AI Summary
Sign in to listen

Virginia sports betting revenue climbs 15.1% to $64.6m during April

The increase in sports betting revenue was assisted by a 0.7% rise in the state’s handle for April 2026, totaling $613.9m and heavily driven by online wagering which accounted for $608.5m.

1 min read
Virginia sports betting revenue climbs 15.1% to $64.6m during April
Key Points
Retail operators reported a loss of $416,559 from sports betting, representing a 12% decrease from the loss witnessed during April 2025
In total, Virginia operators submitted $9.8m in taxes to the state’s General Fund and Problem Gambling Treatment and Support Fund

The Virginia Lottery has reported the state’s online and retail sports betting activity for April 2026, as total revenue increased 15.1% to $64.6m during the monthly period, despite a loss of $416,559 witnessed from land-based operations. 

While retail operators reported a revenue loss of $416,559 from sports betting, the figure represents a 12% decrease from the loss witnessed during April 2025. 

The increase in sports betting revenue was assisted by a 0.7% rise in the state’s handle for April 2026, totaling $613.9m and heavily driven by online wagering which accounted for $608.5m and grew 0.8%. 

Virginia’s retail sports betting operations produced nearly $5.4m of handle and decreased 10.7%, while online sports betting revenue in Virginia climbed 14.8% to just over $65m for April 2026. 

In total, Virginia’s sports betting operators submitted $9.8m in taxes to the state’s General Fund and Problem Gambling Treatment and Support Fund, which is administered by the Virginia Department of Behavioral Health and Developmental Services.

On May 14, the Virginia Lottery reported the state’s total casino revenue for April 2026, as revenue increased 25.6% to $98.9m, primarily due to a 25.8% rise in slot machine revenue to just over $74.9m.

Table game revenue in Virginia also managed to grow year-over-year, increasing 25% to nearly $24m. The April 2026 figure was assisted by the Interim Gaming Hall Norfolk and Live! Virginia facilities, which accounted for $958,255 and $13.8m of casino revenue, respectively.

Caesars Virginia generated the most revenue of any gaming establishment located in the state, increasing 3.3% for a total of $33.5m.

Good to know

Virginia Governor Abigail Spanberger vetoed Senate Bill 661 on April 13, which would have legalized skill-based gaming, citing concerns over the ‘absence of a centralized regulatory authority’

Reaction Board

Set Global Gaming Insider to be your preferred search result

In The News

View all
NCAA and Big 12 issue separate court filings to halt Brendan Sorsby’s eligibility
[SIGNIFICANT IMPORTANCE]

NCAA, Big 12 issue separate court filings to halt Brendan Sorsby’s eligibility

The NCAA asked a Texas appeals court to stay a temporary injunction granted by Judge Ken Curry, which approved Sorsby’s eligibility for the upcoming 2026-2027 college football season.

· Legal & Regulatory + 3