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Sports Betting Study Committee

Repealed on Dec. 30, 2022 by 2022, Act 183, Sec. 56(f)(4).

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Previous Meetings - Full Report

Summary Report

Tuesday, September 13, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair
11:35 AM

Housekeeping

  • Wendy Knight, Chair
11:40 AM

Policy Decision Matrix

- updated version from the first meeting
- discussion of future priorities

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel
12:30 PM

Committee Discussion

- Key Policy Decision Points
- Questions to Address
- Resources for Understanding "the How"

1:30 PM

Adjourn


Tuesday, September 27, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair
11:35 AM

Update from Legislative Counsel

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel
11:45 AM

Operator Demonstration

  • Rebecca London, Government Affairs Manager, Draft Kings
12:15 PM

Player Perspective

  • John Herko, Citizen
12:45 PM

Consumer Protection

  • Christopher Curtis, Chief, Public Protection Division, Attorney General's Office
1:00 PM

Committee Discussion

1:30 PM

Adjourn


Tuesday, October 4, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair
11:35 AM

Committee Discussion

Primary Decision-- What kind of regulated market do we want-- licensed market or control state?

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel
  • Graham Campbell, Senior Fiscal Analyst, Joint Fiscal Office
1:30 PM

Adjourn


Tuesday, October 11, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair
11:45 AM

Lessons Learned From Moving From Illicit to Regulated Market

  • James Pepper, Chair, Cannabis Control Board
12:15 PM

Review Decision Points

centralized vs. decentralized admin authority, statute vs. rulemaking, existing vs. new administrative structures with examples of other states.

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel
12:45 PM

Committee Discussion

1:30 PM

Adjourn


Tuesday, October 18, 2022
Meeting Details
Hearing Type
Public Hearing
Meeting Record
5:00 PM

Public Hearing on Sports Betting in Vermont

to register to speak at this hearing, email Mike Ferrant at mferrant@leg.state.vt.us or call 802-828-2271

-

Opening Remarks

history of the issue and committee work
logistical notes of the hearing
order of testimony

  • Wendy Knight, Chair, Sports Betting Study Committee

Tuesday, October 18, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair
11:35 AM

Operator Revenues and Fiscal Discussion

  • Andrew Winchell, Director of Governmental Affairs, FanDuel
12:05 PM

Taxes and Revenue Discussion

JFO reviews JFO report on expected revenue based on models. Leg Counsel reviews pro/cons/decision points for the key questions: do we want tax rate or revenue-share model to be flat rate or progressive?

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel
  • Graham Campbell, Senior Fiscal Analyst, Joint Fiscal Office
-

Committee Discussion and Vote

decision points and makes recommendation for taxes


Tuesday, October 25, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair, Sports Betting Study Committee
11:35 AM

New Hampshire Lottery Experience

  • Danny Maloney, Director of Sports Betting, NH Lottery Commission
  • Charles McIntyre, Executive Director, NH Lottery Commission
1:00 PM

Committee Discussion and Vote

Retail versus Online Market (vote)
New or Existing Administrative Structure (vote)

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel
1:30 PM

Adjourn


Tuesday, November 1, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair, Sports Betting Study Committee
11:35 AM

Connecticut Lottery Sports Betting Discussion

  • Greg Smith, President & CEO, Connecticut Lottery Corporation
12:05 PM

Sports Betting Discussion

Geolocation Compliance

  • Danny DiRienzo, Senior Director, Government Relations, GeoComply
12:35 PM

Committee Discussion and Vote

- TN model and hold limits
- competitive bid procedures and minimum contract requirements
- rule-making versus statute

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel

Tuesday, November 15, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair, Sports Betting Study Committee
11:35 AM

Responsible gaming and problem gambling

  • Brianne Doura-Schawohl, Founder, National Council on Problem Gambling
  • Marlene Warner, CEO, The Massachusetts Council on Gaming and Health, INC.
12:05 PM

Matrix of Fantasy Sports Consumer Protections

  • Christopher Curtis, Chief, Public Protection Division, Attorney General's Office
12:20 PM

Committee Discussion

- Consumer Protection and Responsible Gaming
- Minimum Revenue Share
- Tax Rate

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel
1:30 PM

Adjourn


Tuesday, November 22, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair, Sports Betting Study Committee
11:35 AM

Committee Discussion

· Should Fantasy Sports regulations serve as a floor for sports betting?
· What is the age limit for sports betting? 18?21?
· Are we recommending a Responsible Gaming Fund like language from SED that would be funded from sports betting revenue?
· What PG elements should be in statute vs. rule-making?
· Should credit card use and extension of credit be prohibited?
· Should we lower or eliminate the minimum revenu share in statute?
· Are we recommending where the tax revenue should be directed? GF? ED? and a specific expenditure, e.g. early child care

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel
1:30 PM

Adjourn


Tuesday, December 6, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair, Sports Betting Study Committee
11:35 AM

Review/Discussion of Report Finalization Process

vote on report after edits

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel
1:30 PM

Adjourn


Tuesday, December 13, 2022
Meeting Details
Hearing Type
Standard
Meeting Record
11:30 AM

Meeting Called to Order

  • Wendy Knight, Chair, Sports Betting Study Committee
-

Final Vote on Report to the General Assembly

review edits from previous meeting and vote on report.

  • Tucker Anderson, Legislative Counsel, Office of Legislative Counsel