The latest monthly revenue report from the Virginia Lottery has revealed that the state’s sports betting operators reported accepting $402.6 million in wagers during the month of November.
This marks a 5.7% drop in sports betting activity from the previous month when operators reported a record handle of over $427.3 million thanks to a busy October schedule of NFL and college football.
Virginia Sports Betting November Data in as State on Target to Top $3 Billion Mark for 2021Operators dished out bonuses and promotions totaling $14.9 million during the month while other deductions came to $3.4 million. This resulted in adjusted gross revenue (AGR) of $29.9 million, a significant increase on the $9.8 million reported in October.
Virginia Sports Betting November Data in as State on Target to Top $3 Billion Mark for 2021November’s report included revenues reported by ten licensed operators including Betfair Interactive US LLC (FanDuel) in partnership with the Washington Football Team, Crown Virginia Gaming LLC (Draft Kings), BetMGM LLC, Rivers Portsmouth Gaming LLC (Rivers Casino Portsmouth), Caesars Virginia LLC, WSI US, LLC (Wynn), Unibet Interactive, Inc., Penn Sports Interactive LLC, Golden Nugget Online Gaming VA, LLC, and Twin River Management (Bally’s Corporation).
Based in London, Natasha is a former sports journalist with experience working for some of the biggest athletes & brands in the world of sports and iGaming.