Virginia Sports Betting Handle Reaches $729.6 Million in September as Tax Collections Top $9.2 Million

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Bettors wagered nearly three-quarters of a billion dollars during the month, while operators generated strong revenue and contributed millions in tax payments to the Commonwealth.

Virginia’s regulated sports wagering market recorded more than $729.5 million in total betting handle during September 2026, according to the latest monthly activity report released by the Virginia Lottery.

The report shows that Virginia bettors wagered $729,581,723 on sporting events between Sept. 1 and Sept. 30 through the Commonwealth’s licensed sports betting operators. During the month, 10 mobile sportsbooks and three casino operators were authorized to accept legal sports wagers in Virginia.

Bettors collectively won $660,981,300, resulting in a combined operator win rate of 9.40% for September.

Under Virginia law, sports wagering operators are subject to a 15% tax on adjusted gross revenue (AGR). AGR is calculated as total wagers minus winnings paid to bettors and other deductions permitted under state regulations.

According to the Virginia Lottery, 10 operators reported positive AGR during September, generating more than $9.2 million in tax payments for the month. Sports wagering tax collections have now surpassed $33 million fiscal year-to-date.

Revenue generated through Virginia’s sports betting tax structure helps fund designated state programs, including support for responsible gambling initiatives and services administered through the Virginia Department of Behavioral Health and Developmental Services.

The September figures continue to demonstrate the significant scale of Virginia’s legal sports betting market, with wagering activity approaching $730 million for the month and tax contributions providing a substantial source of state revenue.

By the Numbers: September 2026
  • Total sports wagers: $729,581,723
  • Total winnings paid to bettors: $660,981,300
  • Operator hold percentage: 9.40%
  • Sports wagering tax rate: 15%
  • September tax collections: More than $9.2 million
  • Fiscal year-to-date tax collections: More than $33 million
  • Authorized operators: 10 mobile sportsbooks and 3 casinos

The monthly report provides regulators, industry stakeholders and policymakers with a snapshot of wagering activity across Virginia’s regulated sports betting market as the industry continues to generate significant consumer engagement and tax revenue throughout the Commonwealth.

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