by Evan Thornton | Sep 2, 2021 5:34 pm | Revenue
Virginia sports betting handle dropped 32% from June to July. Sportsbook revenue profit saw a 15% decline from June to July. July had a hold percentage of 12.3% for the VA sports gaming market. RICHMOND, Va. – Virginia sportsbooks handled $75 million less in...
by Christina Monroe | Jun 1, 2021 5:00 pm | Revenue
Virginia sports betting handle took a dip in April as did the rest of the country. The seven sportsbooks of Virginia had a total handle of $236.4 million for April. Although they were down month-over-month in handle and revenue, their tax hold increased by almost 40%....
by Giovanni Shorter | May 3, 2021 10:26 am | Revenue
More than $304 million was bet on sports in Virginia in March. This can mainly be attributed to March Madness betting throughout the month. FanDuel is the biggest sportsbook in the state, claiming 53% of the market. RICHMOND, Va. – Sports betting fans in Virginia...
by Giovanni Shorter | Apr 23, 2021 10:44 am | Sports Betting
The Virginia Lottery has granted Kindred Group market access in Virginia. This allows Kindred Group’s Unibet sportsbook to launch. Unibet will be a stand-alone mobile sportsbook in the state. RICHMOND, Va. – Virginia sports betting fans will soon have access to a new...
by Christina Monroe | Apr 3, 2021 8:30 am | Revenue
The sports betting industry in Virginia has posted another negative month for February with over $3 million in the red. Although the Commonwealth saw a loss, handle was at a record high at $265.8 million for the month. Over 7.3% of wagers came from Super Bowl betting...
