Tax revenue from online sports betting on the rise

Virginia News

RICHMOND, Va. (WRIC) — Virginia sportsbooks generated more tax revenue in April than any other month since they opened in January.

The revenue came even without marquee events like March Madness and the Super Bowl.

Analysts say it’s because sportsbooks are paying out less bonuses to attract new customers.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

StormTracker 8

Trending Stories

More Trending Stories

Local Events