Virginia Lottery reports $520.3m sports betting handle for September
Virginia Lottery reported $520.3 million in sports wagering handle in Virginia for September, the second-highest monthly total in the market’s first 33 months. Handle rose 26.5% year on year, while operators recorded $54.1 million in gross revenue, up 0.5%. The state collected slightly more than $7 million in tax receipts for the month, bringing its calendar-year total to $49.8 million.
The figures show the scale of Virginia betting activity and the tax revenue available to the state.