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Virginia Lottery reports record $3.75B in revenue
The Virginia Lottery posted record sales of $3.75 billion and a record of almost $779.6 million in profits for fiscal year 2022, the lottery‘s board announced Tuesday. Sales increased roughly 15% from last year, and the lottery’s profits increased about 1.9% over the prior fiscal year’s record. The lottery’s fiscal year ends on June 30. […]
Golden Nugget pulls out of Va. after DraftKings acquisition
DraftKings Inc. closed its acquisition of Golden Nugget Online Gaming Inc., the Boston-based company announced last week, and Golden Nugget will therefore no longer operate in Virginia. Golden Nugget Online Sportsbook in Virginia said it stopped accepting registrations, wagers and deposits in early May and would no longer offer promotions. For 60 days after the […]
Virginians bet $402M on sports in February
Virginians bet almost $402 million in February, according to data released April 1 by the Virginia Lottery. Virginia sports bettors won more than $374 million in February. Since the state legalized sports betting in mid-January 2021, Virginia has recorded $4.1 billion in wagers. February’s gross revenue was a decrease of more than $83.6 million from […]
College sports wagering bill wasn’t good bet
RICHMOND, Va. — Six Virginia men’s and women’s basketball teams made it into March Madness, but state law prevents fans and bettors from placing wagers on their favorite in-state college teams. Lawmakers attempted to change that law this session. Sen. Monty Mason, D-Williamsburg, introduced Senate Bill 576 that would allow Virginia sports bettors to bet […]
Virginians bet record $427M on sports in October
Virginians bet $427 million in October, a new monthly record, according to data released Wednesday by the Virginia Lottery. Virginia sports bettors won $397 million that month, the lottery announced. Virginia has recorded $2.4 billion in wagering since the state legalized sports betting in mid-January, as well as $206 million in gross gaming revenue, including […]
Virginians bet $182 million on sports in August
Virginians bet $182 million in August, a 13% increase from July, according to data released Friday by the Virginia Lottery. Virginian sports bettors won $171 million in August. Virginia sports betting wagers total more than $1.48 billion since the state legalized sports betting in mid-January. In July, the state reaped about $161.9 million in gross […]
Virginia sports betting dropped to $162M in July
Virginians bet $161.9 million in July but won $141.94 million, according to data released Wednesday by the Virginia Lottery. Virginia sports betting wagers now total more than $1.48 billion since the state legalized sports betting in mid-January. In June, the state reaped about $234.9 million in gross revenue from sports betting, making July’s revenue a […]
Virginians bet $235M on sports in June
Virginians bet $234.9 million on sports in June but nearly broke even, making $212.9 million during the fifth full month for legal sports wagers, according to data released Friday by the Virginia Lottery. Virginia sports betting wagers now total more than $1.3 billion since the state legalized sports betting in mid-January. In May, the state […]
Virginians bet $236M on sports for April
Virginians bet $236 million on sports during April, the third full month for legal sports wagers in the commonwealth, according to data released Friday by the Virginia Lottery. Bettors made about $217 million between April 1-30. Virginians bet 22% less in April than in March when they wagered heavily on the NCAA Division I men’s […]
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 […]
Washington Football Team is first NFL team to partner with sports betting company
The Ashburn-based Washington Football Team announced Monday a partnership with gaming company FanDuel Group to provide sports betting across the state. It’s the first NFL team to partner with an online sports bookmaker. Through the partnership, which was approved by the Virginia Lottery last week, FanDuel will serve as the operational partner for a betting […]
