Vermont Statutes Title 31 Sec. 1325
Terms Used In Vermont Statutes Title 31 Sec. 1325
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Department: means the Department of Liquor and Lottery. See
- Operator: means a party who is authorized by contract or agreement with the Department to conduct a sportsbook. See
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Sports wagering: includes single game bets, teaser bets, parlays, over-under bets, money line bets, pools, exchange wagering, in-game wagering, in-play bets, proposition bets, and straight bets. See
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 1325. Crimes and penalties
(a) A corporation, association, or partnership that is not permitted to conduct sports wagering pursuant to this chapter that operates, conducts, or exposes sports wagering for play or accepts a bet or wager associated with sports wagering shall:
(1) for a first violation of this subsection, be fined not more than $50,000.00 or imprisoned not more than six months, or both;
(2) for a second violation of this subsection, be fined not more than $150,000.00 or imprisoned not more than one year, or both; and
(3) for a third or subsequent violation of this subsection, be fined not more than $300,000.00 or imprisoned not more than two years, or both.
(b) An operator who violates a provision of this chapter shall be fined:
(1) for a first violation, not more than $25,000.00;
(2) for a second violation, not more than $75,000.00; and
(3) for a third violation, not more than $150,000.00.
(c) Upon the violation of a provision of this chapter by an operator, the Department may terminate its contract with the operator and revoke the operator’s privilege to offer sports wagering within the State. (Added 2023, No. 63, § 1, eff. June 14, 2023.)