by Giovanni Shorter | Jan 15, 2021 12:29 pm | Regulatory
Virginia lawmakers have presented a new bill that would expand the total betting licenses that can be issued in the state. The current cap is 14, but Virginia has seen 25 applications from sports betting operators. The new bill will not affect the launch of legal...
by Giovanni Shorter | Dec 22, 2020 10:46 am | Sports Betting
The Virginia Lottery may push to have mobile sports betting launched in Virginia in time for the Super Bowl. A maximum of 12 sportsbooks will be allowed to operate Virginia. It is predicted that $400 million will be wagered on sports in 2021. RICHMOND, Va. – Sports...
by Christina Monroe | Nov 17, 2020 2:58 pm | Sports Betting
DraftKings and Flutter (FanDuel) both did surprisingly well as can be seen with the release of their Q3 reports. Illinois, Indiana, and Washington DC all saw growth in their monthly sports betting revenue numbers, showing the NFL making a big impact on gambling...
by Christina Monroe | Nov 13, 2020 11:19 am | Regulatory
The Virginia Lottery received 25 applications from various sportsbook operators to open up businesses in the Commonwealth but can only give out 12 licenses by law. The legal sports betting market in Virginia is expected to launch in 2021. Sports wagering in the Old...
by Christina Monroe | Oct 15, 2020 11:29 am | Sports Betting
Virginians are expected to see online and mobile sports betting platforms in January of 2021. The Virginia Lottery Board will be accepting applications from now until Halloween for all of those involved in the sports wagering industry interested in applying. RICHMOND,...
