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Virginia generates $55.4m sports wagering revenue for July, handle increases 42%

The total revenue figure for July equates to a 21.5% increase year-over-year, with online activity accounting for just over $55.1m during the monthly period and rising 22.3%.

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Key Points
Retail sports betting drove just $286,939 of revenue for July 2026, representing a decrease of 45.1%
Virginia regulators collected $8.3m in taxes from sports betting operators, including $8.1m for the state’s General Fund

The Virginia Lottery has reported the state’s total sports wagering activity for July 2026, as online and retail operators managed to generate $55.4m of revenue, representing an increase of 21.5%. 

Online sports betting accounted for the vast majority of revenue and total handle during July, having produced just over $55.1m and increased 22.3%. Mobile activity also drove $606.3m of handle for July, rising 41.9% year-over-year. 

Retail sports betting drove just $286,939 of revenue for July and decreased 45.1%, even while the vertical’s $2.8m handle during the monthly period equates to a 41.9% increase as well. 

Between online and retail sports betting operations in Virginia, the state’s total handle increased 42% to nearly $609.2m. Operators currently licensed in Virginia paid out $549.8m in winnings, creating a hold of 9.75% for July. 

Virginia operators also submitted $8.3m in taxes to state regulators during July 2026, of which $8.1m was issued to the General Fund Allocation, while the remaining funds were sent to the Problem Gambling Treatment and Support Fund. 

Virginia Sports Betting Revenue - 2026

How has the state's revenue shifted since the beginning of 2026?

In total, operators have paid just over $16.7m in taxes for fiscal year 2027, while the Problem Gambling Treatment and Support Fund has received $417,525 in support. 

On August 14, the Virginia Lottery released the state’s total casino activity for July, as the five commercial properties which report to the regulator combined to generate $102.5m of revenue, equating to an increase of 20.9%.

Caesars Virginia led all land-based gaming establishments with just over $36.1m of revenue for the monthly period, representing growth of 3%. Rivers Casino Portsmouth followed with nearly $28.7m of its own casino revenue, having increased 7.1% year-over-year. 

Hard Rock Bristol managed to increase casino revenue 0.4% to $23m, while Live! Virginia produced $13.8m of revenue after debuting its temporary gaming facility in January.

Good to know

Virginia’s Senate General Laws and Technology Gaming subcommittee voted to reject SB 118 in January, which sought to legalize online casino gaming such as slots, poker and table games

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