Virginia sports wagering revenue shows significant yearly increase in December


Virginia’s sports betting revenue hit $79.3 million in December 2025, falling short of the previous month’s $95.3 million record, yet still outperforming figures from the previous year.

Year-over-year adjusted gross sports betting revenue surged by 80.6%, as reported by the Virginia Lottery. Nonetheless, the December total fell 16.8% below the record set in November 2025.

Contributions from online betting

Online sportsbooks accounted for $79.2 million of the total adjusted gross revenue for December, while retail sportsbooks only contributed $115,064.

The state does not disclose operator-level statistics. Virginia has 14 licensed mobile sports betting operators and three casinos authorized to provide sports wagering.

Monthly declines in overall handle

The total sports betting handle in December reached $710.9 million, reflecting a 2.6% decrease compared to December 2024 and 10.4% lower than November 2025. The state’s highest handle record remains at $831.6 million, achieved in October 2025.

Online wagers amounted to $705.3 million for December, with retail sportsbook locations recording $5.7 million in bets.

Payouts, deductions, and tax allocations

Players received $627.5 million in payouts from sports betting activities in December. The Virginia Lottery also noted $4.1 million in other deductions during the month, with no allowance bonuses or promotional deductions reported.

Sports betting operators contributed $11.9 million in taxes in December, marking an 81% increase from the same month in 2025. Of this total, $11.6 million was allocated to the state’s General Fund while $298,338 was designated for the Problem Gambling Treatment and Support Fund.

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