Virginia’s newly regulated sports betting market generated total wagers of $236.4m in April 2021, the third full month since legal sports betting launched in the state.
April wagers were down 22 per cent compared to the previous month’s $304.0m total, which benefited from significant betting activity on the NCAA 'March Madness' college basketball tournament.
The state’s seven licensed operators paid out $217.0m in winnings during the month of April, with bonuses and promotions amounting to $5.5m and [...]
