Virginia Sports Betting: Find the Best Virginia Sportsbook
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Last Updated: 22 April, 2025
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Get matched with the best Virginia sportsbook for you
With over 12 legal sportsbooks live in Virginia, it’s easy to feel overwhelmed by the options.
Our tool makes it simple. Choose Virginia as your state, answer a few quick questions, and we’ll match you with the best licensed sportsbooks based on how you like to bet.
We only recommend safe, trusted, and fully regulated sportsbooks that are legal in Virginia.
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Top Virginia sports betting sites & promos
🏈 Virginia sports betting legal status
❓ Is sports betting legal in Virginia? Yes, both online and mobile sports betting are fully legal in Virginia. Retail sportsbooks are permitted, but as of now, no physical locations have launched.
List of Virginia sportsbooks in June 2025
Below is a list of all Virginia sportsbooks currently active in June 2025.
Best Virginia sportsbooks reviewed
When it comes to legal sports betting in Virginia, bettors have plenty of options to choose from.
We’ve reviewed and tested the top Virginia sportsbooks using the most important rating factors: customer service, deposit and withdrawal speed, mobile usability, variety of markets, bonus quality, and live betting tools.
Our top picks for Virginia in June 2025 are:
FanDuel Sportsbook Virginia – Best for same game parlays and overall app experience
DraftKings Sportsbook Virginia – Best for fantasy users and mobile interface
Caesars Sportsbook Virginia – Best for welcome bonuses and odds boosts
BetMGM Sportsbook Virginia – Best for parlay builders and smooth banking
bet365 Sportsbook Virginia – Best for in-play betting and intuitive design
BetRivers Sportsbook Virginia – Best for beginners and NHL streaming
ESPN BET Virginia – Best for variety and ongoing promos
Fanatics Sportsbook Virginia – Best for unique bets and NFL live streaming
We break down each sportsbook below so you can find the one that fits your betting style. All reviews are based on real testing and verified user experiences.
1. DraftKings Sportsbook Virginia - Best for beginners
DraftKings overview
DraftKings sportsbook video review
Summary
DraftKings Sportsbook is one of the best options for Virginia sports bettors, with a slick mobile app and a wide range of different betting markets to appeal to sports fans in Virginia.
New Virginia users can claim the Bet $5, Get $150 in Bonus Bets welcome offer. Once they place a qualifying wager, these new customers will get six $25 bonus bets. These bonus bets are eligible for up to 7 days, so these new players will have plenty of time to check out the platform.
The sportsbook offers markets on every major sport from the NFL, NBA, NHL, and MLB, to NCAA football and NCAA basketball, as well as having plenty of options for tennis, soccer, and golf markets.
Live betting features prominently, offering current odds as the action unfolds and limited live streaming to enhance “in-the-game” wagering.
DraftKings also features competitive odds, robust prop markets, and Flash Bets, which allow you to place a fast wager on an individual game event.
Casual bettors like DraftKings’ promotions and interface, but the sportsbook is known to limit consistently profitable accounts, so high-limit bettors beware.
Read our expert DraftKings review.
I turned to DraftKings for their NFL betting and was impressed by the instant payouts—much faster than any other platform I’ve used. The integration with my bank account was seamless, making the process hassle-free.\n\nDraftKings excels with its fast withdrawals and extensive betting markets. Their odds boosts and loyalty rewards are some of the best in the industry, offering real value for regular users.\n\nWhile they could improve the speed of applying promotions, DraftKings’ overall reliability and strong customer service make it a top choice for serious bettors.Bradley Gibbs
DraftKings pros and cons
Pros
- ✅Offers detailed player and team props across major sports for enhanced betting strategies.
- ✅Supports Flash Bets, allowing rapid wagers during live events for dynamic gameplay.
- ✅Integration with DraftKings DFS accounts enables seamless transitions between fantasy and sportsbook.
Cons
- ❌Bonus bets must be used within seven days, limiting flexibility for casual bettors.
- ❌No dedicated customer service phone line, relying on live chat and email support.
2. Caesars Sportsbook Virginia - Best for sports selection
Caesars Sportsbook overview
Caesars Sportsbook video review
Summary
Caesars Sportsbook provides an all-around sports betting experience in Virginia. Caesars is historically one of the biggest brands in all of gambling.
New users get a welcome gift of their own: Deposit $10 and make a $1 wager to automatically receive 10 profit boosts, each of which doubles potential winnings, good for a combined bonus value of up to $25,000.
A standout feature is the live streaming of NFL events. Bettors are able to stream both regular season and playoff NFL games right from the app, a rare feature among sportsbooks.
Another big draw is the Caesars Rewards program, which lets you earn redeemable points for gift cards, electronics, and VIP perks at 50-plus Caesars Entertainment properties in the U.S.
With wide-ranging banking options available, from Venmo and PayPal to Play+, deposits and withdrawals begin at just $10, with the vast majority of transactions processed within 24 hours.
Bettors have to choose from 25+ betting markets, with live betting and same-game parlays to wager on.
Caesars’ odds and market availability sometimes lag behind those of top competitors, but its first-class customer service, unique features, and highly-rated mobile app (4.6/5 iOS, 4.2/5 Android) make it a top option for Virginia sports bettors.
Read our expert Caesars Sportsbook review.
As someone who has tested numerous betting platforms, I was intrigued by Caesars Sportsbook’s sign-up bonus—matching my deposit immediately was a strong start. However, I quickly noticed that losing parlays lingered in the active bets section far too long, which cluttered the interface and made managing my bets less efficient.\n\nCaesars stands out in the competitive sportsbook market with its top-tier promotions and odds boosts, which are consistently among the most attractive I've encountered. These perks provide real value and make the platform worth considering, especially for serious bettors.\n\nWhile Caesars excels in promotions, the app’s interface and functionality lag behind some of its competitors. Issues like the delayed removal of settled bets and occasional technical glitches can hinder the betting experience.Josh Miller
Caesars Sportsbook pros and cons
Pros
- ✅NFL live streaming is available in-app, providing exclusive access to regular season and playoff games.
- ✅Microbetting options allow users to wager on individual plays, passes, or possessions for dynamic engagement.
- ✅The user-friendly bet slip enables customization of spreads and totals directly within the slip.
- ✅Caesars Rewards integrates with over 50 destinations, offering personalized redemption options like hotel stays and gift cards.
Cons
- ❌Caesars' odds are often less competitive, especially for futures and golf markets.
- ❌Betting markets are frequently removed quickly, limiting opportunities for sharp bettors.
- ❌Odds are displayed in a disorganized layout, making navigation challenging for some users.
3. BetMGM Sportsbook Virginia - Best for mobile betting
BetMGM overview
BetMGM sportsbook video review
Summary
BetMGM Sportsbook is an elite option for Virginia sports bettors.
With over 130 betting options available per NFL game—among them, point spreads, moneylines, and totals—and more than 30 alternate half-point spreads to choose from, bettors are certain to appreciate the variety of offerings.
New users can claim a welcome bonus worth up to $1,500 in bonus bets if their first wager loses, while existing bettors can take advantage of ongoing promotions such as parlay boosts, bet insurance, and exclusive Vegas discounts.
Boasting a roster of 75-plus betting markets for every MLB game and a robust overall focus on live or in-game betting, BetMGM is great for real-time wagering. This includes a steady offer of in-game player props and competitive baseball odds.
A highly rated mobile app (4.8/5 iOS, 4.3/5 Android) makes it easy to place bets on the move, with live feeds, game alerts, and easy navigation.
BetMGM has an excellent array of gaming options, including access to its online casino and poker platforms, interesting golf, UFC, and entertainment events lines.
While sharp bettors occasionally find accounts limited, casual bettors will find that BetMGM Rewards Points allow for the accumulation of loyalty points to be earned and redeemed in multiple states.
Supported by MGM Resorts International, BetMGM offers the combo of trusted industry experience and a premium sports betting experience, which makes it a top option for Virginia bettors.
Read our expert BetMGM review.
I signed up for BetMGM, attracted by their generous deposit bonus which matched my $500 deposit with another $500. I was initially cautious after reading some negative reviews, but my experience turned out to be smooth.\n\nBetMGM’s daily odds boosts add significant value, making them a strong contender despite their standard sports odds. Their casino games are particularly robust, offering a great variety for those who like to mix up their betting.\n\nThe app is user-friendly and reliable, with quick deposit and withdrawal processes. However, the absence of horse racing is a minor drawback.Bradley Gibbs
BetMGM pros and cons
Pros
- ✅Offers betting markets for unique events, including entertainment and cross-sport parlays.
- ✅BetMGM Rewards Points can be redeemed across multiple jurisdictions, supporting frequent travelers.
- ✅Comprehensive racebook covers over 200 tracks worldwide, making it ideal for horse racing enthusiasts.
- ✅Wide range of sports covered, including niche options like badminton, snooker, and water polo.
Cons
- ❌Website layout can feel cluttered and cramped due to redundant navigation menus and persistent sidebars.
- ❌Customer support lacks phone assistance and has state-specific email addresses, complicating communication.
- ❌Some users report slower performance compared to rivals like DraftKings and FanDuel.
4. bet365 Sportsbook Virginia - Best for market selection
bet365 overview
bet365 sportsbook video review
Summary
bet365 Sportsbook Virginia provides one of the best betting experiences for users. It offers over 30 sports markets to bet on, including major sports such as the NFL, NBA, and MLB, as well as cricket and virtual sports.
New account users in Virginia can get a $150 bonus from a $5 wager or first-bet insurance worth up to $1,000. All bonus bets are applied to accounts within 1 hour of meeting the qualifying criteria.
Live betting and streaming are particularly noteworthy, with real-time updates, as well as high-definition streaming for major events like the Super Bowl and World Series.
Featuring competitive betting odds across MLB, UFC, horse racing, and numerous additional sports, bet365 guarantees Virginia bettors excellent value for money, while there’s strong flexibility in bet limits with the minimum stake priced from just $0.10.
Secure payment options are provided, such as via PayPal, Visa, and Skrill. No fees are required for a withdrawal. The minimum deposit is $10. Transactions are fast and fee-free.
For Virginia bettors looking for first-class live betting, quality promotions, and top-notch odds, bet365 is a great sportsbook option.
Read our expert bet365 review.
bet365 quickly stood out to me, particularly during an NFL game where their early payout feature allowed me to secure my winnings before the final whistle. The speed at which the funds were deposited into my account was unparalleled—minutes after the game ended, I had full access to my money.\n\nbet365 may not boast the most visually appealing interface, but its extensive market options and the flexibility in crafting Same Game Parlays (SGPs) are what truly set it apart. Unlike other platforms that impose limitations, bet365 gives bettors the freedom to build customized bets that align perfectly with their strategies.\n\nThough the user interface could benefit from some refinement, bet365 excels where it matters most—payment speed, market depth, and promotional value. Instant withdrawals, particularly to e-wallets like Skrill, provide a seamless experience, and their no-strings-attached free bets are a rarity in the industry.Josh Miller
bet365 pros and cons
Pros
- ✅Offers odds boosts for major events like the Super Bowl and FIFA World Cup.
- ✅Refer-a-Friend program rewards users with $50 bonus bets per referral.
- ✅Wide range of payment options, including PayNearMe and Paysafe Card for deposits.
- ✅Live chat support connects users with a representative in under 5 minutes.
Cons
- ❌No loyalty program or long-term rewards system available for sportsbook users.
- ❌Maximum win limits vary significantly between sports and lack transparency.
5. FanDuel Sportsbook Virginia - Best for promos and bonuses
FanDuel overview
FanDuel sportsbook video review
Summary
FanDuel Sportsbook Virginia boasts a wide range of competitive odds and markets.
Players can wager on 20+ sports and are granted access to hundreds of daily markets across some of the most popular domestic leagues, like the NFL, NBA, MLB, and more.
New Virginia users can earn $150 in bonus bets by placing a $5 wager, with bonus funds credited to their accounts 72 hours after a winning bet has been determined.
The FanDuel app boasts 4.8 out of 5 stars on iOS and a 4.7 experience on Android devices. It's easy to navigate, offers up-to-the-second updates, and features prebuilt same-game parlays in addition to options to customize and build your own.
FanDuel leads the way in live betting with quick-changing odds and has exclusive live streaming rights with Major League Baseball for their “Free Game of the Day,” which is also available on FanDuel+ in-app.
Virginia bettors also benefit from advanced responsible gaming tools, such as “My Spend” tracking.
Read our expert FanDuel review.
I was immediately impressed by FanDuel’s odds, especially when I placed a 6-leg NFL parlay. The difference in potential payout compared to other platforms was staggering—FanDuel offered nearly five times the return, which confirmed its value for maximizing profits.\n\nFanDuel’s higher payouts on parlays and the flexibility in adjusting spreads make it an essential tool for serious bettors. Their early cash-out feature is particularly useful for managing risk, allowing more strategic control over wagers.\n\nDespite its strengths in odds and market variety, FanDuel could enhance its offering by improving customer loyalty promotions and streamlining the app’s interface. However, the platform’s fast withdrawals and consistent market fairness position it as a top contender in the betting industry.Josh Miller
FanDuel pros and cons
Pros
- ✅Verified withdrawals process within 12-24 hours via PayPal and other secure methods.
- ✅Customer support is available 24/7 with live chat for quick issue resolution.
- ✅Same-game parlays offer both prebuilt options and customizable tools for greater flexibility.
- ✅Its daily fantasy sports platform enhances crossover appeal for DFS users.
Cons
- ❌DFS and sportsbook accounts require separate wallets, reducing convenience.
- ❌FanDuel lacks a loyalty program that so many other sportsbooks offer to their customers.
6. Fanatics Sportsbook Virginia - Best for rewards program
Fanatics overview
Summary
Fanatics Sportsbook Virginia has wasted little time making a dent in the state. It boasts NFL live streaming and a mobile app with an app store rating of 4.7/5 on iOS and 4.5/5 on Android.
New users can get up to $1,000 in "No Sweat Bets," distributed over 10 days, for a minimum bet of $1.
Bettors can earn FanCash rewards up to 10% on every wager, which can be used to redeem Fanatics merchandise and other benefits.
The platform’s live betting system leverages Amelco software to provide constantly updating odds in real-time to facilitate seamless in-game wagering.
A highlight is Fanatics’ withdrawal tracker, which provides transparency on payout processing in as little as 24 hours.
With solid live streaming, evolving betting markets, and unique rewards to top it all off, Fanatics Sportsbook Virginia should excite casual and hardcore bettors alike.
Read our expert Fanatics sportsbook review.
I was intrigued by their generous refer-a-friend bonus—$50 each, plus 500 free spins just for signing up. I decided to dive in during an NFL weekend and found the variety of props and live betting options impressive. I did encounter a minor glitch while setting up a parlay, but it didn’t affect my overall experience.\n\nFanatics Sportsbook has quickly become one of my favorites, especially because of their tailored daily bonuses. The $10 daily bonus to play on any game is a standout feature, far surpassing what other platforms offer. The quick and hassle-free withdrawals further cemented my confidence in this site.\n\nWhile the platform offers a great range of sports and props, there are occasional interface glitches when creating parlays. However, their customer support is responsive and resolves issues swiftly.Josh Miller
Fanatics pros and cons
Pros
- ✅Users can redeem FanCash rewards for merchandise and other items.
- ✅Unique withdrawal tracker provides real-time updates on payout status.
- ✅Offers early cash-out options for maximizing profits or minimizing losses.
- ✅Comprehensive 24/7 customer support includes live chat, email, and phone options.
Cons
- ❌The sportsbook is relatively new and unproven compared to established competitors.
- ❌Live streaming availability is limited to select sports and events.
7. BetRivers Sportsbook Virginia - Best for live betting
BetRivers overview
BetRivers sportsbook video review
Summary
BetRivers is a trusted name in betting and offers a great sportsbook with live betting, same-game parlays, and a second-chance bet welcome offer of up to $100 for new users.
Virginia bettors have access to 300+ NHL betting options and a variety of NFL and NBA futures, including playoff odds, division winners, and awards for best players.
The BetRivers mobile app (iOS and Android) has streaming availability for select events and a smooth interface (though some users may say it's a bit cluttered).
BetRivers offers all the major sports you’re looking for, fueled by Kambi’s odds. There are also exotic markets, including first-period moneylines in hockey and first-inning results in MLB.
Promos come in the form of parlay insurance or profit boosts, though some offers have restrictive terms. The aforementioned bonus bets come with a -200 minimum odds requirement.
With live chat 24/7, secure deposit transactions, and Virginia-specific regulation, BetRivers is a well-rounded option for casual bettors looking for a good variety of betting markets and dependable customer service.
Read our expert BetRivers sportsbook review.
As an experienced bettor, I decided to give BetRivers a try, lured by their competitive sign-up bonus. I placed a wager on an NBA game, and what really stood out was how quickly I could withdraw my winnings—by the next morning, the funds were already in my account, which isn’t something you see with every platform.\n\nBetRivers may not have the flashiest interface, but their customer service and fast payouts are top-tier. For seasoned bettors, these factors are far more important than a polished design, making BetRivers a reliable choice in the betting landscape.\n\nDespite its strengths, BetRivers does have room for improvement, particularly with its user interface, which feels outdated and cumbersome, especially with the need for separate apps by state. However, the platform’s efficiency in withdrawals, strong promotions, and responsive customer support outweigh these drawbacks.Bradley Gibbs
BetRivers pros and cons
Pros
- ✅BetRivers offers over 300 betting opportunities per NHL game, including period-specific and multi-goalscorer markets.
- ✅Features robust futures markets for NFL and NBA, including in-season bets like playoff qualifications and win totals.
- ✅Same-game parlays and player prop options are extensive across all major sports, catering to experienced bettors.
- ✅Live betting integrates real-time updates, ensuring accurate odds and markets for ongoing games.
- ✅Sportsbook promotions include parlay insurance and profit boost offers tailored for frequent sports bettors.
Cons
- ❌Odds pricing is uncompetitive, leading to lower payouts compared to top-tier sportsbooks.
- ❌Withdrawals via bank transfer can take up to seven days, slower than industry norms.
8. ESPN Bet Sportsbook Virginia - Best for cashback rewards
ESPN Bet overview
ESPN Bet sportsbook video review
Summary
ESPN Bet takes ESPN’s in-depth sports expertise and combines it with a sleek, easy-to-use sports betting experience that has the potential to become a formidable new player in the Virginia sportsbook landscape.
New users get 2 welcome offers: Up to $1,000 First Bet Reset (Where losing bets are refunded as bonus bets in 20% increments) and a 200% deposit match up to $500 for deposits of $10 or more.
ESPN Bet comes equipped with 19 sports for bettors to choose from, including offerings like the NFL, NBA, MLB, and college football, with hundreds of betting markets per game that meet the needs of both casual and seasoned bettors.
The mobile app, rated 4.8/5 from iOS and 4.3/5 on Android, had a smooth experience, with cashing out early as an option and strong live betting features as standouts.
While live streaming hasn't quite started, ESPN’s long-established dominance in the sports media market would suggest it could launch down the line.
Offering 24/7 customer support through live chat and email, ESPN Bet is set to be a compelling choice for Virginia sports bettors.
Read our expert ESPN Bet sportsbook review.
ESPN Bet pros and cons
Pros
- ✅The platform provides niche sports betting options, including CFL, NCAA hockey, and cycling, catering to diverse interests.
- ✅With 24/7 live chat, a callback option, and a dedicated Twitter support account, customer service is highly responsive.
- ✅Cashback rewards allow users to unlock 10% on sportsbook bets and 1% on casino bets, adding value to wagers.
Cons
- ❌ESPN BET lacks live streaming capabilities despite its strong sports media connections.
- ❌Cashback rewards must be unlocked and used within 30 days, limiting long-term value.
- ❌The platform offers fewer advanced features compared to competitors like FanDuel and DraftKings.
How we rate & rank Virginia sports betting sites
Our goal is to provide you with objective, unbiased reviews of Virginia sports betting sites, making it easy to understand their strengths and weaknesses.
We use a consistent set of nine criteria to evaluate each platform, ensuring that you can compare them effectively and easily:
Safety: We verify if the sportsbook holds a Virginia state license and review its operating history, ensuring your money is secure. We also highlight any specific safety features.
Mobile betting app: We evaluate the app's layout, functionality, user experience, unique features, and ease of placing bets.
Web betting site: We test the website's features, identify pros and cons, and assess customization options and the bet placement process.
Deposits & withdrawals: We review the range of payment methods, ease of transactions, associated fees, and processing times for deposits and withdrawals.
Markets: We examine the variety of sports available for betting and compare the quality and breadth of markets across US sportsbooks.
Pre-match betting: We assess the user-friendliness and versatility of pre-match betting features.
In-play betting: We evaluate the live betting experience, including the quality of live markets and usability.
Welcome incentive: We detail current sign-up bonuses and compare them to those offered by other sports betting sites in the US.
Customer service: We test the quality of customer service, including live chat response times and support effectiveness.
We download and use every betting site ourselves, using our own money to test the quality, to make sure the site is good enough for our readers to use.
Scoring & overall rating
Each criterion is scored on a points system, which is then converted into a star rating.
We average these scores to provide an overall rating for each legal sportsbook, making it easier for you to decide which one best meets your needs.
With our thorough and clear reviews, you can trust that you are getting an honest assessment, free from personal bias.
You can view our dedicated page for more information on how we test and review sportsbooks.
Additionally, you can view all of our sportsbook reviews here and our list of the best online sportsbooks.
What is the best Virginia sports betting app for iPhone?
What is the best Virginia sports betting app for Android?
🏢 Land-based Virginia sportsbooks
Virginia sports betting is fully legal online, but unlike some other states, Virginia does not currently offer traditional land-based sportsbooks inside casinos.
Instead, betting is available through mobile and online-only platforms, all licensed and regulated by the Virginia Lottery.
However, Virginia does permit sports betting kiosks at select retail locations such as:
✅ Note: While Virginia law allows for up to 5 retail sportsbooks tied to casino developments, only mobile sports betting is active as of June 2025. The retail side is still developing.
🏈 Virginia sports betting guide
Is sports betting legal in Virginia?
Yes, sports betting is legal in Virginia, having been officially legalized in April 2020, with the first online-only sports betting platforms going live in January 2021.
The Virginia Lottery is the regulatory body responsible for overseeing sports betting activities, ensuring compliance, fairness, and the integrity of the market.
In Virginia, bettors must be at least 21 years old, and while betting on professional and out-of-state college sports is permitted, state law prohibits betting on in-state college teams and player-specific prop bets for college sports.
Virginia's legislation mandates that sportsbooks pay $250,000 for a three-year license and are subject to a 15% tax on revenues, though promotional expenses can be deducted, effectively lowering the tax rate.
The regulatory framework also includes provisions for up to 18 licenses, with 13 for online-only operations and others reserved for retail casinos and professional sports teams based in Virginia.
🏁 How to start betting in Virginia
Whether you’re completely new or just betting in Virginia for the first time, getting started is quick and secure.
Here’s how to sign up, claim your bonus, and place your first wager with a legal sportsbook.
✅ 1. Choose a licensed Virginia sportsbook
Start by selecting a sportsbook that’s fully licensed by the Virginia Lottery.
This ensures fair play, fast payouts, and access to legal support if anything goes wrong.
Top choices include:
FanDuel
DraftKings
Caesars
BetMGM
bet365
ESPN BET
Fanatics Sportsbook
What to look for:
Highly rated mobile app (4.5 stars or higher)
Simple banking options and fast withdrawals
Welcome bonus that fits your betting style
📝 2. Create your account
You can register directly through the app or website. You’ll need to provide:
Name, address, and date of birth
Last 4 digits of your SSN (for ID verification)
Location access (you must be in Virginia to bet)
Registration takes about 2–3 minutes on average.
💳 3. Fund your account
Virginia sportsbooks accept safe, secure payment options like:
Online banking, PayPal, or Venmo
Visa, Mastercard, or prepaid Play+ cards
Minimum deposits typically start at $10, but some books allow as low as $5.
🎁 4. Claim your welcome offer
Each sportsbook provides a unique bonus for new players. These usually include:
Bonus bets after your first wager
Deposit matches
Bet insurance (refund if your first bet loses)
✅ You can sign up and claim a bonus at more than one sportsbook.
🏈 5. Place your first bet
Browse available markets like the NFL, NBA, MLB, college sports, or in-game live betting. Choose your bet type:
Moneyline – Pick the winner
Point Spread – Bet on the score difference
Over/Under – Bet on total combined points
Parlay – Combine multiple bets into one
Enter your stake, confirm the details, and submit your wager.
💰 6. Withdraw your winnings
When it’s time to cash out, choose from:
PayPal or online banking (1–3 days)
Prepaid card, eCheck, or mailed check (3–5 days)
Make sure your identity is verified to avoid delays.
📅 Virginia Sports Betting Revenue (2024–2025)
How is Virginia sports betting changing in 2025
Recent stats
Virginia’s sports betting market continues to surge, ranking 9th nationally with a total handle of $6.9 billion in 2024—a 23.9% increase from the previous year.
In February 2025, Virginia sportsbooks posted an 11.12% hold rate, their second-highest ever, and a notable jump from the national average of around 8%. This translated to $61.9 million in adjusted gross revenue for the month, up 39.3% year-over-year despite February having one less day due to the leap year.
Mobile betting is overwhelmingly dominant: 99.3% of all wagers in February 2025 were placed online, with only 0.7% coming from retail locations.
State tax revenue from sports betting hit $9.3 million in February 2025, a 46.7% increase from the previous year, and the industry has contributed over $200 million to Virginia’s coffers since legalization.
January 2025 saw a record $81 million in adjusted gross revenue, nearly doubling December’s total, even though the handle (amount wagered) was nearly flat month-over-month.
Sources: Yahoo! News, Virginia Lottery, Virginia Lottery Sports Betting Report
Sporting Post insights
Virginia’s sports betting market is demonstrating a unique resilience and adaptability in 2025:
The state’s high hold rates—consistently above the national average—suggest that operators are optimizing pricing and promotions effectively, possibly due to a highly competitive online environment and sophisticated bettor behavior.
The near-total dominance of online betting (99.3% of wagers) is more pronounced than in many other states, highlighting Virginia’s digital-first approach and the relative underperformance of retail sportsbooks. This could be attributed to the state’s early focus on mobile betting and the convenience offered to its tech-savvy population.
Despite seasonal dips after football season, Virginia’s year-over-year growth in both handle and revenue, especially during “off-peak” months, signals a maturing market with a broadening base of regular bettors, not just seasonal participants.
Legislative discussions in 2025 are focused on clarifying daily fantasy sports compliance and potentially expanding betting to include in-state college teams, which could unlock new growth avenues and further differentiate Virginia’s market.
Sporting Post predictions
Based on current trends and legislative momentum, several changes are likely in the near future:
Sustained Growth with Seasonal Peaks: Expect Virginia’s handle and revenue to continue their upward trajectory, with pronounced spikes during NFL and college football seasons, but also more stable activity year-round as the market matures.
Potential Market Expansion: If lawmakers move to allow betting on in-state college teams or clarify rules around daily fantasy sports, the market could see a significant boost in both engagement and revenue.
Increased Competition and Innovation: As more operators enter and compete in the digital space, expect further innovation in promotions, live betting, and user experience, driving up both hold rates and overall tax revenue.
Retail Betting’s Role: While retail sportsbooks currently account for a tiny fraction of the market, the potential approval of new casino resorts (such as the Tysons proposal) could gradually increase their share, though online will remain dominant.
Responsible Gambling Initiatives: With growing revenue, allocations to problem gambling treatment funds are also increasing, and expect further regulatory focus on player protection as the market expands.
Virginia’s sports betting market in 2025 is defined by robust digital growth, high operator profitability, and an evolving legislative environment.
With new records set in both revenue and hold rates, and potential regulatory changes on the horizon, Virginia is positioned to remain a top-10 market nationally, with innovation and responsible growth at its core.
How to gamble responsibly in Virginia
Before we end this article, we need to caution you to always bet responsibly.
To ensure you’re being cautious, betting sites implement various responsible gambling practices that will help you keep your betting habits in check.
Limits: Sportsbooks allow you to set betting limits, i.e. limit how much you can bet in a day, a week, or a month.
Cashouts: You can withdraw your winnings quite easily from any betting site. This prevents you from spending all of your winnings. There’s also the option for early cashout, so you can still get paid if the bet is starting to go sideways.
Help & resources: Betting sites provide access to resources for problem gamblers and point them to organizations that can help with gambling addiction.
To help, we created a 'how to bet on sports' guide, that helps new sports bettors understand the industry better, to play safer and more securely.
Responsible gambling organizations and charities in the US
Frequently asked questions
Editorial policy
Our editorial policy ensures thoroughly researched, accurate, and unbiased content through strict sourcing standards and diligent review by top betting experts and seasoned editors.
This process maintains the integrity, relevance, and value of our content for our readers.
References
https://wsb.wharton.upenn.edu/wp-content/uploads/2023/05/Beggy_2023__Betting_Kelly.pdf
https://sc.edu/uofsc/posts/2024/01/stephen-shapiro-sports-gambling.php
Contributors
Bradley Gibbs
Author
With over 12 years of experience, Bradley Gibbs is a seasoned sports betting writer and analyst specializing in uncovering value bets across football, horse racing, tennis, and golf. His extensive coverage of these sports has been featured on numerous websites and in The Racing & Football Outlook, a renowned UK betting publication. Bradley's expertise lies in identifying betting edges and delivering insightful, data-driven content for informed wagering.
Josh Miller
Editor
Josh Miller, Sporting Post’s Sports & Casino Editor, brings over five years of experience in feature writing, blogging, and SEO. With a strong background in football coverage and sports betting, his work has been featured in VAVEL. Josh also writes extensively about online casinos, providing expert insights into games, bonuses, and gambling trends. His engaging and informative content makes him a reliable resource for Sporting Post readers.