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Vermont recently updated its sports betting regulations, prohibiting individual athletes from engaging in NCAA sports betting within the state, aligning with the growing trend in the United States. This decision by the Vermont Department of Liquor and Lottery (DLL) is part of a broader effort to protect student athletes from potential harassment and exploitation.
The updated regulations now stipulate that "any proposition betting by individual athletes in NCAA sanctioned events offered by Vermont is prohibited, while allowing bets to be placed by the entire team." With this change, legislators and regulatory bodies nationwide are increasingly concerned about the potential for harassment of student athletes.
Vermont is not the first state to implement such restrictions. Maryland and Ohio recently banned college players from self-operated gambling, and Ohio and West Virginia have also passed legislation banning abusive gambling. These changes reflect broader shifts in the sports betting landscape, with most states in the US now prohibiting or restricting self-operated gambling by college athletes.
The growing trend in US sports betting regulation has seen NCAA President and former Massachusetts Governor Charlie Baker actively lobbying legislators and gambling regulators. Their concerns focus on the possibility of insider information leaks and the harassment of students and athletes by sports gamblers.
Some states have taken proactive measures to address these issues. For example, Maryland even received approval from the NCAA to ban college player proposition betting before formally requesting it. Similarly, in Ohio, the NCAA urged regulators to remove college player proposition betting from the state's sports betting products.
Legal sports betting in Vermont began in January, with DraftKings, Fanatics, and Fanduel becoming the state's three authorized operators through a bidding process. While the state's market is relatively small and the prohibition of self-operated gambling by college players is unlikely to have a significant impact on these companies, it may anger gamblers, especially with the frenzy of March Madness and other popular events approaching.
Despite these potential challenges, banning college player proposition betting is seen as a necessary step to protect student athletes. As more states follow suit, it's clear that the landscape of sports betting in the US is changing, with a greater emphasis on athlete protection. With this trend continuing, we are likely to see further changes in national sports betting regulations. |
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Post time 16-4-2024 06:32:52