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Virginia shatters sports betting revenue, handle records in November

Virginia shatters sports betting revenue, handle records in November

Virginia set new records in sports betting revenue and handle in November, according to the latest data published by the Virginia Lottery. Gross revenue hit $80.6 million in the month, 121.4% ahead of November 2023 and 64.5% above October 2024. The figure also shattered the former adjusted gross rev

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Virginia sports betting hits record handle in October but revenue declines

Virginia sports betting hits record handle in October but revenue declines

Virginia’s sports betting market reached new heights in October, with total wagers hitting $696.1 million, the highest monthly handle since the state legalized the activity. The figure represents a 21.8% increase compared to October 2023’s $571.4 million and a 6.6% rise from the previous record of $

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Virginia reports $622M+ in sports betting revenues, voters to decide on fate of casino in Petersburg today

Virginia reports $622M+ in sports betting revenues, voters to decide on fate of casino in Petersburg today

The Virginia Lottery released on Friday its report on sports wagering activity submitted by licensed operators for September 2024. Between September 1 and September 30, 2024, Virginians wagered $622,060,604,19.6% higherthan last September. Additionally,operators paid out $550.2 million in winsand h

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Virginia sports betting handle reaches $416.7 million in August

Virginia sports betting handle reaches $416.7 million in August

The Virginia Lottery has announced that the state’s sports betting handle reached $416.7 million in August, reflecting a 30.6% year-over-year increase. This marks a notable growth for the Old Dominion, which has now crossed $1.75 billion in gross operator sports betting revenue and $200 million in s

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Virginia sports betting revenue suffers monthly decline

Virginia sports betting revenue suffers monthly decline

Sports betting revenue in Virginia, US, climbed 29 per cent in August but the figure translated to a month-on-month decline. Revenue in the state hit US$35m in August, according to the Virginia Lottery, up from $27.9m a year ago. But the figure could not match July 2024’s $40.4m in sports betting

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