Vermont Governor Expected to Sign Bill Legalizing Online Sports Betting

Vermont Governor Expected to Sign Bill Legalizing Online Sports Betting

Vermont is set to become the latest state to legalize online sports betting after Governor Phil Scott is expected to sign a bill into law. The bill, which was passed by both the House and Senate, will allow online sports betting in the state.

The bill will allow for online sports betting through a variety of different platforms, including mobile apps and websites. It will also allow for in-person betting at certain locations. The bill does not allow for any form of online casino gaming, however.

The bill has been praised by many in the state, as it is seen as a way to generate additional tax revenue for the state. It is estimated that the bill could generate up to $20 million in taxes for the state each year. This money would be used to fund various state programs, such as education and infrastructure.

The bill has also been praised by sports fans in the state, as it will give them the opportunity to bet on their favorite teams and players. This could potentially lead to an increase in viewership for sporting events in the state, as well as an increase in revenue for the teams and leagues involved.

Governor Scott is expected to sign the bill into law in the coming weeks, making Vermont the latest state to legalize online sports betting. This move is sure to be welcomed by many in the state, as it will provide additional tax revenue and give sports fans the opportunity to bet on their favorite teams and players.