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Vermont selects DraftKings, Fanatics and FanDuel for online sports betting

Licences & markets

Vermont’s Department of Liquor and Lottery selected DraftKings, Fanatics Sportsbook and FanDuel for its online sports betting launch, planned for 11 January. Commissioner Wendy Knight said PENN Entertainment’s bid was not considered because required documents were missing, while BetMGM’s tiered revenue-share proposal lowered its evaluation score. Knight said the selected operators offered revenue shares of 31%, 31% and 33%, respectively.

The selection sets the operators and revenue-share terms for Vermont’s online-only sports betting market.

End-of-day close DraftKings (DKNG), USD, to 2 February 2024
Story date6 November 20232 February 2024

Related company prices

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

PENN Entertainment NASDAQ: PENN

Quarter ended 30 September 2026

Revenue
USD 1.84bn
Operating income
USD 127.3m10-Q filing 0000921738-26-000028

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