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Vermont awards sports betting contracts to DraftKings, Fanatics and FanDuel

Tenders & awards

Vermont Governor Phil Scott announced on 12 December 2023 that DraftKings, Fanatics Sportsbook and FanDuel had won contracts to offer sports betting in the state. The platforms were due to launch on 11 January, and the state expected up to $7 million in revenue in the first full year; the announcement did not specify the operators’ tax rates.

The contracts identify Vermont’s selected operators, while the state’s expected first-year revenue offers a market-entry signal.

End-of-day close DraftKings (DKNG), USD, to 26 January 2024
Story date30 October 202326 January 2024

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

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