Governor Phil Scott and Department of Liquor and Lottery Commissioner Wendy Knight announced today that online sports wagering will launch in Vermont on January 11, 2024. Through a competitive bid process, the Department of Liquor and Lottery selected DraftKings, FanDuel, and Fanatics Sportsbook to operate mobile sports wagering platforms in Vermont.
“I first proposed Vermont legalize sports wagering several years ago, and it’s good to see it come to fruition,” said Governor Scott. “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.”
In June, Governor Scott signed a bill legalizing online sports wagering and authorizing the Department of Liquor and Lottery to contract with operators to conduct a sportsbook in through a mobile platform in Vermont. The bill also provides additional resources to enhance the State’s responsible gaming services. The State will receive a percentage of each operator’s Adjusted Gross Sports Wagering Revenue, in addition to an operator fee. The new online sportsbook operation is expected to bring in up to $7 million in new revenue to the State during the first full year of operations.
“We are excited to offer sports enthusiasts the ability to engage in sports wagering in Vermont with three of the industry’s top companies,” said Commissioner Knight.
With contracts fully executed, a pre-registration period opens today allowing the operators to market their brand and pre-register players before the January launch date. – Gov. Phil Scott press release
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Categories: Press Release
“It claimed almost 200 lives in Quebec between 2005-2013. In 2010 alone, 233 Hong Kong citizens succumbed to it. It kills indiscriminately, taking NFL wide receivers, beloved sisters and unlucky college students. It may be more widespread than we will ever know for it often leaves no clear trail of evidence.
What is it? The number of pathological gamblers who commit suicide.
The World Health Organization estimates that, of approximately one million suicides each year, five percent are related to compulsive gambling. The National Council on Problem Gambling tells us that twenty percent of gambling addicts will attempt to kill themselves, a suicide rate that is more than double that of any other addiction.
“It claimed almost 200 lives in Quebec between 2005-2013. In 2010 alone, 233 Hong Kong citizens succumbed to it. It kills indiscriminately, taking NFL wide receivers, beloved sisters and unlucky college students. It may be more widespread than we will ever know for it often leaves no clear trail of evidence.
What is it? The number of pathological gamblers who commit suicide.
The World Health Organization estimates that, of approximately one million suicides each year, five percent are related to compulsive gambling. The National Council on Problem Gambling tells us that twenty percent of gambling addicts will attempt to kill themselves, a suicide rate that is more than double that of any other addiction.”
Don’t you just love how our government looks out for us and our well being ?
Oh Boy!
Online gambling, a gift sent from heaven, and just in time for Christmas!
Personally, I think there is a special place in hell for the people that brought this flawed, twisted, government sponsored activity, to Vermonters.
It is evil incarnate.
Do you need the government to tuck you in at night and kiss your forehead too? Don’t tell me how to spend my money, can’t handle it then don’t play
Well then let’s legalize street fentanyl, cocaine and prostitution and let people “choose” their poison.
Chris is sort of right. However, the government shouldn’t be involved in this business. I don’t see “open up a gambling collaboration business, and take money from it so we can just waste it and destroy more wealth”, listed anywhere in the constitution(s). @Rich Lachapelle: Absolutely legalize all drugs. If you need the government to tell you what is safe to do to your body, you have much bigger issues in your life. Remember, you are essentially saying, “I want to use violence against you because you are doing something I don’t like”. I highly doubt Rich is a violent person. It sounds he is quite the opposite. Let’s try to be better.
Get rid of pharmaceutical monopolies and the patent systems. It’s very cheap to produce crappy drugs. We don’t benefit from the false economy created by the black market drugs, which funds gangs and black budget government operations. Drug users are largely enabled by someone who supports them, weather it be the government or a relative paying for their expenses. Promote responsibility and replace the welfare system with voluntary private insurance.
If someone is selling a product that is causing harm, they also need to be responsible, so that will put more responsibility on the drug sellers instead of giving false government “permits”, known as doctor prescriptions which prevent them being sued for harmful side-effects on many occasions. But in the interim, go ahead and give people that do drugs prescriptions, and keep the money out of the gangs/etc.
Zombies on drugs hanging out in public areas making you uncomfortable? Well, if we get rid of all welfare that won’t be as prevalent. Sell the public areas to private people who can decide who is allowed to come and go to their property, and what types of activities are allowed there.
People today grow up without any sense of individual responsibility. Everyone says government needs to do, “thing that I want!”. Well, it’s all a pipe dream. Government is not useful to give you what you want. The only solution is the promotion of individual responsibility and accountability! Government should be held to a higher standard, being required to follow all the same rules that individuals need to follow. When someone in government breaks a rule or law, they should be punished 3 times harder than any citizen would be punished. When is the last time you have seen a politician put in jail for violating 42 U.S. Code § 1983? About 99% of them should be in prison for breaking the highest laws of the land. It’s time to get a DA in that will enforce the most important laws and start jailing from the top down. The people need to be on the top of the hierarchy, and the government needs to be on the lowest part of the hierarchy as our servants, where they belong.
Problem Gambling Tied to Major Risk for Long-Term Work Disability
DISCLOSURES | December 11, 2023
“Problem gamblers have an 89% risk for long-term work disability, a new study suggests. Women, older persons, and those with psychiatric comorbidities or a history of psychotropic medication use were at highest risk.”
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vermont is number one run by number two heads
The Vermont legislature resisted allowing any forms of gambling citing the usual concerns for people who get in over their heads and then require help from the public treasury. Then they began salivating over the revenue and we got the lottery and now online betting, which is just too darn easy to engage in from the comfort of home. I have no problem with gambling, for people who can afford the potential loss, but unfortunately, too many people on welfare do it. If I give money to someone in need and they gamble with it, I expect to share in some of their winnings. I think that you should have to be “qualified” to gamble (including lottery) with some form of licensure, by demonstrating that you are not the recipient of ANY non-entitlement public assistance.
“Well then let’s legalize street fentanyl, cocaine and prostitution and let people “choose” their poison.” What is with you people and false equivalencies? Try sticking to the topic which is gambling, none of the nonsense that you are spewing.
On another note, I’m glad to see that you’re finally understanding what actual conservatism is. I need the government to punish bad free market actors, not protect me from bad choices. If you need the government from protecting you from putting $500 on the Patriots next week, then you probably shouldn’t be voting or owning property either.
Granny Clampet upon being named Vice President of the Commerce Bank of Beverly Hills stated “I looked up the word Vice, and I don’t want to be President of no such goins on” !