Vermont Becomes Latest US State to Launch Legal Online Sports Betting
Vermont launched legal online sports betting in January 2024, joining the growing roster of US states with regulated mobile wagering through a mobile-only model managed by the Vermont Department of Liquor and Lottery.
Key Takeaways
- Vermont's online sports betting market launched in January 2024
- Vermont operates a mobile-only model with no brick-and-mortar sportsbook requirement
- The Vermont Department of Liquor and Lottery oversees sports betting regulation
- DraftKings and FanDuel were among the first operators approved
- Vermont is one of the smallest US states by population to offer regulated online sports betting
Why It Matters — Players
Why It Matters — Operators
Vermont launched legal online sports betting in January 2024 under a regulatory framework administered by the Vermont Department of Liquor and Lottery. The small New England state chose a mobile-only model, requiring no physical sportsbook infrastructure — an approach suited to Vermont's rural population distribution and limited casino infrastructure.
Vermont Governor Phil Scott signed H.127 into law in June 2023, authorising the Department of Liquor and Lottery to license and regulate mobile sports betting operators. The law followed a competitive bid process in which DraftKings and FanDuel were selected as the initial licensed operators for the market.
Vermont's framework includes provisions requiring operators to contribute to a responsible gambling fund and to implement self-exclusion tools, deposit limits, and other harm-minimisation features. The state levies a gross gaming revenue tax on licensed operators under the enacted framework.
Vermont entered the regulated sports betting market as one of the smallest US states to do so, but the mobile-only model minimises the capital investment required from operators relative to jurisdictions requiring physical sportsbook locations. The Vermont launch continued the national trend of New England states expanding legal sports wagering — New Hampshire, Connecticut, Rhode Island, Massachusetts, and Maine had all previously launched regulated markets.
- Source:
- Legal Sports Report
- Published:
- January 11, 2024
- Original Article:
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