--- title: "Vermont gambling licensing, cost and supervision | advennt.io" canonical: https://advennt.io/jurisdictions/vermont/ source_html: /jurisdictions/us-vt/index.html description: "Vermont gambling regulation by game: 7 open · 2 restricted · 7 closed · 2 uncertain · 2 not yet assessed." generated_at: 2026-10-26T22:03:01Z content_sha256: ef2de624c486ff1f87606171ed7701577f5bd38a5550b752a76bc8b9e6ff3026 generator: "fe-fleet/md-twin@1.0" --- # Vermont gambling licensing, cost and supervision | advennt.io [Jurisdictions](/jurisdictions/) › [United States](/jurisdictions/united-states/) › Vermont # Vermont Sub-national unit Enter only for sports-wagering/DFS via a future DLL competitive tender; iCasino/poker are not viable products in Vermont today. [7 open · 2 restricted · 7 closed · 2 uncertain · 2 not yet assessed → 20 classes](#products) Regulator: Vermont Department of Liquor and Lottery (DLL) · Collected 25 Oct 2026 · Published 26 Oct 2026 · Changed 21 Sep 2026 [PDF](report.pdf) [Sign in for PDF](https://advennt.io/auth/) [Compare](/compare/?j=vermont) Jurisdiction scope: [United States (Federal)](/jurisdictions/united-states/) Vermont ## Can we offer our product? Every product class, in fixed taxonomy order. The band is what you can do; where the recorded legal status says something the band does not, it is shown beside the product. ### Player products - CasinoProhibited · Models agreeXClosed - PokerProhibited · Models agreeXClosed - BingoProhibited · Models agreeXClosed - LotteryState monopolyXClosed - Sports bettingModels agreeRRestricted - Other event bettingProhibited · Models agreeXClosed - Horse and greyhound racing bettingProhibited · ContestedXClosed - Esports bettingModels agreeRRestricted - Exchange betting–Not yet assessed - Pool betting–Not yet assessed - Virtual event bettingProhibited · Models agreeXClosed - Fantasy sportsModels agreeOOpen - Skill gamesOOpen - Prediction marketsGrey zone · Models agree?Uncertain - SweepstakesOutside the regulatory perimeter · Models agreeOOpen - Free playOutside the regulatory perimeter · Models agreeOOpen ### Supply roles - Software / B2BModels agreeOOpen - Affiliate marketingModels agreeOOpen - Payments for gamblingModels agreeOOpen ### Settlement rail - Crypto gamblingNot yet regulated?Uncertain Class-level certainty is graded for 15 of 20 classes. ## Board briefing Vermont: narrow, mobile-only market open for sports wagering/DFS; iCasino and poker remain closed with no near-term reform signal. #### What has changed - Since the January 2024 launch, handle has grown from single digits to over $21M/month by March 2026, with three operators (DraftKings, FanDuel, Fanatics) paying 31-33% negotiated revenue-share rates against a 20% statutory floor. #### What to do now - Entrants should monitor for any new DLL RFP round (3 of 6 licence slots remain unused) and design payment stacks around the credit-card funding ban; iCasino/poker entry is not viable under current law. #### What to watch - Legislative movement on a prediction-market restriction bill, and any DLL rulemaking affecting sweepstakes-casino operators. ## 11 answers, each dated and graded The weather grades favourability for an operator, not legality: legality is the product table above. The left rule is our confidence: solid confirmed, dashed probable, dotted uncertain. 01 · What kind of market is this? ### Overview Mixed Vermont operates a narrow, mobile-only regulated gambling market. Sports wagering (via three operators: DraftKings, FanDuel, Fanatics) and daily fantasy sports are affirmatively legal under Act 63 (2023), administered by the Department of Liquor and Lottery. Online/retail casino and poker remain pro… Full analysis · 73 words Vermont operates a narrow, mobile-only regulated gambling market. Sports wagering (via three operators: DraftKings, FanDuel, Fanatics) and daily fantasy sports are affirmatively legal under Act 63 (2023), administered by the Department of Liquor and Lottery. Online/retail casino and poker remain prohibited; the state has no commercial or tribal casinos and no operating racetracks. A state lottery monopoly and charitable/nonprofit gaming exist alongside sports wagering. Sweepstakes-model social casinos operate in a legally ambiguous space. - Small population base caps addressable market - No iCasino/poker vertical and no near-term legislative appetite to add one - Credit-card funding ban and strict college-prop restrictions narrow product design - Only 2 licence slots remain of the statutory maximum six, but no operators have applied since 2023 Confirmed AI-generated [Read full analysis & tables →](/jurisdictions/vermont/overview/) 02 · Can we get a licence? ### Licensing and regulation Mixed The Vermont Board of Liquor and Lottery adopted amended Enhanced Sports Wagering Procedures on May 13, 2026, effective October 1, 2026, covering technology, data security, house rules, and integrity monitoring. This is the second amendment cycle to the Enhanced Procedures since their original adopti… Full analysis · 145 words The Vermont Board of Liquor and Lottery adopted amended Enhanced Sports Wagering Procedures on May 13, 2026, effective October 1, 2026, covering technology, data security, house rules, and integrity monitoring. This is the second amendment cycle to the Enhanced Procedures since their original adoption on July 19, 2023. The instrument is a regulator circular rather than a statute -- fragile in durability -- issued under the framework of the underlying statutory basis, Act 72 (H.127) of 2023, which remains unchanged this cycle and continues to cap licensure at six operators against three currently licensed. The amendment's specific clause language was not independently retrieved this cycle; the amendment's existence and effective date rest on secondary trade coverage of the Board's own procedures repository listing rather than direct confirmation of the amended text itself, a gap operators should weigh when planning for the October 2026 effective date. Confirmed AI-generated [Read full analysis & tables →](/jurisdictions/vermont/licensing/) 03 · How hard is entry, really? ### Market entry in practice Mixed New entrants must win a DLL competitive-bid process (last run 2023); no rolling-application pathway currently exists. Two of six statutory licence slots remain unfilled with no active RFP as of 2026. Probable AI-generated [Read full analysis & tables →](/jurisdictions/vermont/market-entry/) 04 · What do the licences cost? ### Licence fees Mixed DLL charges an initial operator fee of $550,000 per licensee, renegotiable but not assessable more than once per three-year period; no separate application fee schedule beyond this was identified. Confirmed AI-generated [Read full analysis & tables →](/jurisdictions/vermont/fees/) 05 · What is the tax take? ### Tax Mixed Vermont uses a negotiated, non-fixed revenue-share model rather than a flat statutory tax rate; the statutory floor is 20% of adjusted gross revenue, with actual negotiated rates of 31-33% across the three current operators. Confirmed AI-generated [Read full analysis & tables →](/jurisdictions/vermont/taxes/) 06 · Can we move player money? ### Payments and banking Mixed Credit cards are statutorily banned for funding sports-wagering accounts; other funding methods (debit, ACH, PayPal-type e-wallets) are permitted through licensed operator platforms. Confirmed AI-generated [Read full analysis & tables →](/jurisdictions/vermont/payments/) 07 · Can we advertise? ### Marketing Mixed Advertising is permitted for the three licensed sportsbook operators but is contractually restricted by DLL, including limits on ads targeting minors and spend caps; wagering on political events is banned outright. Confirmed AI-generated [Read full analysis & tables →](/jurisdictions/vermont/marketing/) 08 · What must the platform meet? ### Technical compliance Favourable The amended Enhanced Sports Wagering Procedures, effective October 1, 2026, introduce updated technology and data-security requirements for Vermont licensees, building on the original Enhanced Procedures adopted July 19, 2023. The Vermont Department of Liquor and Lottery's own procedures repository … Full analysis · 135 words The amended Enhanced Sports Wagering Procedures, effective October 1, 2026, introduce updated technology and data-security requirements for Vermont licensees, building on the original Enhanced Procedures adopted July 19, 2023. The Vermont Department of Liquor and Lottery's own procedures repository confirms the Department maintains and periodically amends these Enhanced Procedures, though the specific May 13, 2026 amendment text was not independently retrieved this cycle and was instead sourced via secondary trade coverage describing the changes as touching technology, data security, each operator's house rules, and game integrity. As a regulator circular rather than statute, this instrument carries fragile durability: it can be revised again by the Board without legislative involvement, and operators should monitor the Department's procedures repository directly ahead of the October 2026 effective date rather than relying solely on secondary characterisations of its content. Confirmed AI-generated [Read full analysis & tables →](/jurisdictions/vermont/technical/) 09 · Can we ship through apps and platforms? ### Distribution and platforms Favourable Licensed sportsbook apps are available on Apple iOS and Google Play; geolocation (GPS) confirms in-state presence at time of wager per DLL procedures. Confirmed AI-generated [Read full analysis & tables →](/jurisdictions/vermont/distribution/) 10 · How hard does the regulator enforce? ### Enforcement Favourable Vermont's Department of Liquor and Lottery executed a court-authorized search warrant at an Essex Junction residence on May 19, 2026, seizing poker tables, gambling materials, and alcoholic beverages after neighbors complained of unlawful high-stakes poker games and unlicensed alcohol sales. This Co… Full analysis · 146 words Vermont's Department of Liquor and Lottery executed a court-authorized search warrant at an Essex Junction residence on May 19, 2026, seizing poker tables, gambling materials, and alcoholic beverages after neighbors complained of unlawful high-stakes poker games and unlicensed alcohol sales. This Confirmed action, corroborated by WCAX news reporting alongside the department's own account, reaffirms Vermont's durable statutory position that poker games involving an exchange of money are illegal regardless of the venue in which they are played. Commissioner Wendy Knight publicly stated that the agency does not proactively pursue private poker games, but acted here because it had received multiple complaints, a characterization treated as Probable rather than Confirmed. The instrument used, a court-authorized search warrant, reflects a durable judicial mechanism rather than discretionary administrative guidance, underscoring that Vermont's enforcement apparatus can draw on formal legal process against unlicensed gambling once a complaint threshold is met. Probable AI-generated 4 enforcement events [Read full analysis & tables →](/jurisdictions/vermont/enforcement/) 11 · What is coming? ### Outlook Mixed No active online-casino or poker bill is progressing; legislative appetite for expansion beyond sports wagering and DFS remains low. Prediction-market restriction legislation has been discussed but not enacted. Probable AI-generated [Read full analysis & tables →](/jurisdictions/vermont/outlook/) Evidential record & source register 0 enforcement · 5 red flags · 0 sources · Expand full record ## What gets operators fined 5 red flags (1 high, 3 medium, 1 low) and 0 controls that address them. - highSweepstakes-casino model operates in an undefined legal gray zoneNo statutory clarity increases risk of future enforcement or legislative closure of the workaroundUnregistered source - mediumCredit card funding statutorily bannedOperators must architect payment stacks to exclude credit rails or face sanctionsUnregistered source - mediumCollege player prop bets bannedProduct/market catalog must be actively filtered per DLL rule to avoid conditions/sanctionsUnregistered source - mediumPrediction market restriction bill under discussionCould reshape adjacent product category (Kalshi/PrizePicks-style contracts) with limited noticeUnregistered source - lowOnly 3 of 6 statutory licence slots filled since 2023 with no active RFPSignals limited near-term entry opportunity for new operators despite statutory headroomUnregistered source ## What we looked for and could not find Confirmed absence is a finding of its own. These are the questions we searched and could not answer from a citable source, with the searches we ran. Never behind the paywall. Aml cft regime. no Vermont-specific AML/CFT statute or reporting threshold for licensed sports-wagering operators was located (federal BSA/FinCEN obligations likely apply but no state-level instrument identified). - searched: Vermont sports betting AML reporting requirements - searched: Vermont Department of Liquor and Lottery AML rules - searched: Vermont gaming anti-money laundering statute - checked: liquorandlottery.vermont.gov Competitive landscape. no published estimate of unlicensed/offshore market share for Vermont bettors was found. - searched: Vermont offshore sportsbook market share estimate - searched: Vermont illegal gambling market size - searched: Vermont unlicensed betting operators estimate - checked: legalsportsreport.com Entry pathways/software b2b. no distinct B2B/supplier licensing statute was located separate from the three-operator competitive-bid model; 'Supplier' is a defined term in DLL procedures but licensing pathway is unclear. - searched: Vermont sports betting supplier licence requirement - searched: Vermont B2B gaming software licence - searched: Vermont DLL supplier registration sports wagering - checked: liquorandlottery.vermont.gov Crypto gambling and affiliate marketing activity classes. no statutory or regulatory treatment specific to Vermont was found. - searched: Vermont crypto gambling regulation - searched: Vermont gambling affiliate marketing rules - searched: Vermont sweepstakes casino cryptocurrency legality - checked: gambling.com ## Source register Every source on a four-step tier scale. A claim is never shown at a stronger tier than the source it cites. No source register is served for this jurisdiction. ## Parent jurisdiction This unit licenses in its own right; the parent page covers the federal layer. - parent[United States](/jurisdictions/united-states/) · 1 restricted · 15 uncertain · 4 not yet assessed