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Virginia sports wagering generates $79.3m revenue for December

The figure equates to an 80.6% increase from the prior year period, driven primarily by online sports betting operations which produced nearly $79.2m of revenue and grew 80.3%.

3 min read
Virginia sports wagering generates $79.3m revenue for December
Key Points
Retail sports betting accounted for just $115,064 of the state’s total revenue for December 2025, rising from a loss of nearly $13,000
Virginia’s total handle during December 2025 was just over $710.9m, representing a 3.2% decrease year-over-year

The Virginia Lottery has released the state’s online and retail sports wagering activity for December 2025, as adjusted gross revenue (AGR) increased 80.6% to $79.3m, despite total handle falling 3.2% to just over $710.9m. 

Despite accounting for just $115,064 of the state’s total AGR during December 2025, retail sports betting operations managed to increase revenue after reporting a loss of nearly $13,000 for the prior year period. 

Online sports betting generated the vast majority of revenue for the monthly period, producing nearly $79.2m of AGR for an increase of 80.3% year-over-year. Digital platforms also accounted for close to $705.3m of Virginia’s total handle for December 2025, but decreased 3.3%. 

According to the Virginia Lottery, bettors in the state managed to take home just over $627.5m of winnings during December 2025, representing a combined 11.7% hold for online and retail operators for the period. 

In total, operators paid $11.9m in taxes during December 2025, including $11.6m to Virginia’s General Fund Allocation and an additional $298,338 to the state’s Problem Gambling Treatment and Support Fund Allocation. 

On January 29, The Virginia General Laws Committee voted to advance Senate Bill 118 following new amendments introduced by Senator Mamie Locke, representing the first step to potentially legalizing iGaming across the state.

The most notable amendment introduced by Locke requires iGaming operators conducting business in Virginia to implement responsible gambling programs, including those which utilize player data and technology.

SB 118 will now move to the Finance and Appropriations Committee in Virginia, with Locke having considered practices from New York’s regulatory framework prior to introducing the new amendments.

Good to know

The Virginia Lottery released the state’s casino activity for December 2025 on January 15, as the state’s four commercial properties combined to generate $86.5m of revenue, equating to growth of 15.5%

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