Vermont sports betting has officially launched as DraftKings, Fanatics, and FanDuel began taking bets on January 11th = making becoming the 39th US state (& the District of Columbia) to offer legal sports-betting – either online, in-person – or both.
Sports betting in Vermont was officially signed into law by state Gov. Phil Scott following legislative approval in June of 2023.
The Department of Liquor and Lottery selected DraftKings, FanDuel and Fanatics Sportsbook to operate sports betting in the state. While both DraftKings and FanDuel were expected to launch yesterday, Fanatics had initially stated that it would open at a later date. However, all three sportsbooks are now live and online.
Lottery Commissioner Wendy Knight stated that the first 12 hours of sports betting saw around 7,000 people fully registered across all three sportsbooks. Total wagers for the period averaged around $15,000 per hour.
According to Knight, mobile betting is expected to generate approximately $7 million in revenue for the state in its first year of operation.
Vermont Mobile Sports Betting Operators
| Sportsbook Operator | Launch Date |
|---|---|
| DraftKings | January 11th, 2024 |
| FanDuel | January 11th, 2024 |
| Fanatics Sportsbook | January 11th, 2024 |
Additional Vermont Sports-Betting Facts
- Some Vermont betting sites don’t accept credit card deposits
- Bettors must be 21 or older to bet online in Vermont, and must be located in the state.
- Professional and college betting is permitted, but no wagers are permitted on local university or college games held in Vermont state.
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.