Current Status of Sports Betting in Vermont: A Fresh Look
Legislators in Vermont Advocate for Bill to Shut Down Sports Gambling Sector
Let's dive into the guts of sports betting in the Green Mountain State! In 2025, Vermont sports fans can legally place their bets online, but with a limited selection. Only DraftKings, FanDuel, and Fanatics are currently running the show, despite six licenses available[1][2]. BetMGM saw a chance to join the fun, but technical snags in their application blocked their entry for now.
The Halt: Proposal to Unravel Sports Betting
All hail Bill H.133, folks! This bill, introduced in February 2025 by three discontented legislators, wants to throw a wrench in Vermont's sports betting works[5]. While the reasons behind this aren't crystal clear, it fuels ongoing debates about the long-term implications of betting in the state.
The Rub: Low-Income Families, a Close Look
It's crucial to examine the potential effects of sports betting on low-income families. Here's the breakdown:
- Financial Strain: Naysayers warn that increased gambling could hit low earners hardest. The worry is that these families may allocate more money towards betting, causing a financial strain.
- Tax Bite: Vermont's 31.7% sportsbook tax is among the highest in the nation[2]. While it boosts state revenue, it could impact the attractiveness and success of the betting market for operators.
- Social Turbulence: Legal sports betting can increase access to gambling, potentially aggravating problem gambling issues among vulnerable groups, like low-income families.
Where's the Smoke?: Future Uncertainties
Although Bill H.133 seems to have a hard road ahead, legislative discussions highlight the enduring importance of questioning the social and economic impact of sports betting in Vermont[5].
So there you have it! While fears about low-income families are present, they might not be the main engine driving the proposal to axe sports betting in Vermont. Instead, wider social and regulatory concerns creep in saveme1 for further discussion. Want more juicy insights? Head to x.com/g00sefactory and check out Michael Savio's articles! casinos.com is the perfect spot to get in on the action!
- Michael Savio's articles on x.com/g00sefactory offer more insights about the current status of sports betting in Vermont, being a hot topic of discussion.
- Even though Vermont has legalized sports betting online, allowing only DraftKings, FanDuel, and Fanatics to operate, there is a proposal (Bill H.133) aiming to halt the industry.
- Online casino companies like BetMGM are eager to join the sports betting market in Vermont, but technical issues are currently preventing their entry.
- The coronary of the sports betting industry in Vermont, Bill H.133, has created a ruckus, as it proposes to disrupt the existing sports betting system, despite the potential financial benefits and concern for low-income families.
- Sports-betting income in Vermont is subject to a 31.7% tax, which lands it among the highest in the nation, raising questions about its long-term implications on the state's betting market attractiveness and potential socio-economic impact.
