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Sports betting brings in tax money, gambling helpline calls
RICHMOND, Va. — Football season has kicked off and stretches from September to February. The sport is forecasted to bring in $35 billion in legal bets this season, according to the American Gaming Association. In Virginia it is one of the top types of sports wagers made, according to Virginia Lottery gaming updates. Sports betting […]
Bettors waged $304M+ in March, Virginia Lottery reports
Betting on the NCAA Division I men’s basketball tournament accounted for more than $83.5 million of the $304 million in sports wagering that took place in Virginia during March 2021, according to a report released Friday by the Virginia Lottery. In all, Virginians bet $304.06 million and won $277.49 million in the second full month […]
Online games made up 21% of Va. Lottery income
The Virginia Lottery raked in $436 million from online lottery games between their July 1, 2020, launch and the end of February, making up 21.8% of the state lottery’s total $2 billion revenue during that period. According to a news release Wednesday, 163,000 players have won prizes playing the lottery online, including the Mega Millions, […]
