Virginia, one of a few states that have collected sports betting state taxes below their tax rates so far, is the first to undertake steps to amend the situation by introducing a bill that will eliminate promotional deductions and loss-carryover for operators. No Promotional Deductions after First Year House Bill 1103 introduced by Delegate Mark […]
Voters in Richmond, VA, stunned the city last November when they rejected a casino measure. The city had been working with Urban One to develop a gaming property but needed local voters’ approval. The approval never came, but the city isn’t giving up on its dreams. Reva Trammell of the Richmond City Council is expected […]
Legalized in April 2020, Virginia launched its legal sports betting market in January 2021. Since the launch, sports betting monthly wagers have been continuously growing. Sportsbooks in Virginia Surpass $400M in Wagers for Second Month in a Row Judging by data released by the Virginia Lottery last week, November 2021 was another month when wagers […]
Attempts by Virginia’s lawmakers to provide clarity to legal gambling in the state have only muddied the waters. Instead of having the courts find in favor of the state in a number of legal challenges, some forms of gambling have become deregulated because of the ongoing battles. More challenges are likely in 2022. Virginia’s Growing […]
Swedish-based sports betting and online gambling affiliate company, Leadstar Media, announced Tuesday that it received a license in Virginia. The company received an affiliate license to operate in the Old Dominion and consequently launched four websites that are focused on sports betting. Leadstar Media Is Now Licensed in Virginia Legalized in April 2020, Virginia launched […]
Earlier this week, PointsBet announced that it launched its services for clients in Virginia. PointsBet Launches Its Services for Customers in Virginia Premier global online gaming operator PointsBet announced on Wednesday that it launched its services in Virginia. The operator launched its market-leading mobile app as well as its digital sports betting product for sports […]
Hermie Sadler, a former NASCAR driver, hasn’t won the legal checkered flag, but he could be close. He has been granted a temporary injunction by a Virginia court to stop the state from enforcing its skill-game ban. Sadler Takes on Virginia and Wins Sadler filed suit to contest the ban, which took effect in June. […]
Skill game producer Pace-O-Matic has reported an increase in the number of outlawed skill games offered in Virginia since the ban on skill game machines was imposed on July 1. Prior to being outlawed in the state, skill or “gray” games were a regular sight in many bars, restaurants, and convenience stores. However, they were operating in […]
888 Holdings continues to expand its market presence in the US. After announcing a strategic partnership with Authentic Brands Group back in June 2021, an announcement on launching SI Sportsbook in Virginia was made as 888 received a provisional license for sports betting in the state. SI Sportsbook Will Expand its Services in 2022 The […]
The Mayor of Portsmouth, Virginia, confirmed the ceremonial event for Rivers Casino Portsmouth, which will be held on Tuesday, December 7. Further information as to what the ceremony might entail was not provided by the mayor, but it is known that the casino will be built on 57 acres of land. Rush Street Gaming Invested […]
