Given the popularity of sports betting in the US, it is no wonder that states continue to improve their regulations, expand markets by adding more sportsbooks, and more. Virginia is one such state that is open to growing their already successful betting market.
And with how popular online sports betting is, a lot of people have been looking for the best bookie software for sportsbooks to use to join the industry. Virginia is even issuing 16 online sports betting licenses to operators, which many expect to provide a boost in revenue for the state.
Those who are interested to also become an online bookie and run your own sportsbook, these sportsbook pay per head reviews can be very helpful. Here, you can reviews from industry experts, suggesting which software providers to try, depending on your specifications and budget.
Virginia Adds More Sportsbooks
Virginia is one of the most promising states for sports betting. In August, despite being one of the leaner months in the industry, sportsbooks in the state record a $319 million sports betting handle. This was even higher than July’2 $293.6 million. The handle in August also represents a year-on-year increase in betting by around 12% from August 2022.
And just how popular is online betting in the state? Out of the total handle, $315.6 million come from online sportsbooks, and only $3.3 million come from retail betting. Operators in the state generated a combined $27.9 million in adjusted revenue. All the more reason to get started with a good bookie pay per head service and create your own sportsbook and join the fray.
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