The Vermont Department of Liquor and Lottery reported a combined sports betting handle of $11.5 million for the month of August.

The third state to rely exclusively on sports betting apps for wagering along with Tennessee and Wyoming, Vermont opened with three operators taking bets — FanDuel, DraftKings, and Fanatics Sportsbook. 

The state agency did not disclose individual handle and revenue figures for the trio, but it appears they got off to a fast start as gross sports betting revenue totaled $6.8 million, which resulted in an eye-popping 16.4% hold for the two months.

Adjusted gross revenue following deductions for the federal excise tax, voided wagers, and promotional bonuses and credits was $5.9 million, and the state received $1.9 million in tax revenue.