Vermont Governor Phil Scott signed H.313 into law on June 8, a bill that includes the requirement of a study of legalized sports betting in the state.
The law extends the allowance of bars and restaurants to continue to sell alcoholic drinks to go as well as requiring the study on sports betting to be completed by October 15, 2021.
"For years, I have also proposed that Vermont legalize and regulate sports betting, as more than a dozen states have done," Scott said in a press release.
"We know thousands of Vermonters are already participating in this activity, and the state should take steps to ensure fairness and safety while also generating new revenue to support enrichment opportunities for our youth, increase the affordability of childcare, or support universal access to afterschool programs. This bill includes a study that I hope will lead to action on this initiative next session."
Covers.com claims that New Hampshire took in $46 million in sports wagers in April alone and that Canada is about the legalize single-game betting. Any state can legalize sports betting since a court decision in May of 2018.
According to Covers, the Vermont study will examine sports betting laws and models in other states. It will also study revenue potential and the impact of regulated sports betting on problem gambling.