Vermont sports betting handle reaches $16.3m in May 2025
The adjusted gross sports wagering revenue for the period was reported to be nearly $1.8m, as basketball generated the highest amount of wagers with a total of $4m in handle.
Key Points
- Baseball was a close second to basketball by generating just over $3.5m in handle for May 2025, as the “all other” sector accounted for $4.9m throughout the period
- In-state residents represented just over $12.1m of the state’s total handle for May 2025, while out-of-state bettors wagered an additional $4.1m
The Vermont Liquor and Lottery Department has reported the state’s sports wagering handle and revenue for the month of May 2025, as the $16.3m handle generated throughout the period represents a 29% increase year-over-year.
The adjusted gross sports wagering revenue for May 2025 was reported to be nearly $1.8m, having grown by 48.5% from the prior year period.
Basketball and baseball were the two most popular sports to wager on for bettors throughout the month, as basketball generated a May 2025 handle of close to $4m, while baseball produced an additional $3.5m.
Basketball
Baseball
Tennis
Soccer
eBasketball
All other
The “all other” sector of Virginia’s sports betting report for May 2025 generated $4.9m, while tennis and soccer accounted for $1.8m and $1.4m of handle, respectively.
The revenue share dictated by Vermont lawmakers is 31.8% of the operator’s total revenue, equating to a total of $564,762 contributed to the state for May 2025.
Good to know: The Vermont Department of Mental Health launched a new website on July 3, 2024, designed to offer support and help to both individuals and families that are affected by problem gambling
Out-of-state residents drove just over $4.1m of handle throughout the month, while in-state residents wagered the remaining $12.1m, including over 477,000 bets placed for the period.
Those residing outside of Vermont placed 113,815 wagers with an average bet amount of $36.21, while in-state players would bet an average of $25.41.
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