Virginia Sportsbooks Post Record Win From $400 Million In November Wagering

Published by
The Street

By PR Newswire LAS VEGAS, Dec. 30, 2021 /PRNewswire/ — Virginia sportsbooks posted their most lucrative month yet as revenue in November surged to nearly $50 million on more than $400 million in wagers, producing a record month of tax revenue for the state. Virginia has now posted three consecutive months of record revenue, adding to a historic surge of sports betting this fall across the U.S., according to PlayVirginia, which tracks Virginia’s sports betting market. “When football and basketball seasons converge, as they did in November, the inventory of games creates a ripe opportunity for …

Read More