Sports Betting in Virginia Increased by 30% in September

If you are looking for what bookie software to use, you should start narrowing your options down and pick one. Now is the best time to launch an online sportsbook of your own as sports betting is picking up across the country. Looking at the numbers for sports betting in Virginia, football season already has an effect, with the state seeing 30% more wagers than the previous month.

The Virginia Lottery recently released their monthly sports betting report. Sports betting is at $411.2 million for September, 30% more than the August handle of $284.7 million. As it always has been, the rise in betting handle across many a PPH sportsbook is because of the football season. Both the NFL and NCAA football seasons start in September, and the months after will be full of football games, plus basketball season again. So when numbers start going up in September, it generally continues to increase all the way through winter.

 

Sports Betting in Virginia Increased by 30% in SeptemberSports Betting in Virginia and the September Numbers

The adjusted growth revenue of the state for September is at $48.3 million after deduction. This is a 35% month-on-month increase in revenue, which is good news for those who are using a sportsbook pay per head service. Many may say that the adjusted revenue could actually be higher, but for September, sportsbooks spent more on promotions. It is understandable since the start of popular sports leagues usually mean more promotions to attract more players.

Experts in sports betting in Virginia do believe that the numbers will be even better next month. Historically, professional basketball is the most popular sports league in the state. So as the NBA season starts in October, the volume of wagers will be even higher. Hopefully, the revenue will stay in an upward trajectory as well.

 

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