{"id":138611,"date":"2020-06-15T01:15:28","date_gmt":"2020-06-15T08:15:28","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=138611"},"modified":"2020-06-15T10:19:25","modified_gmt":"2020-06-15T17:19:25","slug":"vermont-senate-bill-creates-panel-to-examine-sports-betting-options","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/vermont-senate-bill-creates-panel-to-examine-sports-betting-options\/","title":{"rendered":"Vermont Senate Set to Pass Bill Creating Panel to Examine Sports Betting Options"},"content":{"rendered":"

When the Vermont state Senate convenes on Tuesday, it may give a final vote on a bill that would create a committee to examine how the Green Mountain State could legalize sports betting.<\/p>\n

\"Vermont
A t-shirt purchased by Casino.org reporter Steve Bittenbender during a business trip to Montpelier more than a decade ago. If the Vermont state Senate has its way, sports betting may really happen there in the near future. (Image: Casino.org)<\/figcaption><\/figure>\n

Senate Bill 59 received unanimous support after its second reading in the Senate during its virtual session Friday. The bill is now on the agenda for a third and final reading when the legislative body next gathers.<\/p>\n

State Sen. Michael Sirotkin (D-Chittenden), the bill\u2019s primary sponsor, told his colleagues that Vermonters are either going across state lines to make bets, or doing it through offshore or illegal methods.<\/p>\n

If we want to move sports betting to a legalized, regulated, and taxed approach, we need more information about the real-world track record of this activity and our own analysis of different ways to structure a taxed and regulated system,\u201d he said.<\/p><\/blockquote>\n

The bill calls for a panel consisting of the state\u2019s Attorney General, the Commissioner of Liquor and Lottery, the Commissioner of Taxes, the Secretary of State, the Secretary of Commerce and Community Development, two state senators, and two house members to review laws passed and models enacted in other states. State officials may designate a staffer to serve in their place. The group would review tax structure and possible limitations on what kind of sporting events could be offered to bettors.<\/p>\n

The report would be delivered to the House Committee on General, Housing, and Military Affairs and the Senate Committee on Economic Development, Housing, and General Affairs by Dec. 15.<\/p>\n

On Friday, state Sen. Ruth Hardy (D-Addison) asked if sponsors considered adding an addiction expert to the panel, as well as someone representing Vermont\u2019s colleges. Hardy and Sirotkin said they may discuss whether the panel would consider problem gaming before the third reading.<\/p>\n

Regarding college sports, state Sen. Dick Sears Jr. (D-Bennington) said lawmakers were told prohibiting all college sports would lead to many people continuing to bet through unregulated markets. It\u2019s possible, though, the state could ban betting on Vermont colleges and any junior-level events.<\/p>\n

Sears and Sirotkin also sponsored another sports betting bill<\/a> in the legislature this year.<\/p>\n

New Hampshire Changes Projections<\/h2>\n

When Sirotkin initially filed his bill last year, it stated that sports betting could generate between $1.1 million and $4.2 million in annual tax revenue. However, during testimony Wednesday before the Senate Appropriations Committee, he said revenues could be as high as $15 million, based on the New Hampshire model.<\/p>\n

That figure dropped by Friday, when he told the full Senate the state could see up to $10 million.<\/p>\n

New Hampshire, Vermont\u2019s neighbor, approved sports betting last year. Regulated by the New Hampshire Lottery Commission, the state released an RFP seeking sportsbooks to enter the market. While New Hampshire could have offered contracts to multiple vendors, officials eventually chose DraftKings<\/a> to be the exclusive provider. That’s after the Massachusetts gaming technology company offered a 51 percent of gaming revenues if it was only online and retail company.<\/p>\n

\n

Vermont ranks as the second-smallest state in terms of population, with approximately 625,000 residents. As Virginia recently passed legislation allowing casinos, it\u2019s also one of nine states remaining that do not have commercial or tribal casinos, or laws in place permitting them. Currently, the only legal forms of gaming available are charitable gaming and the state lottery.<\/p>\n<\/div>\n

Damien Leonard, an attorney with the Vermont Office of Legislative Council, told the committee Wednesday that the review panel would likely consider three ways the state could offer sports betting. Those options include allowing online gaming, allowing kiosks in bars or other merchants, and allowing the state lottery to operate it.<\/p>\n

\u201cThere is no sort of common model at this point. Every state has its own twist,\u201d he said, adding that 22 states and Washington, DC have passed sports betting laws.<\/p>\n

Not So Fast, House Leader Says<\/h2>\n

While it seems highly certain the Senate will pass the bill, its chances in the House aren\u2019t nearly that certain.<\/p>\n

Online news site VTDigger<\/a><\/em> reported Friday that the chairman of the House Committee that would receive the panel\u2019s report isn\u2019t keen on sports betting. State Rep. Tom Stevens (D-Waterbury) said he wouldn\u2019t say no just yet, but he also isn\u2019t sure there\u2019s a need for expediency either.<\/p>\n

\u201cI don\u2019t know if this is the right time for it. At a time when many Vermonters are losing their jobs or just on the edge, precariously financed. And when sports aren\u2019t being played, I\u2019m not sure this is something we need to consider too quickly,\u201d<\/strong> he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

When the Vermont state Senate convenes on Tuesday, it may give a final vote on a bill that would create a committee to examine how the Green Mountain State could legalize sports betting. Senate Bill 59 received unanimous support after its second reading in the Senate during its virtual session Friday. The bill is now […]<\/p>\n","protected":false},"author":45,"featured_media":138612,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,1074],"tags":[],"acf":[],"yoast_head":"\nVermont Senate Bill Creates Panel to Examine Sports Betting Options<\/title>\n<meta name=\"description\" content=\"The Vermont state Senate is expected to take up the bill during its session on Tuesday. 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It would go to the state House if lawmakers pass it as expected.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/vermont-senate-bill-creates-panel-to-examine-sports-betting-options\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-15T08:15:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-15T17:19:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/06\/20200615_035127-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"3156\" \/>\n\t<meta property=\"og:image:height\" content=\"1775\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steve Bittenbender\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Bittenbender\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/vermont-senate-bill-creates-panel-to-examine-sports-betting-options\/\",\"url\":\"https:\/\/www.casino.org\/news\/vermont-senate-bill-creates-panel-to-examine-sports-betting-options\/\",\"name\":\"Vermont Senate Bill Creates Panel to Examine Sports Betting Options\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/vermont-senate-bill-creates-panel-to-examine-sports-betting-options\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/vermont-senate-bill-creates-panel-to-examine-sports-betting-options\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/06\/20200615_035127-scaled.jpg\",\"datePublished\":\"2020-06-15T08:15:28+00:00\",\"dateModified\":\"2020-06-15T17:19:25+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2\"},\"description\":\"The Vermont state Senate is expected to take up the bill during its session on Tuesday. 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