Gambling in Vermont-The Green Mountain State
Vermont is not a gambling state.. Here is a Report about changes taking place. Here is Gambling in Vermont-Green Mountain State
Why Bother?
Vermont’s politicians have flirted with several forms of gambling. Most approved for trial were eventually shut down.
- 1959 – Parimutuel betting begins.
- 1963 – All horse races take place at the Green Mountain Race Track in Pownal
- 1967 – Green Mountain Race Track hosted greyhound races until greyhound racing was banned in 1992
- 1977 – Vermont launches its lottery
- 2008 – Green Mountain Race Track was closed down.
- 2015 – the local lawmakers authorized the installation of Video Lottery Terminals in 25 bars across the state as a part of a pilot program. However, this program was terminated one year later, and the terminals were removed.
Vermont Gambling Law Summary
Vermont Statutes define gambling as “winning or losing money or another valuable thing by play or hazard at any game.” But, this definition is broad enough to cover internet games, While offshore sites while remaining within state lines is against the law. And, engaging in unlawful gambling is punishable by a $10-$200 fine. The penalty may also involve imprisonment for up to sixty days.
Related Post – Poker Rooms in New Hampshire and More
Will SportsBetting Find A Home – Gambling in Vermont
Vermont is surrounded by states with sports betting. Massachusetts, New Hampshire, New York the Canadian province of Quebec all have legalized Sports Betting. Multiple bills to legalize sports betting in Vermont have failed recently, but their sponsors were back again in 2021.
Legal Betting Options Around Vermont
The closest option for Vermont residents was upstate New York casinos, crossing the Canadian border into Quebec, or going to New Hampshire and downloading the DraftKings Sportsbook app. All of these apps were already operating in some fashion in the Northeast.
- DraftKings Sportsbook
- FanDuel Sportsbook
- Caesars Sportsbook
- BetMGM Sportsbook
- BetRivers Sportsbook
The Wait is Over!
This latest bill:
- Would authorize Vermont sports betting through the lottery and allow up to six mobile sportsbook operators.
- Would ban betting on Vermont colleges or any college event in Vermont.
- In-state colleges in a college tournament or state events are acceptable wagers.
- would allow betting through Vermont Lottery retailers for anyone 18 or over
By 10/1/2022, the bill stalled.
On May 4, 2023: Bill H127 passed in the Senate. Vermont sports fans are now able to bet online mobile sports betting. The state launched on Jan. 11.
“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.” – Phil Scott, Gov.
Vermont sports betting is available exclusively online. The state Department of Liquor and Lottery picked DraftKings, FanDuel, and Fanatics Sportsbook as operators.
Operators annually provide the state with a responsible gaming plan. It must include Together, the Department of Liquor and Lottery, and the Department of Mental Health will report to the Legislature on the impact of sports betting on problem gambling in Vermont.
- information about the posting of materials related to problem gambling;
- resources are available to bettors with concerns about problem gambling;
- house-imposed player limits; and self-exclusion programs.
The Rules
- Five online sports betting companies applied for licenses in Vermont. FanDuel, DraftKings, and Fanatics were the only three to receive approval from the Vermont Board of Liquor and Lottery.
- Bettors can wager on pro leagues and collegiate sports. However, in-state colleges are off-limits unless they are participating in a tournament.
- Bettors in Vermont must be 21 and inside state lines.
- The Vermont Department of Liquor and Lottery oversees online sports betting in the state.
Robin “Binbin” Aubin
NETimeGambling.com