Vermont Sees Mobile Sportsbetting Bill Introduced

Lawmakers in Vermont introduced a bill that would allow mobile sportsbetting within the state, although land-based options would not be included.

Senate Bill 213 was introduced by senators Dick Sears and Michael Sirotkin and would "establish a system for the licensure and regulation of mobile sports wagering operators and suppliers, authorize sports wagering through licensed operators, and tax gross sports wagering receipts."

Operators would be charged a tax of 10% on gross sports wagering numbers, with funds payable into the Vermont general fund. If an operator loses money on the endeavor, they can use the loss to offset future tax payments. This scheme seems to be much more competitive than other state offerings. For instance, the state of New Hampshire has a 50% tax on sportsbetting revenues.

No timetable for debate or voting on the bill was made available as of press time. We'll be sure to update readers as we learn more.

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bgsharpe
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14 January 2020 - 8:13pm
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Lawmakers in Vermont introduced a bill that would allow mobile sportsbetting within the state, although land-based options would not be included.

If I was a Vermont native I wouldn't be bothered for the land based options at all if the online betting becomes available...as simple as that...of course I wouldn't be against it but it's just wouldn't be that crucial if it's not.

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