After a strong start to the year, Vermont’s online sports betting market was up 14% in June, with a total handle of $14 million.

Vermont’s sports betting market, regulated by the Department of Liquor and Lottery, is still in its early stages, with 2024 marking its first full year of activity. The state currently permits three licensed operators: DraftKings, Fanatics Sportsbook, and FanDuel, all functioning exclusively online.

Gross Gaming Revenue in April totaled $1.51 million, with a hold of 9.31%, slightly below the year-to-date average of 8.9%. The state collected $482,245 in tax revenue from that total, in line with Vermont’s 20% tax rate on operator revenue.