November sports wagering in Virginia narrowly missed equaling October’s single-month record, but operators enjoyed record revenues.
The Virginia Lottery released November figures on Friday, reporting more than $518.8 million wagered. That total is just 1.7% below the state’s record of $528 million set in October but is 29% above November 2021.
During the 30 days of November, Virginians wagered an average of $17.3 million per day on sporting events. Their winnings totaled $461.3 million while the operators’ hold was a new one-month record $52.8 million, according to the lottery. Adjusted gross revenues were up 16% from October’s $45.5 million and up 76.5% from the November 2021 total of $29.9 million…
Regulated sports wagering began in Virginia in January 2021.
