Virginia became the latest US jurisdiction to surpass the $1 billion threshold in sports betting revenue since its inception, the monthly report released by the Virginia Lottery revealed, while month-on-month wagering on sports continued to decline in May. Higher than Industry Average Operator Margin The report showed licensed sports betting operators in Virginia generated $227 […]
The sports betting market in Virginia posted in April a decline for the first time since its launch in January, in line with a nationwide trend of falling betting volumes due to the slower spring and summer sports schedule. Some Competitions Are Irreplaceable Virginia sports betting dropped in April below $240 million to remind everyone […]
Unibet Interactive, the US sports betting brand of Kindred Group, received this week a mobile sports betting permit in Virginia to expand its presence into 4 states. “We are excited to add Virginia to the growing list of states that Unibet and Kindred Group call home as we continue our expansion in the US market.” […]
The Virginia Lottery released February sports betting figures Thursday revealing sportsbooks in the state accumulated more than $265 million in wagers in the month which featured one of the biggest sports betting events in the US, the Super Bowl. Lower than Average Operator Hold The first full month of legal wagering in the Commonwealth saw […]
Virginia is nearly ready to officially go live with its sports betting market after the Virginia Lottery approved 27 companies that applied for licenses related to sports wagering services ranging from affiliate marketers, data suppliers, and payment providers. Ensuring the Sports Betting Ecosystem Among the companies awarded with a license are sports data suppliers such […]
Virginia could see the state’s first online sports betting licenses being approved within the next several weeks, the Virginia Lottery revealed, outlining online betting could be live in the state by the upcoming Super Bowl. Back and Forth Legal Process Virginia legalized sports betting in April, when Gov. Northam’s amendments to SB384 and HB896 were […]
Hard Rock International has been pre-certified by the Virginia Lottery to develop and operate a casino in Bristol, Virginia. The Board of the Virginia Lottery approved the casino operator during its quarterly meeting, July 15, held through electronic communication means. City Casinos Along the Stateline Hard Rock International was the sole candidate to build a […]
