Virginia tops $10 billion in all-time sports wagering handle

Virginia tops $10 billion in all-time sports wagering handle

Article brief provided by SportsHandle
  • Chris Altruda, SportsHandle
June 2, 2023 3:36 PM
  • Chris Altruda, SportsHandle

Virginia has become the ninth state in the post-PASPA era to surpass $10 billion in all-time sports wagering handle, after the Virginia Lottery on Thursday reported close to $426 million in accepted wagers for the month of April.

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The Old Dominion joined New Jersey, Nevada, New York, Illinois, Pennsylvania, Indiana, Colorado, and Michigan in reaching the benchmark, doing so in 28 months of wagering since launching in late January 2021. Virginia has topped $400 million handle for eight consecutive months, its longest such run since legalization. This year’s handle represented a 6.6% increase compared to April 2022, when the total was just shy of $400 million. The April handle was 16.7% lower than in March, which is traditionally a month with more betting.