Virginia sports bettors wagered more than $581.3 million in May, down 2.3% year-on-year.
According to the Virginia Lottery's latest report, the total sports betting handle in May was $581,335,802, with the majority of wagers placed through mobile sportsbooks. This figure marked a 2.3% decrease compared to the previous year and a decline from April's total of $613.9 million.
Throughout the month, $574,584,903 was wagered online, while $6,750,899 was bet at retail sportsbooks in Virginia.
The Inter-Tribal Council of the Five Civilized Tribes (ITC) has adopted a resolution calling on Congress and federal regulators to protect tribal sovereignty from prediction markets such as Kalshi and Polymarket.
The New York Lottery unveiled yet another scratch-off winner, this time from Cheektowaga.
The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
England vs. Argentina kicks off in the World Cup Semifinals at 3 p.m. ET on FOX from Mercedes-Benz Stadium in Atlanta, Georgia.
