Virginia sports betting handle hits $609.7 million in April, up 8.2% year-on-year
Virginia’s sports wagering market continued its upward trajectory in April 2025, with bettors placing over $609.7 million in wagers, according to figures released by the Virginia Lottery. The monthly handle marked an 8.2% increase compared to April of the previous year.
Between April 1 and 30, a total of fourteen licensed mobile operators and three retail casinos were authorized to accept bets across the state. Combined, they generated $609,713,988 in wagers. Players won $546,920,765 over the same period, reflecting a 10.30% hold for operators.
Adjusted Gross Revenue (AGR), which factors in total wagers minus winnings and authorized deductions, amounted to $56.1 million for the month. This figure included $56.6 million in AGR from mobile sportsbooks, offset by a negative $473,390 in AGR from retail casinos.
No bonuses or promotional deductions were claimed during the month, while other deductions totaled approximately $6.6 million. State law mandates a 15% tax on AGR. For April, that translated into $8,517,816.52 in tax payments from eleven operators who reported net-positive AGR.
Of the total tax revenue, $8.3 million was directed to Virginia’s General Fund, while approximately $213,000 was allocated to the Problem Gambling Treatment and Support Fund overseen by the Virginia Department of Behavioral Health and Developmental Services.
Nevada Gaming Commission recommends approval of five-card Pai Gow for casino floors
NY sports betting handle drops to $1.65 billion in June
Sportsbooks adjust Illinois operations as per-wager tax takes effect
Stretch Network debuts NFT-driven poker jackpot experience
Maverick Gaming files for bankruptcy as debt, economic pressures take toll
Caesars Entertainment launches new branded live dealer studio in Michigan
LeoVegas launches proprietary sportsbook platform in Denmark
EEGS Affiliate Conference unveils new sponsorship packages ahead of 2025 edition
SiGMA Euro-Med to highlight latest iGaming and tech industry advancements this September
