Vermont sports betting bill passes House

If passed, a bidding process will be conducted for the state to approve qualified operators to enter the new market.

Under the bill, at least two but no more than six operators can be contracted by the commissioner to operate an online sportsbook in the state.

Additionally, there are a number of regulations set out in the bill to ensure safe gambling practices are put in place. Among these is the creation of the Responsible Gaming Special Fund, which is to be used by the Department of Mental Health for problem gambling related services.

The bill will now go on to be considered by the senate. If passed, Vermont would be seeing sports betting in the near future.