Virginia Sports Betting Holding Steady Despite Fewer Sportsbooks

Written By:

Michael Molter

Published On:

November 3, 2026 10:38 AM

Virginia Sports Betting Holding Steady Despite Fewer Sportsbooks
  • Virginia went from 14 authorized mobile sportsbooks last September to 10, but mobile handle slipped just 0.8% to $725.6 million.
  • The average mobile sportsbook took $72.6 million, up about 19% even after removing two closed books from last year’s count.
  • Total handle fell 1% to $729.6 million, Virginia’s first September decline, and taxes fell 4.4% to $9.24 million.

RICHMOND, Va. – Virginia has four fewer sportsbooks than it did a year ago, and bettors barely moved. The Virginia Lottery’s September report shows 10 mobile sportsbooks took $725.6 million in bets, down 0.8% from last September, when 14 were authorized.

The list has shrunk throughout the year. Virginia sports betting was down to 13 mobile sportsbooks by January, 12 by March, 11 by June and 10 by September.

Some of those were only names on a list. Betfred and SuperBook both stopped taking bets in 2024, according to a Lottery board update, and held permits after that. betr and Sporttrade left this year.

Even without Betfred and SuperBook in last year’s count, the average mobile sportsbook took about $61 million last September. This September, it took $72.6 million. Over two years, the gap is wider, as 12 mobile sportsbooks took $618.3 million in September 2024, and 10 took 17.3% more this year.

First September Drop

Including casino counters, handle fell 1% to $729.6 million. It’s the first September decline since Virginia launched in 2021, when bettors placed $293.9 million that month.

Legal sportsbooks held 9.4%, nearly matching last year, but other deductions rose 29.7% to $6.8 million. That left adjusted gross revenue down 4.2% at $61.8 million and taxes down 4.4% at $9.24 million.

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Ben Fiore

Michael Molter

Michael Molter has worked with LegalSportsBetting since 2018 starting as a content writer. Now the Director of Content, his work analyzes how laws, licensing, and compliance directly impact bettors and operators across jurisdictions. His research has been cited by NASDAQ, Research Gate, and PokerNews, as well as in academic reports from Villanova, Seton Hall, and Fairleigh Dickinson University.