Virginia Sports Betting Revenue And Handle
The experts at BetVirginia.com have assembled this guide to explain what we mean when we talk about revenue and sportsbook handle for Virginia sports betting that the state reports each month.
There is an active market with many online or mobile operators as well as a growing number of retail sports wagering options at brick-and-mortar casinos in the commonwealth.
The handle is simply the total dollars wagered on sports in the state each month. In Virginia, bettors wager hundreds of million of dollars each month. From the time legal sports betting launched in January 2021 to early 2023, legal, regulated sports bets were placed exclusively with online sportsbooks. Since then, physical casinos have begun taking retail wagers on sports, albeit in much smaller numbers.
The revenue refers to the amount that operators have left after they pay out winning bets. From there, bookmakers pay 15% tax to the state on the adjusted gross revenue. Those operators often offer Virginia sportsbook promo codes to their customers for signing up.
Virginia sports betting, March vs. February
| Total handle | Mobile handle | Revenue |
March | $672.838M | $666.405M | $60.111M |
February | $574.599M | $571.558M | $53.809M |
Change | Up 17.1% | Up 16.6% | Up 11.7% |
The madness of March delivered strong returns for Virginia sports betting, with double-digit percentage jumps in all categories compared to February.
March’s Virginia sports betting handle was $672,838,454, up 17.1% from February ($574,599,139), according to figures that the Virginia Lottery posted on May 1. The Commonwealth’s mobile sports betting handle was $666,405,392 for the third month of 2026, a 16.6% month-over-month rise compared to $571,557,807 in February.
The total adjusted gross revenue (AGR) was up 11.7%, from $53,809,165 in February to $60,111,011 in March. The AGR from mobile operators was up 11.9% to $59,803,244, from February’s $53,464,242.
That revenue surge corresponded directly with a similar spike in VA sports betting total taxes. The state collected $9,005,695 in March, 11.7% better than $8,061,675 in the previous month, putting a solid final note on a strong month in the Old Dominion.
Virginia Mobile Sports Betting History
Virginia Sports Betting Handle and Revenue FAQs
The Virginia sports betting handle in 2025 was more than $7.683 billion, a 10.9% boost from the 2024 figure of $6.93 billion.
The Virginia Lottery reports its figures for sports betting once a month, usually about four weeks after a month ends. For instance, December 2025 figures were released on Jan. 30, 2026.
Author
Christopher Boan has been covering sports and sports betting for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News.
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