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Home News Industries Government Virginians bet $235M on sports in June

Virginians bet $235M on sports in June

Sports wagers total $1.3B since becoming legal in January

Published July 30, 2021 by Katherine Schulte

Virginia Lottery logo
Virginia Lottery logo

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 reaped about $226.9 million in gross revenue from sports betting, making June’s revenue an increase of 3.5%.

The seven licensed operators included in June’s reporting were Betfair Interactive US LLC (FanDuel) in partnership with the Washington Football Team; Crown Virginia Gaming LLC (Draft Kings); BetMGM LLC; Rivers Portsmouth Gaming LLC (Rivers Casino Portsmouth); Caesars Virginia LLC (William Hill); WSI US LLC (Wynn); and Unibet Interactive Inc.

The state has placed a 15% tax on sports betting activity based on each permit holder’s adjusted gross revenue. With four operators reporting net positive adjusted gross revenue, the monthly taxes for June total $2.27 million.

In the fiscal year that ended June 30, the lottery reported a record $3.26 billion in annual sales.

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