Once neighbouring New Hampshire had legalized online sports betting it was only going to be a matter of time before the state of Vermont began to consider their own bill.
In early 2020 the state did just that. The Senate apporoved a bill that calls for a committee to consider how legal sports betting could be regulated in the state.
It will be interesting to see if the Green Mountain State opt to go with a similar set up as New Hampshire, where the state lottery have an exclusive deal with DraftKings.
This seems to have worked well so far. In a small state, with no major league teams, the idea of high competition can put off some sportsbooks from setting up shop in the state. However, with the incentive of an exclusive contract it can inceltivize a sportsbook to create a great product as well as share its profits with the state lottery.
New York which also borders Vermont allows sports betting but only in retail venues.
It looks like the committee should produce a piece of legislation which will be considered in the 2021 session.