Are Prediction Markets Legal in Vermont?

Last updated September 27, 2026. Snapshot — not legal advice.

As of September 27, 2026, prediction markets operate in Vermont with no state restriction currently in place.

Prediction markets in Vermont

No prediction-market action
No Vermont agency has taken prediction-market enforcement action; CFTC-regulated event contracts face no Vermont-specific restriction.

Litigation affecting Vermont

No state has taken enforcement action against CFTC-regulated prediction-market platforms in Vermont.

Which platforms are available in Vermont?

Each platform’s own published availability list, checked September 24, 2026. This table covers the platforms whose complete list we could verify from a primary source: Kalshi, Polymarket (international), DKeX (DraftKings Predictions), Underdog (Underdog Predict), Novig.

Platform availability in Vermont
PlatformStatus in VermontSource
KalshiOffered here, per the platform’s own availability listPlatform’s list
Polymarket (international)Unavailable herePlatform’s list
DKeX (DraftKings Predictions)Offered, with sports restrictedPlatform’s list (archived Sep 16)
Underdog (Underdog Predict)Offered here, per the platform’s own availability listPlatform’s list
NovigOffered here, per the platform’s own availability listPlatform’s list

Sports betting & gambling in Vermont

Legal — Mobile Only

Mobile-only market launched Jan 2024; no retail sportsbooks The market is regulated by the Vermont Dept. of Liquor and Lottery. Tribal gaming: not a factor.

The federal-vs-state fight

Every entry in this fight turns on the same question: does a prediction-market platform's federal regulation by the CFTC preempt a state's gambling law, or does the state retain authority to restrict it? Courts around the country are answering that question differently — sometimes for the platform, sometimes for the state — and almost every ruling so far is preliminary and under appeal. Treat this page as a snapshot, not a final word.

This page is informational, not legal advice. Nearly every litigation entry referenced here is a preliminary ruling under appeal. Always verify a platform's current, location-specific eligibility directly with the venue before relying on this page.