Virginia Sports Betting Activity Drops by 31% for the Month of July

The latest monthly revenue report from the Virginia Lottery has revealed that the state's licensed sports betting operators reported that Virginians wagered $161.9 million during the month of July. This marks a 31% drop on June's sports betting handle of $234.9 million.

by David Burke - Thursday, September 2nd, 2021 8:48

Virginia Sports Betting Activity Drops by 31% for the Month of July from the Virginia Lottery has revealed that the state’s licensed sports betting operators reported that Virginians wagered $161.9 million during the month of July. This marks a 31% drop on June’s sports betting handle of $234.9 million.

Gamblers in the state won a total of $141.9 million giving the state’s operators a combined win percentage of 12.33%. This means that since sports betting launched in January, Virginians have won a total of $1.36 billion from wagers totaling $1.48 billion.

Virginia Sports Betting Activity Drops by 31% for the Month of July

Promotions and bonuses amounted to $4.4 million while other deductions totaled $2.9 million resulting in combined adjusted gross revenue (AGR) of $12.69 million. This brings the year-to-date AGR of all operators to $62 million.

Virginia Sports Betting Activity Drops by 31% for the Month of July

Image credit: Baishampayan Ghose / CC BY-SA 2.0

David Burke

London based reporter covering all aspects of the global regulated and unregulated land-based and online gambling industry - including business news, sports-betting, casinos, poker & regulation