Vermont is one of the few states in the United States that has yet to legalize sports betting. However, with the recent introduction of a new bill in the state legislature, it seems that Vermont sports betting may finally be reaching the finish line.

The bill, which was introduced by Senator Dick Sears, would allow for sports betting to be offered at licensed casinos and racetracks in Vermont. The bill also includes provisions for online sports betting, which would be offered through the same licensed operators.

Sears has expressed confidence that the bill will pass, citing the fact that neighboring states like New Hampshire and Rhode Island have already legalized sports betting. He believes that Vermont is missing out on potential revenue by not legalizing the activity.

In addition to potential revenue for the state, legalizing sports betting could also have a positive impact on local businesses. Many sports bettors currently travel to neighboring states to place their bets, which means that Vermont businesses are missing out on potential customers.

However, there are still some concerns about the potential negative effects of sports betting. Some worry that it could lead to an increase in problem gambling and addiction. To address these concerns, the bill includes provisions for responsible gambling and addiction prevention programs.

Overall, it seems that Vermont sports betting is expected to reach the finish line with the sponsor’s confidence. If the bill passes, Vermont will join the growing list of states that have legalized sports betting in recent years. This could have a positive impact on the state’s economy and local businesses, but it will also be important to address any potential negative effects of the activity.