Virginia sports betting handle rises 28.9% year-on-year in November
| By Robert Fletcher
Consumers in Virginia wagered $518.8m (£431.5m/€488.9m) on sports in November, an increase on the previous year but a slight drop from October.
Player spending on betting was 28.9% ahead of $402.6m in November 2021 but down 1.7% from $528.0m in October of 2022.
Adjusted gross gaming revenue for November – total wagers minus winnings, bonuses and promotions and other authorised deductions – hiked 76.6% year-on-year to $52.8m, while this total was also 16.0% ahead of October 2022 despite the lower handle.