The state of Vermont is getting closer to legalizing sportsbetting within its borders, as a bill regulating the activity passed through the state House last week.
The bill is formally known as House Bill 127 and would legalize the activity, which would be overseen by the Department of Liquor and Lottery. The bill would have a bidding process put into place to approve of operators in the market, wherein at least two but no more than six can be sanctioned. Online sportsbetting and retail would be permitted. A Responsible Gaming Special Fund will be established and operated by the state's Department of Mental Health to treat those in need.
House Bill 127 was introduced by Rep. Matt Birong (D), and was co-sponsored by nine other House members of both major parties.
The bill will now head to the state Senate for debate and a vote. If it passes there, it will head to the desk of Governor Phil Scott, who can sign it into law or veto the measure.