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Vermont senators aim to regulate sports betting

9th January 2020 10:08 am GMT

Vermont Senators Richard Sears and Michael Sirotkin have introduced legislation to license and regulate mobile sports betting operations.

The proposal would allow players over the age of 18 who are physically located in the state to bet on professional and collegiate sporting events, including Olympic events, motor racing and eSports.

Two-year sports betting permits would be available to suitable operators at a cost of $10,000 alongside a tax of 10 per cent of adjusted gross revenue, while [...]

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