by Jerad Paparella | Oct 14, 2021 4:20 pm | Sports Betting
Golden Nugget Online Sportsbook officially launched in Virginia on Wednesday morning, becoming the ninth online operator in the state. This launch comes after a two-month delay from the mid-August estimate provided by the Virginia Lottery. RICHMOND, Va. –...
by Giovanni Shorter | Oct 5, 2021 10:42 am | Revenue
Virginia sportsbooks saw more than $180 million wagered in August. This figure is up 12.7% month-over-month from July. Baseball was the most wagered on sport in August but NFL futures bets saw plenty of action along with the MLB. RICHMOND, Va. – Sports betting fans in...
by Evan Thornton | Sep 2, 2021 5:34 pm | Revenue
Virginia sports betting handle dropped 32% from June to July. Sportsbook revenue profit saw a 15% decline from June to July. July had a hold percentage of 12.3% for the VA sports gaming market. RICHMOND, Va. – Virginia sportsbooks handled $75 million less in...
by Nicholas Mazone | Jun 17, 2021 2:59 pm | Sports Betting
The final eight teams have reached the College World Series and now enter a double-elimination bracket format. Vanderbilt has +250 odds as the favorite to win the College World Series. Texas (+325) and Tennessee (+350) are the next betting options to win the event....
by Christina Monroe | Jun 16, 2021 5:26 pm | Sports Betting
Alexis Ohanian, the co-founder of Reddit, has invested $4 million in a new sportsbook platform called Wagr. Wagr will allow sports betting to be done among friends through its application. The sportsbook already has licensing applications pending in Tennessee and...