{"id":8685,"date":"2025-02-19T08:12:51","date_gmt":"2025-02-19T08:12:51","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/02\/19\/vermont-lawmakers-propose-bill-to-repeal-online-sports-betting\/"},"modified":"2025-02-19T08:12:51","modified_gmt":"2025-02-19T08:12:51","slug":"vermont-lawmakers-propose-bill-to-repeal-online-sports-betting","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/02\/19\/vermont-lawmakers-propose-bill-to-repeal-online-sports-betting\/","title":{"rendered":"Vermont Lawmakers Propose Bill to Repeal Online Sports Betting"},"content":{"rendered":"<div>\n<p data-start=\"262\" data-end=\"589\">Three Vermont legislators have introduced a bill aiming to roll back the state\u2019s recently launched online sports betting market. Representatives Thomas Stevens (D), Troy Headrick (I), and Michael Mrowicki (D) filed Bill H.133 on February 4, seeking to revoke the state\u2019s authorization of online betting and the state lottery.<\/p>\n<p data-start=\"591\" data-end=\"802\">The proposal is currently under review by the House Committee on Government Operations and Military Affairs. Surprisingly, none of the bill\u2019s sponsors had previously voiced strong opposition to sports betting.<\/p>\n<p data-start=\"804\" data-end=\"1011\">Troy Headrick, the only sponsor who has publicly commented, expressed concerns about the state\u2019s gambling tax revenue. He told PlayUSA that he worries a significant portion comes from lower-income bettors.<\/p>\n<h2 data-start=\"1013\" data-end=\"1057\">Vermont\u2019s First Year of Sports Betting<\/h2>\n<p data-start=\"1059\" data-end=\"1285\">Vermont was the final New England state to legalize online sports betting, launching its market in January 2024. In its first year, sportsbooks generated a total handle of $198.7 million, with $21.9 million in gross revenue.<\/p>\n<p data-start=\"1287\" data-end=\"1481\">Interestingly, nearly 30% of the total bets came from out-of-state players. This shift marked a reversal of the previous trend, where Vermont residents would cross state lines to place wagers.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p data-start=\"1483\" data-end=\"1854\">The state initially granted licenses to DraftKings, FanDuel, and Fanatics, with the potential to approve up to six operators. While Vermont collected $6.3 million in tax revenue from sports betting in its first year, the figure fell slightly short of initial expectations. Analysts partly attributed this to an unpredictable NFL season that impacted sportsbook profits.<\/p>\n<p data-start=\"1895\" data-end=\"2126\">With Vermont facing financial challenges, repealing online sports betting could be a tough sell. The revenue generated from gambling taxes provides a much-needed boost to the state budget, especially as federal funding cuts loom.<\/p>\n<p data-start=\"2128\" data-end=\"2261\" data-is-last-node=\"\">Given the industry\u2019s rapid growth and financial contributions, Bill H.133 may struggle to gain widespread support in the legislature.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/vermont-lawmakers-propose-bill-to-repeal-online-sports-betting\/\">Vermont Lawmakers Propose Bill to Repeal Online Sports Betting<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Three Vermont legislators have introduced a bill aiming to roll back the state\u2019s recently launched online sports betting market. Representatives Thomas Stevens (D), Troy Headrick (I), and Michael Mrowicki (D) filed Bill H.133 on February 4, seeking to revoke the state\u2019s authorization of online betting and the state lottery. The proposal is currently under review [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8685","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8685"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8685\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}