Virginia sportsbooks saw a combined $545 million in wagers in February, more than $100 million less than in January.
Virginia, like the other betting states, reported that bettors pulled back on their action in February, not surprisingly since there was less football, even if it was the Super Bowl. Quantity is great for sports bettors and March’s jam packed month should look better. that sportsbooks in February saw a combined $545 million in wagers, more than $100 million less than January’s record-high $652.8 million. monthly action is down, compared to last year it was 25.6% higher.
After $9.9 million in taxes from January, February brought in just $6.3 million to the commonwealth’s General Fund. Virginia’s casinos contributed less than 1% to the commonwealth's handle. The three physical locations together saw a total of $4.9 million in bets, making $289,000 in gross revenue. Revenue-wise slot machines brought in more money as their table game counterparts. Rivers Casino Portsmouth saw more than twice as much money from slots.
Rivers Casino was the biggest earner of Virginia’s three casinos, ending February with $25.2 million in adjusted gross revenue. If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so. It is your sole responsibility to understand your local laws and observe them strictly.
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