Virginia VA
Virginia launched sports betting in January 2021 with a 15% tax rate. Operators can deduct promotional credits from taxable revenue.
A regional snapshot of sports-betting law and market structure across the Southeast; Virginia, North Carolina, Tennessee, Florida, Kentucky, and others.
The Southeast is the most regionally fragmented US sports-betting cluster: monopoly markets (FL), aggressive multi-operator markets (VA, NC, TN), and entirely-illegal holdouts (GA, SC, AL) all coexist. State-line proximity creates real bettor-arbitrage between markets.
Virginia launched sports betting in January 2021 with a 15% tax rate. Operators can deduct promotional credits from taxable revenue.
North Carolina launched online sports betting in March 2024. After Underdog Sports closed in December 2025, NC has 7 active licensed operators. ESPN BET rebranded to theScore Bet in December 2025. The…
Florida has a unique monopoly model. Hard Rock Bet is the only legal sportsbook, operated by the Seminole Tribe under a compact running through 2051.
Kentucky launched sports betting in September 2023. The Kentucky Horse Racing Commission regulates the industry with 9.75% online / 14.25% retail tax. Prime Sports became the ninth online operator in …
West Virginia was an early mover, launching retail betting in August 2018 and online in December 2018, and it is one of the few states with legal online casino gaming alongside sports betting. The mar…
Mississippi has legal retail sports betting at casinos since 2018, but mobile betting is only permitted when physically on-site. A statewide mobile bill, HB 4074, passed the House 100-11 in the 2026 s…
Arkansas has a unique 51% revenue-share rule that kept major operators out until 2026. DraftKings and FanDuel launched in March 2026, but took over the Southland and Oaklawn casino apps (replacing Bet…
Louisiana has a parish-by-parish approval system. 55 of 64 parishes allow sports betting. The online tax was raised to 21.5% in 2025.
9 states currently fall in this category: Virginia, North Carolina, Florida, Kentucky, Tennessee, West Virginia, Mississippi, Arkansas, Louisiana. The list updates whenever a state's market structure changes (operator count, tax rate, or legal status).
The Southeast is the most regionally fragmented US sports-betting cluster: monopoly markets (FL), aggressive multi-operator markets (VA, NC, TN), and entirely-illegal holdouts (GA, SC, AL) all coexist. State-line proximity creates real bettor-arbitrage between markets.
States are grouped by US Census Bureau geographic region.
Each state has a dedicated guide page (/states/[slug]/) with the full operator list, tax history, regulator information, and timeline. For aggregate fiscal data across all 38 legal jurisdictions, see our /research/sports-betting-tax-revenue/ analysis.