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Virginia Lottery reports $581.3m sports betting handle in May

Regulation

Virginia sports bettors wagered $581,335,802 in May, according to the Virginia Lottery’s monthly report. Operators reported $63,324,563 in adjusted gross revenue and generated $9,478,671.49 in tax revenue.

Licensed sportsbooks and regulators can use May’s wagering, adjusted revenue and tax figures to assess the market.

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