Virginia Sports Betting Activity Increases 29% Year-on-Year

Taxes up by $1 million month-on-month

by - Tuesday, January 3rd, 2023 11:59

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The latest monthly revenue report from the Virginia Lottery has revealed that local sportsbooks accepted just over $518.8 million in wagers throughout the month of November.

Virginia Sports Betting Activity Increases 29% Year-on-Year and a 29% increase year-on-year. However, the report notes that 13 sportsbooks were active during the reporting period compared to just nine in 2021.

Virginia Sports Betting Activity Increases 29% Year-on-Year in January 2021.

Virginia Sports Betting Activity Increases 29% Year-on-Year

Eight sports betting operators reported a positive AGR for the month of November. This resulted in state taxes of $7.8 million, an increase of almost $1 million month-on-month.

Jenny Tang

An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.