In a groundbreaking development for the state of Vermont, the sports betting handle for the month of March reached a staggering $20.2 million. This figure represents a significant increase from the previous months, solidifying Vermont’s growing presence in the world of sports betting.
The surge in sports betting activity can be attributed to a number of factors, including the increasing popularity of online sports betting platforms, as well as the legalization of sports betting in neighboring states. Vermont’s decision to legalize sports betting in 2020 has also played a key role in driving up the handle, as residents and visitors alike now have access to a wide range of betting options.
One of the key drivers of the increased sports betting activity in Vermont is the state’s vibrant sports culture. With a strong tradition in sports such as skiing, snowboarding, and hockey, Vermonters have a deep passion for athletics, and this enthusiasm has translated into a strong interest in sports betting.
In addition, the availability of a wide range of sports betting options has also contributed to the surge in the handle. From popular sports such as basketball, football, and baseball, to niche sports like curling and table tennis, Vermonters have a plethora of options to choose from when placing their bets.
The increase in the sports betting handle is not only good news for sports fans, but also for the state’s economy. The influx of revenue from sports betting will provide a much-needed boost to Vermont’s coffers, helping to fund vital services and programs for residents.
Looking ahead, experts predict that the sports betting handle in Vermont will continue to grow in the coming months, as more and more residents embrace this exciting form of entertainment. With the state’s sports betting industry on the rise, Vermont is poised to become a major player in the world of sports betting, attracting sports fans from near and far to place their bets in the Green Mountain State.
