Virginians wagered nearly $294 million in September sports betting

Almost 10 months after it commenced, sports betting continues to grow in Virginia, with nearly $294 million wagered during the month of September.

According to a release from Virginia Lottery, Virginians wagered $293,851,531 between Sept. 1 and Sept. 30 – a 61% increase from the previous month and the highest amount since March.

Lottery officials say the beginning of college and professional football seasons is a likely factor for the sharp rise.

As far as winners go, Virginia bettors raked in a total of $262,922,288 during September. As the list of approved leagues and events has continued to expand, bettors have wagered more than $1.96 billion since sports betting began on Jan. 21, the release said.



Virginia law requires a 15% tax on sports betting activity, which accumulated over $12.6 billion between inception and the end of September. Of those tax revenues, 2.5% ($315,788) has been deposited in the Virginia’s Problem Gambling Treatment and Support Fund.

If gambling is causing a problem in your life, or the life of a loved one, please contact:

The National Problem Gambling Helpline

Call: 1-800-522-4700
Text: 1-800-522-4700
Chat: ncpgambling.org/chat

 

Joshua Barlow

Joshua Barlow is a writer, composer, and producer who has worked for CGTN, Atlantic Public Media, and National Public Radio. He lives in Northeast Washington, D.C., where he pays attention to developments in his neighborhood, economic issues, and social justice.

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