June Revenue Insights
$477.85M
Bettors in Virginia staked nearly half a billion dollars in June.
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$57.11M
Sportsbooks kept $57.11M in gross revenue for the month.
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11.95%
A strong hold rate gave operators one of their best months of 2025.
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$8.67M
The state collected $8.67M in taxes from June’s betting activity.
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RICHMOND, VA
Virginia’s sports betting market saw $477.85 million in wagers in June 2025, a step down from May’s total of $595.04 million but still 15% higher than June 2024. Sportsbooks produced $57.11 million in gross gaming revenue (GGR) on an 11.95% hold rate, the highest of the year so far. The state collected $8.67 million in taxes from June’s activity.
Virginia 2025 Monthly Performance
Month | Handle ($) | GGR ($) | Hold % | Tax ($) |
---|---|---|---|---|
January | 736,667,692.00 | 80,916,171.80 | 10.98 | 12,137,425.77 |
February | 556,836,877.00 | 61,911,473.00 | 11.12 | 9,303,967.63 |
March | 689,665,044.00 | 45,085,192.00 | 6.54 | 6,754,928.21 |
April | 236,432,523.00 | 11,380,137.00 | 4.81 | 1,652,146.82 |
May | 595,041,428.00 | 67,912,656.00 | 11.41 | 10,159,914.09 |
June | 477,848,533.00 | 57,106,754.00 | 11.95 | 8,674,412.47 |
Year-to-date, Virginia has handled more than $3.29 billion in wagers, producing $324.23 million in GGR and nearly $48.7 million in taxes.