Vermont Code § 31 V.S.A. § 1332

Fair and truthful advertising
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§ 1332. Fair and truthful advertising
(a) A fantasy sports operator shall not depict in an advertisement to consumers in this
State:
(1) minors, other than professional athletes who may be minors;
(2) students;
(3) schools or colleges; or
(4) school or college settings, provided that an incidental depiction of nonfeatured minors
does not violate this section.
(b) A fantasy sports operator shall not state or imply in an advertisement to consumers
in this State endorsement by:
(1) minors, other than professional athletes who may be minors;
(2) collegiate athletes;
(3) colleges; or
(4) college athletic associations.
(c)(1) A fantasy sports operator shall include in an advertisement to consumers in this State
information concerning assistance available to problem gamblers or shall direct consumers
to a reputable source of that information.
(2) If an advertisement is of insufficient size or duration to provide the information
required in subdivision (1) of this subsection, the advertisement shall refer to a
website or application that does prominently include such information.
(d) A fantasy sports operator shall only make representations concerning winnings that
are accurate, not misleading, and capable of substantiation at the time of the representation.
For purposes of this subsection, an advertisement is misleading if it makes representations
about average winnings without equally prominently representing the average net winnings
of all players.

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