Virginia Sportsbooks Attracted $236.4 Million In April Bets

Virginia sportsbooks attracted $236.4 million in bets in April, according to data released Friday by The Virginia Lottery. That is down 22.2% from $304.1 million in March and the lowest monthly handle of any of Virginia’s first full three months of sports betting. With no major sports holiday to spur interest, sportsbooks took in $7.9 million per day over the 30 days in April, down from $9.8 million in March.

Sportsbooks still won $19.4 million on April’s bets, down from $26.6 million in March. April’s win led to $11.4 million in adjusted gross revenue, down from $13.8 million but still a higher share of gross revenue than in March. That yielded $1.7 million in state taxes, including $41,304 for problem gambling support.