by Christina Monroe | Apr 3, 2021 8:30 am | Revenue
The sports betting industry in Virginia has posted another negative month for February with over $3 million in the red. Although the Commonwealth saw a loss, handle was at a record high at $265.8 million for the month. Over 7.3% of wagers came from Super Bowl betting...
by Christina Monroe | Mar 29, 2021 4:12 pm | Regulatory
Virginia sports betting laws have been amended to create 12 mobile sportsbooks that will not be tethered to casinos or other gaming businesses in the Commonwealth. Minority and small-business owners will be able to apply for one of these twelve licenses to open mobile...
by Christina Monroe | Mar 16, 2021 4:52 pm | Sports Betting
Virginia now has eight licensed sports wagering operators in the Commonwealth. The Golden Nugget Online and Bally’s have been given temporary licensure to open their mobile sportsbooks but each will likely launch in the summer rather than for March Madness. Virginia...
by Giovanni Shorter | Mar 2, 2021 1:43 pm | Regulatory
Sports betting bills HB 1847 and SB 1254 are a few steps away from being signed into action by Governor Ralph Northam. The bills need to be signed by the Senate President and House Speaker prior to reaching the governor’s desk, The bills were initially identical but...
by Giovanni Shorter | Mar 2, 2021 12:09 pm | Revenue
Virginia rakes in almost $58.9 million in wagers in just 11 days of activity. The state also saw over $3.2 million in revenue. More sportsbooks are expected to launch with new bills making it to the governor’s desk. RICHMOND, Va. – Sports betting in Virginia may have...
