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Regulator details

Vermont Department of Liquor and Lottery

1311 US-302 #100,

Barre, VT 05641,

802-828-2345

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