Virginia sports betting revenue falls 19.1% during August to $47.2m

The Virginia Lottery has reported the state’s total sports betting activity for August 2026, as adjusted gross revenue (AGR) from online and retail operators during the monthly period fell 19.1% to $47.2m. 

The state’s mobile betting operations accounted for just over $46.4m of the total revenue for August and decreased 19%, while retail betting in Virginia drove $722,302 and fell 23.1% year-over-year.

Despite the decrease in revenue from the prior year period, Virginia’s total sports betting handle increased 4.3% to nearly $532.3m. Bettors took home $481m in winnings for August, equating to a hold of 9.63% for operators. 

Operators submitted just over $7m in taxes to the state of Virginia for August, including $6.8m in contributions to the General Fund and $175,426 to the Problem Gambling Treatment and Support Fund. 

On September 15, the Virginia Lottery also released the state’s total casino activity for August, as the five commercial operators which currently report to the regulator combined to generate $97.6m of revenue, equating to growth of 15%. 

During August, slot machine activity in Virginia accounted for $75.8m of the state’s total revenue and increased 15.6%, while table game revenue grew 13.1% year-over-year to nearly $21.8m. 

Despite generating the highest casino revenue of any commercial property during August, Caesars Virginia reported a decrease of 3.9% to just over $33.1m, followed by Rivers Casino Portsmouth which witnessed a fall of 6.8% to $26.1m. 

While some may wonder how the state increased casino revenue despite its leading operators reporting decreases from August 2025, figures were helped by the recent launches of Live! Virginia and the Interim Gaming Hall Norfolk, which generated $14.3m and $1.1m, respectively.