An act relating to sports wagering

This bill authorizes Vermont's Department of Liquor and Lottery to operate sports wagering through contracts with private operators while establishing regulatory standards and oversight. It creates a competitive bidding process to select operators and allows the department to negotiate revenue-sharing agreements with those operators. The legislation defines prohibited sports bettors, including athletes and employees involved in sports, and restricts wagering on certain local collegiate and high school events. Additionally, it establishes responsible gaming standards and creates a special fund to support mental health services related to problem gambling.