Press Releases
PlayVirginia.com: Sports betting falls to less than $240 million in April, the first month of expected seasonal decline
Virginia sports betting declined month-over-month for the first time since launching in January, continuing a nationwide trend of falling betting volume. The drop in wagering to less than $240 million in April was expected, a product of a slower spring and summer sports schedule, according to PlayVirginia, which tracks the state’s gaming industry.
“April is a reminder of the seasonality of sports betting, and Virginia is not immune,” said Jessica Welman, analyst for the PlayUSA.com Network, which includes PlayVirginia.com. “In the U.S., there really isn’t any way to replace the popularity of the NFL or the NCAA Tournament with bettors. The seasonal slowdown should last until football season, which will almost certainly return the market to significant growth.”
Virginia sportsbooks attracted $236.4 million in bets in April, according to data released Friday by The Virginia Lottery. That is down 22.2% from $304.1 million in March and the lowest monthly handle of any of Virginia’s first full three months of sports betting. With no major sports holiday to spur interest, sportsbooks took in $7.9 million per day over the 30 days in April, down from $9.8 million in March.
Sportsbooks still won $19.4 million on April’s bets, down from $26.6 million in March. April’s win led to $11.4 million in adjusted gross revenue, down from $13.8 million but still a higher share of gross revenue than in March. That yielded $1.7 million in state taxes, including $41,304 for problem gambling support.
Every state with legal sports betting has reported a month-over-month decline in April wagering. Of the largest sports betting markets in the U.S. that have already reported April data, Indiana (-25.4%), Iowa (-26.7%), and Michigan (-30.5%) all experienced a more dramatic month-over-month decline than Virginia. New Jersey (-13%), Tennessee (-13.6%), Pennsylvania (-14.4%), and Colorado (-18.8%) were better.
“The lighter sports schedule came at a time when the initial enthusiasm from the launch of sports betting naturally began to wane in Virginia, which steepened the monthly decline,” said Dustin Gouker, analyst for PlayVirginia.com and the PlayUSA.com Network. “Still revenue held relatively strong, producing the most tax revenue to date for the commonwealth. That is a good sign heading into summer.”
Now with $865.2 million in wagering since launching in late January, Virginia is still on the precipice of becoming the quickest state to reach the $1 billion milestone. That distinction is currently held by Tennessee, which reached the mark six months after launch. Assuming Virginia can top $135 million in bets in May, it will have hit $1 billion in the market’s fifth month of existence.
Even more, Virginia could see a modest boost in the coming months from the NBA playoffs lasting deeper into summer than normal and the Olympics. And more operators are still expected to launch before the beginning of football season, including the expected addition of Penn National’s highly popular Barstool-branded app.
“Virginia’s market remains in an excellent position,” Welman said. “In fact, Virginia stands should be able to avoid the worst of the typical summer swoon, which will really set the market up for a huge fall.”
For more information and analysis on regulated sports betting in Virginia, visit PlayVirginia.com/revenue.
Internet Vikings, a licensed in-state hosting provider for iGaming and online sports betting, announces the extension of its relationship with GAN Sports®, a supplier of industry-leading casino content, into Arkansas.
Following a successful multi-state collaboration initiated in 2022, Internet Vikings continues to support GAN by delivering hosting services tailored to their operational needs. Internet Vikings is continuing to grow across the United States, as Arkansas becomes the latest state to benefit from their hosting services.
GAN, a B2B supplier of internet gambling software-as-a-service solutions, initially entered into an agreement with Internet Vikings in a landmark deal covering 15 states. Since then, the relationship has grown stronger, with GAN relying on Internet Vikings’ bare metal server solutions to support their large-scale U.S. operations.
This expansion into Arkansas follows a recent deployment in Nevada, where Internet Vikings also provides hosting solutions to GAN. As GAN continues to operate across regulated U.S. markets, Internet Vikings remains a dependable resource, and has demonstrated its reliability to support long-term growth.
Rickard Vikström, CEO and Founder of Internet Vikings, shared his thoughts, “Our relationship with GAN reflects the trust we’ve built over the years. It’s not just about providing hosting solutions; it’s about understanding their vision and exceeding their expectations.”
The Sends team attended the biggest and most famous gaming conference, ICE, now held in Barcelona, Spain. From the 20th to the 23rd of January, the leading gaming companies and solution providers gather for business meetings, experience sharing and networking. More than 170 countries visited, achieving the number of 55,000 visitors.
“Our team attends the ICE conference annually. Previously held in London, the financial capital and home to our head office, 2025 is the first time it’s hosted in Barcelona—and it remains as expansive and resourceful as ever. We’re thrilled to participate, connect with our partners, explore innovative solutions, and engage with market leaders. At Sends, we are committed to staying ahead in this dynamic industry, never missing an opportunity to gain fresh insights and experiences,” commented Alona Shevtsova, Director at Sends.
As the organisers of ICE 2025 said, after a rigorous, independent selection process, ICE and iGB Affiliate moved to Fira Barcelona Gran Via because Barcelona presents a compelling list of benefits, including improved logistics and operational efficiency. The location is close to Barcelona airport and is well connected to the public transport network, offering a world-class in-show and around-show experience.
It is worth mentioning that this February, Send will co-host its event in London for fintech companies. This is the third gathering in London to network and connect industry professionals. To get more information about the London Fintech Meetup, follow the link.
To get more details, keep in touch with Sends on social media: LinkedIn and Instagram.
Latest News
SCCG Partners with Osage Nation Gaming Enterprise to Enhance Interactive Gaming Operations with Managed Services
SCCG Management, a leading global advisory firm in the gaming and sports betting industry, is proud to announce its engagement by the Osage Nation Gaming Enterprise (ONGE) to assist in developing innovative, robust, player-centric solutions for sportsbook operations, on-line/mobile social casino, and Class II mobile on-premise gaming, designed to enhance the patron experience with diverse content, and drive operational efficiency.
The ONGE, operators of seven gaming and hospitality facilities in Oklahoma, is known for providing an intimate, guest-focused gaming, service, and entertainment experience. This collaboration marks a significant step in integrating advanced technology and operational expertise to deliver innovative solutions for the evolving interactive gaming landscape.
SCCG Managed Services (SCCGMS) specializes in turnkey solutions for tribal operators to develop, optimize, and manage sports betting and interactive gaming offerings. For the ONGE, , SCCGMS will assist in sourcing and implementing customized products and services tailored to their operations, enabling patrons to enjoy casino-style games on their mobile devices while within designated areas of the casino properties. This service ensures compliance with regulatory standards while delivering a seamless and convenient gaming experience.
“Our mission is to ensure operators like the Osage Nation Gaming Enterprise can fully harness the potential of their gaming operations,” said Stephen Crystal, Founder and CEO of SCCG Management. “This partnership is about bringing cutting-edge technology and operational expertise to elevate interactive gaming experiences. We are honored to collaborate with the ONGE, a leader in tribal gaming, to pave the way for enhanced content, responsible gaming, and innovation.”
“On behalf of Osage Casinos, we are very pleased to announce our engagement of SCCG to assist us with developing these new products and services for our guests,” offered Kimberly Pearson, CEO of Osage Gaming.
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