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Sports wagering activity in Vermont kept rising through September 2025, with total bets reaching $20 million. Players saw strong returns, while the state collected a smaller share compared with the same month last year.
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The Department of Liquor and Lottery confirmed that betting volume climbed, but winnings grew even faster — up 28.5% from the previous year. That rise in player payouts reduced adjusted gross sports wagering revenue by 29.6%, showing how competitive markets can squeeze state margins even as activity increases.
Football remained the top sport in Vermont, with $6.9 million in wagers, a slight 0.3% rise from last year. Baseball followed with $2.5 million, a 13% boost, while tennis took third with $1.4 million, narrowly beating soccer, which recorded $1.2 million.
An interesting development came from e-basketball, which generated $1.1 million in wagers and replaced table tennis in fifth place. All other sports combined brought in $6.8 million, nearly doubling the $3.9 million total seen a year earlier.
September’s handle showed sharp improvement from August, which saw $13.5 million in bets. However, adjusted gross sports revenue dipped slightly from $1.6 million in August to $1.5 million in September. Even with that small decline, the latest figures surpassed those from July, when wagers totaled $14.8 million and adjusted revenue stood at $1.3 million.
Out of the $20.3 million wagered in September, $14.9 million came from inside Vermont, while $5.2 million was placed from outside the state. The balance between local and external wagers highlights an expanding base of bettors engaging with regulated platforms.