Virginia reported record adjusted sports betting gross revenue for the month of November, while handle in Old Dominion also reached an all-time high for the second consecutive month.
Data published this week by the Virginia Lottery shows gross revenue in November 2024 hit $80.6 million (£64.3 million/€77.7 million). This is 121.4% ahead of the same month in 2023 and 64.5% more than October 2024.
The total also surpassed the state’s existing adjusted gross revenue (AGR) record of $67.5 million – set in January 2024 – by 19.4%.
Almost all AGR came from online. During the month, some $79.9 million of all revenue was attributed to online betting, compared to $666,689 in retail revenue.
Player spending in Virginia up to $761.0 million
In terms of how much players spent on sports betting, the monthly handle for November across both online and land-based hit $761 million. This surpasses last year by 19.1%.
November also marks the first time Virginia has surpassed $700 million in betting..