Virginia Lottery Releases September Sports Wagering Report

The Virginia Lottery released its September sports wagering report and bets were up by 40% from September of 2021. Bets topped $411 million and winners took home nearly $357 million. Sports wagering began in January 2021 and there are now 13 online operators plus in June a new sports book opened in Bristol. State law places a 15% tax on sports betting activity based on each permit holder’s adjusted gross revenue.