Richmond, Virginia

Virginia Lottery Flooded With Sportsbook Applications Against Limited Licenses

As many as 18 applicants have applied for the Virginia sports betting license against five available in the state, according to a lottery official. The applications are currently being reviewed and the new licenses won’t be approved before July 1. In late March, Gov. Ralph Northam signed legislation to fix …

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Richmond, Virginia

Virginia Sports Betting Posts $236.4M in Apil Handle

The nationwide declining trend in sports betting also visited the newly launched Virginia industry which reported a total handle of $236.4 million in April. According to the figures released Friday by Virginia Lottery, last month’s handle represented a 22% decline from March’s $304.1 million, the record number for the new …

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Richmond, Virginia

Virginia Sports Betting Tops $300M Handle In March

In its second-full month, Virginia sports betting topped $300 million in March handle after its online-only sports betting launched on January 21. The March Madness swelled the number, making up more than 25% of the total handle in March. According to the figures released Friday from the Virginia Lottery, the …

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Richmond, VA

Virginia Sports Betting Posts $265.8M in First Full Month in February

The first full month of Virginia sports betting has brought in more than $265 million of handle in February, according to the Virginia Lottery. Sportsbooks took in $265.8 million worth of bets for the shortest month of the year, of which 7% of the month’s handle came from Super Bowl …

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Richmond, Virginia

Virginia Sports Betting: First 11 Days Bring $59M in Handle

The future of Virginia sports betting looks bright future following the preliminary report of its online sports betting market that was released by the Virginia Lottery on Monday. The report revealed that in the first 11 days of operation since the industry’s launch on January 21, the state amassed $58.9 …

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Virginia Governor's House

Virginia Bills for More Sportsbook Licenses Sent to Governor

Virginia lawmakers have sent two bills to the governor’s desk that would allow for more operator licenses, besides the inclusion of Olympics. If approved by Gov. Ralph Northam, the expansion to the newly launched Virginia sports betting market would go into effect on July 1. HB 1847 from Del. Marks …

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William Hill mobile app

William Hill Mobile Sportsbook Launches in Virginia

The William Hill app went live Wednesday in Virginia, becoming the fifth operator to launch in the newly established sports betting market. Other four sportsbooks operating in Virginia that went live January 21 are FanDuel, DraftKings, BetMGM, and BetRivers. Virginia is launching a gradual induction of sportsbooks in the state …

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Virginia mascot

BetMGM & BetRivers Launch Mobile Sports Betting in Virginia

Last Wednesday two more mobile sportsbook operators – BetMGM and BetRivers – launched their mobile sports betting apps in the newly regulated Virginia sports betting industry. On Sunday, the Virginia Lottery gave the go-ahead to the third-largest online sports betting operator, BetMGM, to launch after the state officially launched its …

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Virginia

DraftKings Becomes Second Sportbook to Launch in Virginia

Following a surprise launch last week, Virginia sports bettors were extended another option with DraftKings mobile sports betting on Sunday. The Boston-based DraftKings became the second live operator in the state after its rival company FanDuel launched in collaboration with the NFL’s Washington Football Team last Thursday. The timing for …

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Virginia basketball player

New Virginia Bill Seeks More Licensed Sportsbook Operators

A bill recently filed in the Virginia General Assembly seeks to increase the number of sports betting licenses available in the state, which is set to launch next month. However, HB 1847 will not delay the state lottery’s plans of digital sports betting ahead of the Super Bowl. But according …

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