Virginia Sports Betting Revenue And Handle
The experts at BetVirginia.com have assembled this guide to explain what we mean when we talk about revenue and sportsbook handle for Virginia sports betting that the state reports each month.
There is an active market with many online or mobile operators as well as a growing number of retail sports wagering options at brick-and-mortar casinos in the commonwealth.
The handle is simply the total dollars wagered on sports in the state each month. In Virginia, bettors wager hundreds of million of dollars each month. From the time legal sports betting launched in January 2021 to early 2023, legal, regulated sports bets were placed exclusively with online sportsbooks. Since then, physical casinos have begun taking retail wagers on sports, albeit in much smaller numbers.
The revenue refers to the amount that operators have left after they pay out winning bets. From there, bookmakers pay 15% tax to the state on the adjusted gross revenue. Those operators often offer Virginia sportsbook promo codes to their customers for signing up.
Virginia Sports Betting, April vs. March
Total handle | Mobile handle | Revenue | |
April | $613.893M | $608.532M | $64.599M |
March | $672.838M | $666.405M | $60.111M |
Change | Down 8.8% | Down 8.7% | Up 7.5% |
Virginia sports betting handle dipped in April after a March Madness–fueled high, but revenue climbed to its strongest month of 2026 so far.
April’s Virginia sports betting handle was $613,893,171, down 8.8% from March ($672,838,454), according to figures that the Virginia Lottery posted in late May. The Commonwealth’s mobile sports betting handle was $608,532,035 for April, an 8.7% month-over-month decline from $666,405,392 in March.
The total adjusted gross revenue (AGR) was up 7.5%, from $60,111,011 in March to $64,599,389 in April. Mobile operators accounted for $65,015,947 in AGR, while casino retail activity posted a negative AGR of −$416,559, indicating that retail payouts exceeded wagers and deductions for the month. The strong mobile performance more than offset that retail shortfall.
That revenue surge corresponded directly with a similar spike in VA sports betting total taxes. The state collected $9,784,748 in April, 8.7% better than $9,005,695 in March, with $9,540,130 flowing to the General Fund and $244,619 to the Problem Gambling Treatment and Support Fund.
Virginia Mobile Sports Betting History
Virginia Sports Betting Handle and Revenue FAQs
The Virginia sports betting handle in 2025 was more than $7.683 billion, a 10.9% boost from the 2024 figure of $6.93 billion.
The Virginia Lottery reports its figures for sports betting once a month, usually about four weeks after a month ends. For instance, December 2025 figures were released on Jan. 30, 2026.
Author
Thomas Leary is a news editor and writer for BetVirginia.com. He previously worked at Sports Business Journal for moer than six years, where he helped identify emerging sectors across sports business, such as legalized gambling, and helped launch the publication’s digital newsletter division.
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