Caesars Vermont isn't a story about a brand that applied and lost. It's a story about a brand that wasn't in the room when the state picked winners. Vermont legalized mobile sports betting in 2024 through a competitive license process, five companies filed bids for it, and Caesars simply was not one of the five.

Is Caesars Legal in Vermont?

No. Act 103, signed by Governor Phil Scott in June 2023, let the Department of Liquor and Lottery license between two and six mobile sportsbooks, with a 20% minimum revenue-share floor and a $550,000 annual operator fee attached to each. The department opened a formal request for proposals, and five companies answered it by the September 2023 deadline: DraftKings, FanDuel, Fanatics, BetMGM, and Penn Interactive's ESPN Bet.

Caesars wasn't absent by accident, but it wasn't a bidder either: Caesars submitted public comments earlier in the process, during the period when Vermont was drafting its sports-wagering rules. When the actual bidding window opened that fall, it did not file one. BetMGM did file and lost on a disqualifying term in its revenue-share proposal — a real loss. Caesars never got that far.

Three Winners From Five Bids

On December 12, 2023, the department named its three licensees: DraftKings, FanDuel, and Fanatics, with revenue-share commitments of 31%, 33%, and 31% of gross gaming revenue. Mobile wagering went live under those three on January 11, 2024, and Vermont has not reopened the process since. Three of the six license slots Act 103 allows still sit empty, and nothing in the public record points to Caesars angling for one of them.

Is Caesars Legit, Given It Sat This One Out?

Yes. Caesars Entertainment trades on the Nasdaq as CZR and runs its sportsbook under real state licenses in roughly two dozen jurisdictions plus Washington DC, on the Liberty platform it inherited through the 2021 William Hill acquisition. Skipping one small state's license round is not evidence against the company's legitimacy elsewhere — it is simply a market Caesars has not chosen to enter, for reasons neither the company nor the regulator has made public.

Is It Safe to Bet With Caesars From Vermont?

There is nothing to rate for safety, because there is no account to open. A Vermont resident cannot register, deposit, or place a mobile wager through Caesars Sportsbook under any name. DraftKings, FanDuel, and Fanatics are the three operators actually answering to the Department of Liquor and Lottery here.

Could Caesars Still Get In?

The legal room exists on paper — Act 103 permits up to six licenses and only half that number are filled — but Vermont has not reopened its request-for-proposals process since 2023, and no second round is scheduled. If one opens, Caesars would need to actually submit a bid, which is the step it skipped the first time. Online casino isn't part of that conversation regardless: Vermont hasn't legalized it for any operator.

Who This Page Is For

Vermont readers who assumed Caesars either has a license or lost a fair fight for one — neither happened. DraftKings, FanDuel, and Fanatics are the only legal mobile sportsbooks in the state. Treat any of them as entertainment spending, never income. 21+. Call 1-800-GAMBLER for help.