Virginia Lottery says more than $180M was wagered on sports in August

Virginia News

FILE – In this Sept. 5, 2019, file photo, a gambler making a sports bet at Bally’s casino in Atlantic City, N.J. The NFL draft starting on Thursday, April 23, 2020, is expected to be the most heavily wagered-on draft ever, mainly because virtually all major sporting events have been postponed due to the coronavirus outbreak. (AP Photo/Wayne Parry, File)

RICHMOND, Va. (WFXR) – The Virginia Lottery released its report on sports wagering activity submitted by licensed operators during the month of August – the seventh full month of reporting since legal sports betting was launched in Virginia back in January.

During the month of August, Virginians wagered $182,418,252 which represents a 13 percent increase from July’s wagers.

Virginia bettors won a total of $171,319,464 for a combined 9.85 percent operators win percentage.

Virginia’s sports betting catalog of approved leagues and events continues to expand, says the Virginia Lottery, and through the end of August, bettors have wagered a combined total of $1.48 billion on everything from baseball to preseason NFL football.

The eight licenced operators included in August’s reporting were Betfair Interactive US LLC (FanDuel) in partnership with the Washington Football Team, Crown Virginia Gaming LLC (Draft Kings), BetMGM LLC, Rivers Portsmouth Gaming LLC (Rivers Casino Portsmouth), Caesars Virginia LLC, WSI US, LLC (Wynn), Unibet Interactive, Inc., and Penn Sports Interactive LLC.

For a complete list of all approved operators, click here.

Below are various totals reported by the Virginia Lottery:

Gross Sports Gaming Revenues

  • Aug. 2021: $182,418,252
  • Since Inception: $1,671,400,854

Gross Winnings

  • Aug. 2021: $164,450,825
  • Since Inception: $1,526,446,975

Bonuses and Promotions

  • Aug. 2021: $6,868,639
  • Since Inception: $56,787,250

Other Deductions

  • Aug. 2021: $2,410,724
  • Since Inception: $17,459,661

AGR (Adjusted Gross Revenue)

  • Aug. 2021: $8,688,064
  • Since Inception: $70,696,968

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