Virginia Sports Betting Handle Reaches $574.6 Million in February

Virginia sports betting reached about $574.6 million in February, up 3.2% from the same month a year earlier, with mobile betting again doing almost all of the work.

Good to Know

• Players won $517.53 million during the month.
• Adjusted gross revenue produced about $9.3 million in tax contributions.
• Virginia casinos also reported $95.2 million in adjusted gaming revenue for February.

Virginia Betting Handle Keeps Climbing

Most of the February handle came from mobile apps, which accounted for about $571.56 million. Retail sportsbooks inside casinos added about $3.04 million. Virginia currently has three permanent casinos in operation: Hard Rock Hotel & Casino Bristol, Rivers Casino Portsmouth, and Caesars Virginia in Danville.

Players collected $517.53 million in winnings, while total Virginia adjusted gross revenue came to about $53.8 million. Under state rules, sports betting is taxed at 15% of each permit holder adjusted gross revenue after winnings and other allowed deductions. In February, 10 operators posted positive adjusted gross revenue.

Of the roughly $9.3 million in taxes generated, about $9.07 million will go to the general fund. Another $232,599 will go to the Problem Gambling Treatment and Support Fund, which is overseen by the Virginia Department of Behavioral Health and Developmental Services.

The February reporting period included Betfair Interactive US in partnership with the Washington Commanders, Crown Virginia Gaming, BetMGM, Rivers Portsmouth Gaming, Caesars Virginia, Bally’s Interactive, Penn Sports Interactive, Colonial Downs Group, HR Bristol, Hillside (Virginia), PlayLive Virginia, and Sporttrade Virginia.

Virginia broader casino market also kept growing. The state five operational casinos generated $95.2 million in adjusted gaming revenue in February, according to Virginia Lottery data reported by Gaming Intelligence.

Development also continues outside the current sports betting numbers. Construction on the $750 million Norfolk casino started in February 2025, while the $1.4 billion Live! Casino & Hotel Virginia project in Petersburg broke ground in March 2025. Norfolk opened an Interim Gaming Hall in November 2025, and a temporary Live! Casino Virginia facility opened in Petersburg in January 2026 under Cordish Cos.