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Virginia sports wagering revenue falls 7.2% to $75.2m for January

Mobile sports wagering accounted for the vast majority of revenue during January 2026, having generated $74.9m for the monthly period but decreasing 7.1% from the prior year period.

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Virginia sports wagering revenue falls 7.2% to $75.2m for January
Key Points
Retail sports betting revenue produced just $324,385 of revenue during January 2026 and decreased 60.9%
Virginia bettors generated a total sports wagering handle of $687.9m for January 2026, equating to 6.6% decrease year-over-year

The Virginia Lottery has reported the state’s sports wagering activity for January 2026, as adjusted gross revenue (AGR) generated by online and retail operators during the monthly period decreased 7.2% for a total of $75.2m. 

Mobile sports wagering accounted for the vast majority of revenue during January 2026, having generated $74.9m for the monthly period but decreasing 7.1% from the prior year period.

Retail sports betting revenue produced just $324,385 of revenue during January 2026 and decreased 60.9%, having accepted $4m worth of wagers in Virginia for the monthly period. 

Virginia bettors generated a total sports wagering handle of $687.9m for January 2026, equating to 6% increase year-over-year and driven by mobile betting which accounted for $683.9m of handle and fell 6.4%.  

For January 2026, online and retail sports betting operators combined to submit just over $11.2m in total taxes to the Virginia Lottery, with nearly $11m going towards the state’s General Fund Allocation and the remaining $281,194 issued to the Problem Gambling Treatment and Support Fund. 

On February 13, the Virginia Lottery reported the state’s total casino activity for January 2026, as revenue increased 12% to just over $81m, aided by the debut of Live! Casino & Hotel Virginia in Petersburg on January 23.

Developed by The Cordish Companies in partnership with Bruce Smith Enterprise, Live! Casino & Hotel Virginia’s temporary facility generated nearly $4.7m of casino revenue during the final week of January, including $3.9m of slot revenue and $789,200 from table games. 

The permanent resort is expected to open in late 2027 and will include a larger gaming floor, hotel accommodations, meeting and entertainment space and expanded dining options.

Good to know

Virginia lawmakers approved legislation authorizing online casino gaming in the Commonwealth on February 18, marking the latest step in the state’s gradual expansion of regulated gambling

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