Virginia’s adjusted gross sports betting revenue nearly doubled in January compared to the previous month, despite a steady handle.
According to data from the Virginia Lottery published on February 28, revenue reached $81 million, marking an 84.5% increase from December and a 20% rise year-on-year.
Many states experienced lower revenue in December due to customer-friendly sports outcomes, but January saw a return to normal market conditions. Breaking down revenue, online betting contributed $80.2 million, while retail spor