Virginia sport betting again topped $500 million in January

Thursday, March 2, 2023 3:59 PM
Photo: Bristol VA / TENN si...hoto by SeeMidTN.com (aka Brent) shared under a Creative Commons (BY-NC) license
  • David McGee , Bristol Herald Courier

Virginia residents continued their strong interest in sports betting in January, wagering in excess of $500 million for the fourth consecutive month.

Virginians wagered more than $513.15 million during the month, representing the third highest handle in state history. During the first 31 days of this year they wagered an average of about $16.5 million per day, according to the Virginia Lottery, which released monthly sports wagering figures on Wednesday.

The $513 million dollar total is 5.7% higher than the $485.5 million wagered during January 2022, according the lottery report.

“Virginia started 2023 stronger than some other markets in the US. While a few states reported a downturn in handle from December, Old Dominion reported a modest 2% increase in handle coming off the holiday season.