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Virginia sportsbooks take $831.6m in October wagers

Regulation

Virginia sportsbooks accepted a record $831.6 million in wagers in October, reportedly. The total rose 19% year on year.

Virginia’s record wagers indicate rising sports betting activity, with the reported total up year on year.

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Regulation

Nevada sportsbooks take $133.8m in Super Bowl wagers as handle falls

Nevada’s Gaming Control Board reported that 186 sportsbooks handled $133.8 million in Super Bowl wagers, down from $151.6 million a year earlier and the lowest total in 10 years. Unaudited figures showed sportsbooks won $9.8 million, a 7.4% hold. Sportsbook executives cited prediction markets among several possible factors; Nevada regulators separately sought to stop Coinbase’s prediction-market products, and a federal judge issued a temporary 14-day restraining order.

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