Virginia Lottery releases August sports wagering activity report. Total handle increased 4% year over year.
RaspaPro Summary
The Virginia Lottery released its August 2026 sports wagering report. Virginians wagered over $532 million, with operators retaining 9.63%. Over $7 million in taxes was generated for the month.
Key points
- •August 2026 sports wagering handle totaled $532,277,072.
- •Operators had a 9.63% win percentage for August.
- •$481,001,362 was won by Virginia bettors.
- •Over $7 million in tax payments was collected for August.
- •The General Fund received $6,841,644.73 from August taxes.
Why it matters
This report provides transparency into Virginia's sports wagering market, showing the total money wagered and won by players. It also details how tax revenue is distributed, benefiting both state funds and problem gambling support.
Official release
The Virginia Lottery today released its report on sports wagering activity submitted by licensed operators for the month of August 2026.
Between August 1 and August 31, 2026, Virginians wagered $532,277,072 (“handle”). A complete list of all approved operators can be found here, under the “approvals” tab. For August, eleven mobile operators and three casinos were authorized to accept wagers in Virginia.
Virginia bettors won a total of $481,001,362 for a combined 9.63% operators win percentage (“hold”).
State law places a 15% tax on sports betting activity based on each permit holder’s adjusted gross revenue (AGR), which is defined as total wagers minus total winnings and other authorized deductions.
|
|
Mobile Operators |
Casino Retail Activity |
Total Aug-26 |
|
Gross sports gaming revenues |
$528,908,124 |
$3,368,947 |
$532,277,072 |
|
Gross winnings |
($478,376,665) |
($2,624,697) |
($481,001,362) |
|
Allowable Bonuses and Promotions |
$0 |
$0 |
$0 |
|
Other deductions |
($4,095,103) |
($21,948) |
($4,117,051) |
|
AGR (Adjusted Gross Revenue) |
$46,436,356 |
$722,302 |
$47,158,658 |
Of the state tax on sports betting AGR, the statute specifies 97.5 percent is to be deposited in the state’s General Fund and 2.5 percent is to be deposited into the Problem Gambling Treatment and Support Fund administered by the Virginia Department of Behavioral Health and Developmental Services.
Ten operators reported net positive AGR for August, leading to over $7 million in tax payments for the month and $23.7 million collected fiscal year-to-date:
|
|
Monthly Taxes |
FY 2027 YTD |
|
Total Tax |
$7,017,071.52 |
$23,718,097.60 |
|
General Fund Allocation |
$6,841,644.73 |
$23,125,145.16 |
|
Problem Gambling Treatment and Support Fund Allocation |
$175,426.79 |
$592,952.44 |
About Virginia Lottery
The Virginia Lottery is responsible for the regulation of sports wagering in the Commonwealth of Virginia. Monthly financial reports and other important information about legal sports wagering is posted at www.valottery.com/casinosandsportsbetting.
Based on official state lottery press releases. RaspaPro is not affiliated with any lottery. Entertainment only · 18+ · Play responsibly.