The Virginia Lottery has released its latest monthly revenue report revealing that the state’s licensed sportsbooks accepted over $426.5 million during the month of December.
Busy December Sees Virginia Sports Betting Clear $3 Billion for 2021December saw sports betting activity increase by 5.93% on the previous month’s handle of $402.6 million. December’s figure fell just short of October’s record handle of $427.3 million.
Busy December Sees Virginia Sports Betting Clear $3 Billion for 2021Bonuses and promotions for the month amounted to just over $17 million bringing the year total to $122 million. Meanwhile other deductions for the month came to $4.3 million. As a result, operators reported adjusted gross revenue (AGR) of $10.1 million for December. This means that AGR for the year came to $130.8 million.
Once again, only four operators reported a positive AGR for the month and paid $1.7 million in taxes to the state. Since the industry launched, operators have now paid $20.3 million in sports betting taxes.
Busy December Sees Virginia Sports Betting Clear $3 Billion for 2021There are now 13 approved sports betting operators in the state:
- Betfair Interactive US LLC (FanDuel) in partnership with the Washington Football Team Busy December Sees Virginia Sports Betting Clear $3 Billion for 2021 Busy December Sees Virginia Sports Betting Clear $3 Billion for 2021
- Rivers Portsmouth Gaming LLC (Rivers Casino Portsmouth)
- Caesars Virginia LLC, WSI US, LLC (Wynn)
- Unibet Interactive Inc. Busy December Sees Virginia Sports Betting Clear $3 Billion for 2021
- Golden Nugget Online Gaming VA LLC
- Twin River Management (Bally’s Corporation)
- WSI US, LLC Busy December Sees Virginia Sports Betting Clear $3 Billion for 2021
- Digital Gaming Corporation VA, LLC
- VHL, VA LLC
An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.