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Virginia betting handle rises by 40% in September

3rd November 2022 11:42 am GMT

Betting handle at Virginia's 13 licensed operators climbed 40 per cent in September to $411.3m, marking the first time since March that monthly handle has been above $400m.

The betting margin was the highest since launch at 13.1 per cent, which led to a record gross win of $53.8m, an increase of 74 per cent year-on-year.

September’s Adjusted Gross Revenue (AGR) rose nearly five-fold to $48.4m (2021: $10.3m) because of a 90 per cent fall in permitted [...]

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