Sports Betting Revenue For December 2025 Reaches $79.3m in Virginia

According to figures released by the Virginia Lottery, the state’s online and retail sports wagering market generated $79.3m in adjusted gross revenue for December 2025, an 80.6% increase. However, the total handle fell 3.2% to just over $710.9m.

Online sportsbooks were responsible for nearly all of the monthly growth, producing close to $79.2m in revenue, up 80.3% year on year. Digital platforms also gave a strong performance, accounting for $705.3m of the state’s total handle, despite slipping by 3.3%. 

Retail wagering posts modest rebound

Retail betting contributed only a small share of Virginia’s total revenue but still showed significant improvement. Land-based sportsbooks generated $115,064 in adjusted gross revenue during December, reversing a loss of nearly $13,000 recorded in the previous year period.

Combined online and retail activity resulted in bettors taking home just over $627.5m in winnings for the month, according to the Virginia Lottery. The figures translated to an overall operator hold of 11.7% for this period. 

Tax contributions support state funds

Operators paid a total of $11.9m in taxes during December. The majority, around $11.6m, was directed to Virginia’s General Fund Allocation, while $298,338 was allocated to the Problem Gambling Treatment and Support Fund.

The tax distribution reflects the structure of Virginia’s regulated market, where a portion of wagering revenue is earmarked specifically for responsible gambling initiatives and treatment services.

iGaming bill progresses through legislative process

The revenue update comes as lawmakers debate the future of online gambling expansion in Virginia. On 29 January, the Virginia General Laws Committee voted to advance Senate Bill 118 following amendments introduced by Senator Mamie Locke.

One of the most significant changes requires prospective iGaming operators to implement responsible gambling programmes incorporating player data and technology. The proposal now moves to the Finance and Appropriations Committee for further review.

Locke considered the amendments based on regulatory practices in New York’s framework. If passed, this legislation could potentially extend digital gaming in Virginia beyond sports wagering for the first time.