The Virginia Lottery reported gross sports wagering revenue of nearly $50.7 million for the month of December on Wednesday, capping an incredibly strong performance by operators in the second half of 2022.
It was the fourth consecutive month gross revenue cleared $50 million, the only occasions that has occurred in the 24 months of wagering in the Old Dominion. The $276.2 million in gross operator revenue generated from July through December nearly equaled the $285.9 million for all of 2021.
Handle surpassed $500 million for the third consecutive month as the 14 operators conducting business accepted $503.1 million worth of bets. That was 3% lower compared to November’s handle of $518.8 million but also 17.9% higher than December 2021, when three fewer operators were taking action.
