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Industry
June 24, 2024
Virginia Program Succeeds in Addressing Problem Gambling
Addressing problem gambling is one of the cornerstones of the contemporary regulated gambling industry. While safer gambling is still in its infancy in many markets, most jurisdictions have been struggling to really curb the problem gambling rates. Virginia, however, has recorded significant success in treating addiction. The state, for context, has been easing up its […]
Industry
June 11, 2024
FanDuel Dominates Virginia Mobile Sports Betting Market
April saw FanDuel solidify its position as the dominant force in Virginia’s mobile sports betting landscape. The leading sportsbook reached another milestone by surpassing $700 million in all-time revenue. Data obtained through a Freedom of Information Act request to the Virginia Lottery revealed that FanDuel continues to lead the market with impressive performance metrics. FanDuel’s […]
Lottery
May 28, 2024
VA Woman Wins $50K Powerball Prize Thanks to Fortune Cookie
Everybody loves fortune cookies but few take the fortunes they get too seriously. A woman from Virginia, however, did just that and turned a small piece of paper into a $50,000 payday. Tierra Barley, a local, cracked open a tasty fortune cookie treat only to find several lucky numbers printed on the piece of paper […]
Industry
May 20, 2024
Virginia Governor Vetoes Skill Games Bill
In a move that has stirred significant debate, Virginia Governor Glenn Youngkin vetoed 48 measures on Friday, including a high-profile bill to legalize skill games and establish a regulatory framework for such electronic devices in the state. However, the Governor hinted at his willingness to collaborate with lawmakers and help introduce a more comprehensive solution. […]
Lottery
May 13, 2024
South Boston Man Wins $500K Jackpot from Virginia Lottery Scratcher Game
The Virginia Lottery currently offers a wide range of scratcher games. With dozens of games, prizes vary between $20 and the staggering $500,000. Last week one South Boston man collected the latter prize, after buying a Magnificent 7s scratcher ticket. The lucky man won the game’s $500,000 top prize after purchasing a ticket from the […]
Casino
May 7, 2024
Costs for Caesars’ Danville Casino Increase Exponentially
The leading gaming, hospitality and entertainment company, Ceasars Entertainment, started the work on its permanent casino in Danville, Virginia, a few years ago, in 2022. Ahead of the opening of the resort, planned for this December, the cost of the project has significantly increased. While initially, Ceasars anticipated an investment of approximately $400 million, the […]
Legal
April 18, 2024
Virginia Senate Rejects Youngkin’s Skill Games Amendments
The Virginia Senate rejected Governor Glenn Youngkin’s amendments to a proposal to legalize and tax skill games. However, Youngkin can still opt to veto the legislation and keep skill games banned. Skill games have been a point of contention for years. While similar to slot machines, such games allow players to choose the winning paylines […]
Industry
April 16, 2024
Gov. Youngkin’s Amendments Do Not Sit Well with Skill Gaming Supporters
Supporters of skill gaming in Virginia believe that Governor Glenn Youngkin’s latest amendments to the General Assembly’s recent legislation will hurt small businesses. For context, the governor rewrote a significant portion of the measure. Under the amended law, skill games would be prohibited within 35 miles of commercial casinos or sports betting facilities. Additionally, Youngkin […]
Casino
April 16, 2024
Bruce Smith and The Cordish Companies Unveil New $1.4bn Project
The Cordish Companies together with Bruce Smith Enterprise unveiled details regarding Live! Gaming & Entertainment District, a new project with a $1.4 billion price tag located in the City of Petersburg, Virginia. Teaming up, the two companies confirmed their intention to codevelop the luxury gaming, hospitality and entertainment resort that will be positioned near Interstate […]
Casino
April 16, 2024
Virginia’s Bristol Casino Achieves Historic Revenue Milestone
The Bristol Casino in Virginia, US, set to become the Hard Rock Casino, has marked a historic milestone by surpassing its previous revenue records in March, with an astonishing $16.3 million in adjusted gross income. This figure, released in a report by the Virginia Lottery, represents a remarkable 9% increase over its previous best month […]