Vermont sports betting adds roughly $3.5M to state coffers in first half-year

Wednesday, July 31, 2024 8:21 PM
  • Bob Kinzel, Vermont Public

State officials say Vermont’s online sports betting program has gotten off to a strong start.

Vermonters have made almost four million bets since the program was launched in January, says Andrew Collier, the deputy commissioner of the Department of Liquor and Lottery.

And Collier says that in-state gamblers account for about three-quarters of the $100 million that has been wagered in the past six months with an average bet of roughly $20.

One of the goals of the plan to legalize online sports betting was to shift existing gambling traffic from illegal sites to the state’s operation to offer people greater consumer protections and to provide the state with new revenue.