title: Vermont — Overview: What kind of market is this? | advennt.io canonical: https://advennt.io/jurisdictions/vermont/overview/ [Jurisdictions](https://advennt.io/jurisdictions/) [Vermont](https://advennt.io/jurisdictions/vermont/) Overview Vermont · Question 01 of 11 # Overview: What kind of market is this? Mixed · Confirmed · AI-generated · [Back to full Vermont report →](https://advennt.io/jurisdictions/vermont/) Key section parameters | Jurisdiction | Vermont (US-VT) | |---|---| | Regulator | Vermont Department of Liquor and Lottery (DLL) | | Favourability | Mixed | | Confidence | Confirmed | | Review status | AI-generated | | Last collected | 18 Oct 2026 | Summary answer 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… ### Key headwinds & conditions - 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 ## Full section analysis 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.