The handle increased 0.7 per cent year-over-year.
US.- The Virginia Lottery has released its report on sports wagering activity for April. The handle totalled $613.9m, an increase of 0.7 per cent year-over-year but an 8.8 per cent decrease from March.
According to the report, adjusted gross revenue (AGR) was $64.6m. Virginia bettors won $544.2m. Of the twelve mobile operators and three casinos, ten reported net positive AGR, leading to $9.8m in tax payments.
State law places a 15 per cent tax on sports betting based on each permit holder’s AGR: 97.5 per cent is for the state’s General Fund and 2.5 per cent for the Problem Gambling Treatment and Support Fund administered by the Virginia Department of Behavioral Health and Developmental Services.