Vermont Sports Betting
Mobile/Online
State Market Snapshot
Authorized Operators
DraftKings FanDuel Fanatics
Market Notes
- Handle and growth: $17.33 million wagered in October 2025 (up ~53.7% from September’s $11.31 million); full-year calendar 2025 handle wrapped up at $235.08 million, representing a maturing marketplace compared to 2024’s initial launch year handle of $198.75 million, driven consistently by NFL surges and regional New England team loyalty.
- Market split: 100% mobile across three online skins; no retail options exist, with a significant baseline portion of active users and total wagering handle driven by a mix of dedicated in-state players and out-of-state cross-border tourists from non-regulated markets.
- Hold and tax: statewide hold averaged 6.71% in October, yielding $1.16 million in gross gaming revenue; the state operates on an aggressive revenue-sharing model where the Department of Liquor and Lottery collected $8.1 million for the state across the full 2025 calendar year, allocated directly to the state’s general, education, and problem-gambling funds.
- Regulatory note: the Vermont Department of Liquor and Lottery continues to refine its approved wagering catalog to expand niche sports markets, while working with state regulators on strict consumer protection efforts; the three baseline operators maintain individual three-year operational contracts, keeping the state a strictly limited mobile-only environment.