mountain State, residents can look forward to an exciting new way to engage with their favorite sports and teams. It’s a significant development that combines entertainment, economic benefits, and an emphasis on responsible gaming practices.
As Vermont joins the ranks of states with legalized sports betting, it will be interesting to see how the industry evolves and how it impacts the local sports scene. Stay tuned for updates and enjoy the action responsibly!
How Do NHL Division Leaders On Jan. 1 Finish Season?
Peter has more than 15 years of experience as a copywriter and a sports reporter. Other specialties include email marketing, proofreading and copy editing. He resides in Massachusetts with his wife and son.