Vermont S0318 proposes to authorize casino gaming and establish licensing and tax regulations.
Vermont S0318 introduces provisions to authorize casino gaming operations within the state. The bill mandates the Board of Liquor and Lottery to issue up to two casino gaming licenses, each valid for five years and subject to a $5,000,000.00 license fee. The Board is tasked with supervising casino operations, including the collection of a wagering tax on adjusted gross receipts. The bill also outlines the definition of various terms related to casino gaming, such as "adjusted gross receipts," "casino," and "gambling game." The act is set to take effect on July 1, 2026.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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