Fanatics Sportsbook (Vermont)
The newest of the big three — built on PointsBet's US tech and tied to the Fanatics merch ecosystem. 31% revenue share, FanCash rewards on every bet, daily-drip welcome offer.
Fanatics Vermont — Quick Facts
- Status: Live since January 11, 2024
- Parent company: Fanatics, Inc. (private)
- Vermont revenue share: 31% of adjusted gross gaming revenue
- Minimum deposit: $10
- Welcome offer: Up to $1,000 in FanCash Matched Bets (100% bet match up to $100 in FanCash per day for 10 days)
- Loyalty: FanCash on every wager — redeemable at Fanatics retail for jerseys, hats, and licensed merch
- Retail presence: None — Vermont is mobile-only
- Age requirement: 21+, must be physically inside Vermont
How Fanatics Got to Vermont
Fanatics built its sportsbook by acquiring PointsBet's US operations in 2023 — a deal that gave Fanatics an existing technology stack, US licenses, and operational infrastructure. By the time Vermont's competitive bidding window closed in late 2023, Fanatics was positioned as a credible third operator alongside DraftKings and FanDuel and was awarded one of the three Vermont licenses in December 2023.
Welcome Offer & Bonus Mechanics
Fanatics runs a daily-drip welcome offer that's structurally different from the bet-and-get offers from DraftKings and FanDuel: place a $1+ cash wager (min odds -200) on each of 10 consecutive days and receive 100% of your qualifying wager back in FanCash — up to $100 in FanCash per day, up to $1,000 in FanCash total. Rewards are paid in FanCash (redeemable for bonus bets or Fanatics merch) rather than withdrawable bonus bets, and it rewards bettors who wager daily. Full claim mechanics and FAQs on the dedicated Fanatics Vermont promo code page. Compare to DraftKings promo code and FanDuel promo code.
Up to $1,000 in FanCash Matched Bets. New customers in AZ, CO, CT, DC, IA, IL, IN, KS, KY, LA, MA, MD, MI, MO, NC, NJ, NY, OH, PA, TN, VA, VT, WV, or WY. Apply promotion in bet slip and place a $1+ cash wager (min odds -200) daily for 10 consecutive days starting day of account creation. FanCash rewards will equal the qualifying wager amount (max $100 FanCash/day). FanCash issued under this promotion expires at 11:59 p.m. ET 7 days from issuance. Terms, incl. FanCash terms, apply—see Fanatics Sportsbook app. 21+ and present in Vermont. Gambling Problem? Call 1-800-GAMBLER or Vermont 211 (dial 211). Please gamble responsibly.
FanCash — The Differentiator
Every wager on Fanatics earns FanCash at a small percentage of stake. FanCash is redeemable for sportsbook bonus bets or for Fanatics retail merchandise — jerseys, caps, jackets, signed memorabilia. For Vermont bettors who shop the Fanatics retail catalog anyway (Patriots, Celtics, Bruins, Red Sox gear), this is unique among the three VT operators.
Deposits, Withdrawals & Payment Methods
Fanatics supports debit card, ACH bank transfer, PayPal, Apple Pay, and Play+ prepaid card. Minimum deposit is $10. Withdrawals typically settle in 24–72 hours.
Sports & Markets
Fanatics carries the full slate of US-regulated markets but historically with a slightly thinner prop catalog than FanDuel or DraftKings — a holdover from the PointsBet platform. Major-event coverage (NFL, NBA, NHL, MLB, March Madness) is fully competitive. Vermont's UVM player-prop restriction applies to Fanatics like every operator.
The 31% Revenue Share
Like DraftKings, Fanatics agreed to a 31% revenue share with Vermont — above the 20% statutory minimum. Combined with FanDuel's 33% bid, the blended state-wide rate for March 2026 was 31.7%, generating $591,430 in state share on $1.87M of adjusted gross revenue.
Responsible Gambling on Fanatics
Fanatics provides in-app deposit, wager, and time limits, plus self-exclusion. For state-wide self-exclusion across all three Vermont operators, use the VT DLL self-exclusion process. Problem gambling support: 1-800-GAMBLER or Vermont 211 (dial 211).