The Virginia authorized sports betting market has generated a handle of $16.7 billion prior to now 3 years. In Feb. 2023, Vermont took a significant step in the course of the legalization of on-line sports betting when Rep. Matthew Birong introduced a brand new sports activities betting invoice. The invoice obtained the nod from a Senate committee towards the top of April, and subsequently, the complete Senate gave its approval in early Could. Tennessee sportsbooks have taken $10.7 billion in wagers since sports betting was legalized. This has generated greater than $1 billion in revenue for the sportsbooks and $187 million in taxes for the state.
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