Virginia sportsbooks generated $64m in gross sports wagering revenue in October, according to figures reported by the Virginia Lottery on 1 December 2023. The month’s handle reached $571.4m, while mobile operators accounted for $63.1m of revenue from $565.6m in wagers.
The monthly figures inform operators and investors about Virginia wagering volume, revenue and tax-generating activity.
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Virginia’s House of Delegates passed House Bill 161 on 17 February, after a second vote, the report said. The House and Senate have each passed an iGaming proposal, but lawmakers must agree on a final version before online casinos can launch; the House measure sets a 20% tax on adjusted gross revenue and a 6% economic development fee.
Virginia’s House of Delegates passed HB 515 by 94–3 on 28 January, sending the measure to the Senate. The bill would bar the Virginia Lottery from allowing sportsbooks to accept credit card deposits or withdrawals; sponsor Del. Marty Martinez said it aims to discourage gambling with borrowed money.
A Virginia Senate subcommittee rejected Senator Mamie Locke’s SB 118, which would permit licensed online casino gaming, by a 4–3 vote with one abstention. The panel advanced separate bills to establish a Virginia Gaming Commission and tighten rules for fantasy contests.
Virginia delegate Marty Martinez introduced House Bill 515 to remove credit cards from permitted online sports betting account payment methods, according to reports. The bill is awaiting referral to a committee; if passed, it would prevent the Virginia Lottery from approving credit card deposits for online sports betting.
Virginia lawmakers introduced House Bill 271 on 9 January to create an independent commission overseeing the state’s legal gaming activities. The proposal would consolidate duties held by the Virginia Lottery, Virginia Racing Commission and Department of Agriculture and Consumer Services, with implementing regulations due by 1 January 2028.