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Virginia Lottery releases December 2024 sports betting activity report

31 January 2025

(PRESS RELEASE) -- The Virginia Lottery today released its report on sports wagering activity submitted by licensed operators for the month of December 2024.

Between 1-31 December 2024, Virginians wagered $734,380,460, 16.0% higher than last December. For December, thirteen mobile operators and three casinos were operating in Virginia.

Virginia bettors won a total of $684,826,417 for a combined 6.75% operators win percentage.

State law places a 15% tax on sports betting activity based on each permit holder’s adjusted gross revenue (AGR), which is defined as total wagers minus total winnings and other authorized deductions.

Of the state tax on sports betting AGR, the statute specifies 97.5 percent is to be deposited in the state’s General Fund and 2.5 percent is to be deposited into the Problem Gambling Treatment and Support Fund administered by the Virginia Department of Behavioral Health and Developmental Services.

Eleven operators reported net positive AGR for December, leading to $6.6 million in tax payments for the month.

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Virginia Lottery releases December 2024 sports betting activity report is republished from Online.CasinoCity.com.