The Virginia Lottery released its October sports wagering report and bets were up by 24% from October of 2021. Bets topped $528 million and winners took home nearly $477 million. State law places a 15% tax on sports betting activity based on each permit holder’s adjusted gross revenue. 97.5% ofd those revenues go imnto the General Fund and 2.5% is allocated to the Problem Gambling Treatment and Support Fund administered by the Virginia Department of Behavioral Health.