Vermont Governor Phil Scott, alongside Department of Liquor and Lottery Commissioner Wendy Knight, has announced a historic milestone for the state—the launch of legal online sports betting on January 11, 2024. This eagerly awaited development comes after the passage of HB 127 in June, paving the way for a regulated and consumer-protected sports wagering marketplace in Vermont.
Selected Operators:
Leading the charge in Vermont’s foray into online sports betting are industry giants DraftKings, FanDuel, and Fanatics Sportsbook. These renowned platforms have been selected to operate mobile sports wagering, ensuring a diverse and competitive landscape for Vermonters and visitors to engage in legal sports betting activities.
Governor’s Perspective:
Governor Phil Scott, who played a pivotal role in advocating for the legalization of sports wagering in Vermont, expressed his satisfaction with the realization of this long-anticipated initiative. He remarked, “I first proposed Vermont legalize sports wagering several years ago, and it’s good to see it come to fruition. 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.”
Consumer Protections and Revenue Generation:
The introduction of legal online sports betting in Vermont is not only a win for avid sports enthusiasts but also a strategic move to implement essential consumer protections. By choosing reputable operators like DraftKings, FanDuel, and Fanatics Sportsbook, the state aims to provide a secure and transparent betting environment.
Additionally, the legalization of sports wagering aligns with Vermont’s economic goals, as it is expected to generate revenue for the state. The regulated nature of the industry ensures that funds contribute to essential public services and initiatives.
The Countdown to January 11, 2024:
With the official launch date set for January 11, 2024, Vermonters and visitors alike can look forward to a new era in sports entertainment. The carefully selected operators bring not only experience and innovation but also a commitment to responsible gaming practices, ensuring a positive and enjoyable experience for all participants.
Vermont’s embrace of legal online sports betting signifies a progressive step towards providing residents and visitors with a regulated and exciting sports wagering experience. The selection of industry leaders as operators underscores the commitment to quality and consumer protection. As the countdown begins to January 11, 2024, Vermont anticipates a flourishing sports betting market that aligns with the state’s values and economic objectives.