{"id":7808,"date":"2024-09-03T06:24:35","date_gmt":"2024-09-03T06:24:35","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/09\/03\/virginia-lottery-reports-strong-july-sports-wagering-figures\/"},"modified":"2024-09-03T06:24:35","modified_gmt":"2024-09-03T06:24:35","slug":"virginia-lottery-reports-strong-july-sports-wagering-figures","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/09\/03\/virginia-lottery-reports-strong-july-sports-wagering-figures\/","title":{"rendered":"Virginia Lottery Reports Strong July Sports Wagering Figures"},"content":{"rendered":"<div>\n<p>The Virginia Lottery has released its July sports wagering statistics, which indicate that the state had a successful betting month. Nearly $377.6 million was wagered by players in Virginia, a significant 29% increase over the same time the previous year. Also, the revenue soared in <a href=\"https:\/\/igaming.org\/casino-news\/virginia-casino-revenue-soars-in-june\/\">June<\/a> this year.<\/p>\n<p>Sports betting businesses in Virginia held an 11.9% hold in July, when wagerers took home almost $332.6 million. The month\u2019s adjusted gross revenue (AGR) exceeded $40.4 million in spite of this. Retail sports betting locations added more than $0.2 million to the overall AGR, but mobile sports betting dominated the market, contributing $40.2 million.<\/p>\n<p>State law mandates that 15% of all sports betting activity is taxed. The Virginia Lottery provided a detailed breakdown of how these funds are allocated. According to the lottery, <em>\u201cOf the state tax on sports betting AGR, the statute specifies 97.5% is to be deposited in the state\u2019s General Fund, and 2.5% is to be deposited into the Problem Gambling Treatment and Support Fund administered by the Virginia Department of Behavioral Health and Developmental Services.\u201d<\/em><\/p>\n<p>In total, the state collected $6.1 million in sports betting taxes during July. Of this amount, nearly $5.9 million was directed to Virginia\u2019s General Fund, with the remaining portion allocated to the Problem Gambling Treatment and Support Fund.<\/p>\n<h2><strong>Petersburg Casino Legislation Moves Forward<\/strong><\/h2>\n<p>In a related development, Petersburg lawmakers recently voted in favor of introducing a new casino to the city, following successful legislation passed in both the House of Delegates and the Senate. This decision marks a significant shift in the state\u2019s approach to expanding casino operations.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow noopener\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>For the past two years, efforts to establish a casino in Petersburg faced resistance, with the Senate committee rejecting proposals during both the 2022 and 2023 legislative sessions. However, the tide has now turned, indicating a new direction for the city\u2019s economic development.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/virginia-lottery-reports-strong-july-sports-wagering-figures\/\">Virginia Lottery Reports Strong July Sports Wagering Figures<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Virginia Lottery has released its July sports wagering statistics, which indicate that the state had a successful betting month. Nearly $377.6 million was wagered by players in Virginia, a significant 29% increase over the same time the previous year. Also, the revenue soared in June this year. Sports betting businesses in Virginia held an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-7808","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The Virginia Lottery has released its July sports wagering statistics, which indicate that the state had a successful betting month. Nearly $377.6 million was wagered by players in Virginia, a significant 29% increase over the same time the previous year. Also, the revenue soared in June this year. 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Sports betting businesses in Virginia held an"},"aioseo_meta_data":{"post_id":"7808","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":null,"created":"2024-09-03 12:22:31","updated":"2025-06-30 11:24:53","seo_analyzer_scan_date":null,"focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/casino-online-best.com\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tVirginia Lottery Reports Strong July Sports Wagering Figures\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/casino-online-best.com"},{"label":"Virginia Lottery Reports Strong July Sports Wagering Figures","link":"https:\/\/casino-online-best.com\/index.php\/2024\/09\/03\/virginia-lottery-reports-strong-july-sports-wagering-figures\/"}],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=7808"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/7808\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=7808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=7808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=7808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}