Vermont Senate committee ponders sports betting fees

Vermont Senate committee ponders sports betting fees

Article brief provided by Covers
  • Geoff Zochodne, Covers
April 20, 2023 4:21 PM
  • Geoff Zochodne, Covers

Vermont senators are mulling over exactly what they should charge operators of sports betting sites to set up shop in the Green Mountain State.

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The Vermont Senate’s finance committee met again on Wednesday and considered House Bill 127, legislation that would bring legal sports betting to the state via mobile apps and sites.

H.127 proposes a state-controlled model of authorized event wagering, with the Vermont Department of Liquor and Lottery conducting a competitive bidding process to select two to six operators of mobile sportsbooks to take wagers in the state. If there are not two worthy candidates, the department could go with a single operator as well, or none.