by Christina Monroe | Jan 14, 2020 1:31 pm | Regulatory
Annual revenue estimates show numbers exceeding a $400 million gain from the legal sports betting market in Virginia. From these projections, most of the business would be coming from the mobile and internet wagering platforms. While both bills include retail...
by Christina Monroe | Nov 30, 2019 8:12 am | Regulatory
Sports betting has now become legal in thirteen states with six other states in line to do the same. Virginia estimates a tax revenue of $55 million annually from sports wagers which is very minor in comparison to the overall estimate of $367 million from the combined...