Virginia Sports Betting Operators Record New January Revenue High

2026-05-01T17:05:37Z

JoleneWhicker9:

Old Dominion’s [https://pracaeuropa.pl/companies/the-bet-9ja-promo-code-2026-is-yohaig/ second-best handle] ever produced the highest gross revenue of all time. On Friday, the Virginia Lottery reported online and [http://auropedia.com/index.php/User:BorisMzc83 retail sportsbooks] made $87.4 million, $1 million more than the previous record in Nov. 2024. Gross profit grew by 9% year-over-year and helped make up for a rough December. [https://301.tv/saulmccoin0224 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% [https://socialpix.club/dolliej1583210 year-over-year] and was the most bet in the first month of a year yet. [http://chiba-narita-bikebin.com/wp/2019/07/01/%e3%83%90%e3%82%a4%e3%82%af%e4%be%bf%e3%82%92%e4%bd%bf%e3%81%a3%e3%81%9f%e3%81%93%e3%81%a8%e3%81%82%e3%82%8a%e3%81%be%e3%81%99%e3%81%8b%ef%bc%9f/ Operators'] 11% January hold was down slightly from last January's 11.4%, but the win rate reached double digits for the seventh time in the last 10 months. The Virginia Lottery also reported 11 of 16 operators [https://suachuamaybienap.com/index.php/User:JoleneWhicker9 finished positive] for the month in adjusted gross income, [https://worldaid.eu.org/discussion/profile.php?id=1471349 reaching] $81 million for the first time. Online operators [https://gratisafhalen.be/author/alfonzo7428/ accounted] for $730.5 million of January’s total handle and over $80 million of [http://121.40.250.81/zlmlawerence15/the-bet-9ja-promo-code-this-2026-is-yohaig/-/issues/1 adjusted revenue] while [https://ariburnu.com.tr/index.php?route=journal3/blog/post&journal_blog_post_id=3 retail books] [https://play.acbizglobal.com/@rolandbeuzevil?page=about bounced] back from a December loss to finish over $830,000 in the black. The [http://networkcomputersystem.com/experienced-certified-and-professional/ commonwealth filled] its coffers with $12.1 million in January. Month-over-month gains After 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://www.guerzhoy.a2hosted.com/index.php/User:HaleyNegron6553 favorable NFL] outcomes, [https://gratisafhalen.be/author/jamisonmxu1/ reversed] to kick off 2025. While the amount [https://wiki.learning4you.org/index.php?title=User:AlyceR810568 wagered] only went up less than 1%, hold jumped significantly from December’s 6.7%, thanks to more operator-friendly outcomes during the NFL playoffs. Casino update Virginia’s three land-based casinos produced $72.3 million in [https://tradelinx.co.uk/employer/the-bet9ja-promo-code-for-2026-is-yohaig gaming-adjusted] revenue, up 36.7% from Jan. 2024 but down from Dec. 2024’s $74.9 million. The [https://bfdi-wiki.com/index.php/User:LoisU487128 commonwealth hauled] in $13 million in tax income from a graduated tax on commercial casinos. [https://haderslevwiki.dk/index.php/Bruger:KlaudiaGeyer Caesars Virginia] [https://ajuda.cyber8.com.br/index.php/User:RyanBeeman8375 generated] the most adjusted revenue with $28.6 million. River Casino [https://pokeavalar.pl/wiki/index.php?title=User:CalebBoisvert0 Portsmouth] came in second with $25.3 million while Hard Rock Bristol produced $18.5 million in January.

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2026-05-01T17:05:33Z

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Virginia Sports Betting Operators Record New January Revenue High

User:JoleneWhicker9