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Sports Betting Revenue

Virginia Sports Betting Reaches $416 Million in August, Sees 30% Annual Growth

Virginia’s sports betting market continues its upward trajectory, reaching an impressive $416.7 million in handle for August 2024. This marks a 30.6% increase compared to August 2023, driven by a surge in both online and retail sports wagers. The majority of this amount—$414.8 million—came from online betting, while $1.9 million was placed at retail sportsbooks Read More...

Colorado Sports Betting Revenue Soars by 28% in August 2024

Colorado’s sports betting industry saw impressive growth in August 2024, with a 28.3% increase in revenue compared to the same month last year. According to the Colorado Division of Gaming, the state’s sportsbooks generated $33.2 million in revenue, fueled by a total handle of $372.4 million, which represents a 21.7% year-over-year increase. This surge underscores Read More...