A state-wide ban on sports betting has been proposed by three members of the Vermont House. Only a year after regulated sports betting began operating in Vermont in January 2024, the bill would repeal the law that legally permitted the activity.
Between January and December 2024, wagerers in Vermont spent $198 million, while they won $17 million. Basketball, football, baseball, tennis, and soccer were the top five sports. The average wager was $22.83, and 8.7 million wagers were made, with 22% coming from out-of-staters and 78% from Vermont residents. Just less than the state's estimated $7 million in tax revenue, $6.3 million, was collected.
Between January and December 2024, wagerers in Vermont spent $198 million, while they won $17 million. Basketball, football, baseball, tennis, and soccer were the top five sports. The average wager was $22.83, and 8.7 million wagers were made, with 22% coming from out-of-staters and 78% from Vermont residents. Just less than the state's estimated $7 million in tax revenue, $6.3 million, was collected.
