Virginia Sports Betting Operators Record New January Revenue High

2026-05-01T08:18:57Z

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Old Dominion’s second-best handle ever [http://pilot.waytoacme.com/employer/the-bet-9ja-promotion-code-for-2026-is-yohaig produced] the highest gross revenue of all time. On Friday, the Virginia Lottery reported online and [https://www.carpenteriemotta.it/2019/04/05/hello-world-2/ retail sportsbooks] made $87.4 million, $1 million more than the previous record in Nov. 2024. Gross [https://trwfamily.com/index.php?route=journal3/blog/post&journal_blog_post_id=8 profit grew] by 9% [https://125.131.112.45/berrybedford53 year-over-year] and helped make up for a rough December. Virginia bettors wagered over $700 million in January for the third consecutive month, a first in the state’s betting history. The $736.7 million handle increased 12.8% year-over-year and was the most bet in the first month of a year yet. 11% January hold was down slightly from last [http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/3094870/Default.aspx January's] 11.4%, but the win rate [https://gitea.mynas-lechner.de/monserrateburg reached double] digits for the seventh time in the last 10 months. The [http://mediawiki.copyrightflexibilities.eu/index.php?title=User:MargaretaLenihan Virginia Lottery] also reported 11 of 16 operators finished positive for the month in adjusted gross income, [https://wiki.knihovna.cz/index.php/Diskuse_s_u%C5%BEivatelem:Mickey0276 reaching] $81 million for the first time. Online operators [https://livestatus.de/index.php?title=Benutzer:ChanelMarina41 accounted] for $730.5 million of January’s total handle and over $80 million of adjusted revenue while retail [https://transcrire.histolab.fr/wiki/index.php?title=Utilisateur:BlakeMcCaskill4 books bounced] back from a December loss to finish over $830,000 in the black. The commonwealth filled its coffers with $12.1 million in January. Month-over-month gains After [https://www.garagesale.es/author/maryannelea/ suffering] a 42% month-over-month revenue decrease between November and December 2024, Virginia sports betting operators turned that around in January with a 63.6% month-over-month increase. A good last month of 2024 for bettors, thanks to [https://agf-wiki.dk/index.php/Bruger:EarthaHowchin7 favorable NFL] outcomes, [https://www.absbux.com/author/carmeloswad/ reversed] to kick off 2025. While the amount [https://bbarlock.com/index.php/User:DarciJle0237434 wagered] only went up less than 1%, hold jumped significantly from December’s 6.7%, thanks to more operator-friendly outcomes during the NFL [http://steuerunterricht.de/index.php?title=Benutzer:HelenJarrell playoffs]. [http://bwiki.dirkmeyer.info/index.php?title=Benutzer:EltonMann04065 Casino revenue] update Virginia’s three [https://wiki.arbyten.de/index.php?title=Benutzer:HectorSouthern5 land-based] [http://wikipeter.dk/wiki160316/index.php?title=Bruger:TamaraQuinlivan casinos produced] $72.3 million in [https://terrestrial-wisdom.com/2021/04/27/sample1/ gaming-adjusted] revenue, up 36.7% from Jan. 2024 but down from Dec. 2024’s $74.9 million. The commonwealth hauled in $13 million in tax income from a graduated tax on commercial casinos. [http://groszek.katowice.pl/forum/profile.php?id=340891 Caesars Virginia] generated the most adjusted revenue with $28.6 million. River Casino Portsmouth came in second with $25.3 million while Hard Rock Bristol produced $18.5 million in January.

Benutzer:HelenJarrell

2026-05-01T08:18:53Z

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Virginia Sports Betting Operators Record New January Revenue High

Benutzer:HelenJarrell