Online sports betting is set to commence in Vermont on January 11, 2024, following an announcement by Governor Phil Scott and Wendy Knight, the Commissioner of the Department of Liquor and Lottery. This development comes after a selection process where DraftKings, FanDuel, and Fanatics Sportsbook were chosen to manage mobile sports betting services in the state.

Governor Scott, who has been an advocate for legalizing sports wagering in Vermont, expressed satisfaction at seeing this initiative become a reality. He highlighted the benefits for both residents and visitors, pointing out that the regulated sports betting environment will offer essential consumer protections and contribute to state revenue.

The legalization of online sports betting was officially sanctioned by Governor Scott in June, with a bill that also allowed the Department of Liquor and Lottery to form partnerships with operators for mobile sportsbook services. The bill aims to bolster the state’s responsible gaming resources and stipulates that Vermont will gain financially through a share of the operators’ Adjusted Gross Sports Wagering Revenue and an operator fee. Expectations are high that this new venture could generate significant revenue for Vermont in its first operational year.

Commissioner Knight expressed enthusiasm about providing sports fans in Vermont the opportunity to partake in sports wagering through these leading industry platforms.

With the contracts now in place, a pre-registration phase has begun, enabling the operators to market their brands and enroll players in anticipation of the launch in January.

Problem gamblers in Vermont can avail of the state’s problem gambling resource center for help and support.