Virginia Sports Betting Operators Enjoy Double-Digit Hold in April

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Virginia Sports Betting Operators Enjoy Double-Digit Hold in April
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Old Dominion produces $60.6 million in revenue despite 11% month-over-month drop in handle.

While April’s handle couldn’t match March’s third-highest amount wagered ever in Virginia, the action was up 32.3% compared to April 2023. Without a full month of college basketball and the residuals of March Madness, Old Dominion saw an 11% drop in the amount wagered in April. reported that the Commonwealth’s online and retail sports betting operators produced a 10.8% hold, up from March’s 7.5%, to generate $60.6 million in gross revenue in April. Virginia operators hauled in a handle of $563.

1 million of adjusted gross revenue in April, $5 million less than March’s total. Rivers Casino Portsmouth’s $26.4 million led all the way while Caesars Virginia finished second at $19.7 million. HR Bristol added $13.9 million in revenue. If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.

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