Vermont is inching closer to legalizing online sports betting after a Senate committee approved an online sports betting bill and will now send the document to the floor.

The Vermont Senate Finance Committee approved H.127, a online sports betting bill that will authorize at a minimum two online sports betting licenses and a maximum of six licenses for the Green Mountain State.

The bill was approved by a voice vote in the House of Representatives in late March. There is no brick-and-mortar sportsbook element in the bill.