Vermont
- Vermont debuts online sports betting with with three operators
- DraftKings, FanDuel, and Fanatics confirmed as approved Vermont sportsbooks
- Vermont opens gates on score-based sportsbook licensing process
- Prospective Vermont sportsbook operators take aim at authorities over regulations
- Vermont targeting end of 2023 for online sports betting debut
- Vermont Governor signs off on sports betting legalisation
- Vermont sports betting bill lands on governor’s desk
- Vermont lawmakers sign off amended sports betting legislation
- Vermont sports betting bill nears final vote as Senate committee signs off legislation
- Vermont sports betting inches closer as officials pass legislation to next stage
- Vermont builds on sports betting report with newly introduced bill
- Support grows for Vermont sports betting as committee finalizes report
- Vermont sports betting deliberations move forward as tax and licensing mooted
- New report sheds light on Vermont’s possible sportsbook future
- Vermont mulls latest mobile betting bill
- DFS illegal in Georgia, says Attorney Generalâs office
- Texas Attorney General takes aim at FanDuel and DraftKingsÂ
- Daily fantasy illegal, says Vermont Attorney General
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Regulator details
Vermont Department of Liquor and Lottery
1311 US-302 #100,
Barre, VT 05641,
https://liquorandlottery.vermont.gov/
LEGALIZATION DATE
June 14, 2023
MARKET LAUNCH DATE
January 11, 2024
AUTHORIZED OPERATORS
Online operators
RESTRICTED BET TYPES
In-state collegiate teams and events, unless participating in a tournament
AGE REQUIREMENT
Must be 21+
BETTING ACCOUNT REGISTRATION
Customers of online sportsbooks are not required to register or fund their accounts in person
TAX RATE
DraftKings 31%
Fanatics 31%
FanDuel 33%
TAX REVENUE ALLOCATION
Appropriations done annually, but a portion of the tax will go towards covering DLL sports wagering administration and operating costs.
FY 2024 Appropriations: $550,000 to DLL; $250,000 to Department of Mental Health to establish and administer a problem gambling program; $100,000 to
Agency of Digital Service to establish a self-exclusion program.
LICENSE FEES
$550,000 initial license fee
$550,000 renewal fee every 5 years
OFFICIAL DATA MANDATE
None
INTEGRITY FEE
None
NEXT STEPS
Adoption of regulations