Virginia handle bounces back 56% after slow summer for sports betting

The US state of Virginia has released its sports betting results for August, showing that the market bounced back after a few difficult months. There was a 56% rise in handle through the month compared to 2021 – totalling $284.7m. This figure was helped by the five extra operators available to customers in the state – climbing from eight to 13 during 2021/22. Meanwhile, gross gaming revenue stood at $31.4m, up from $24.4m month...