The sports betting industry in Virginia has posted another negative month for February with over $3 million in the red. Although the Commonwealth saw a loss, handle was at a record high at $265.8 million for the month. Over 7.3% of wagers came from Super … Read more
Virginia sports betting laws have been amended to create 12 mobile sportsbooks that will not be tethered to casinos or other gaming businesses in the Commonwealth. Minority and small-business owners will be able to apply for one of these twelve licenses to open mobile sportsbook … Read more
Virginia now has eight licensed sports wagering operators in the Commonwealth. The Golden Nugget Online and Bally’s have been given temporary licensure to open their mobile sportsbooks but each will likely launch in the summer rather than for March Madness. Virginia Governor Ralph Northam currently … Read more
Sports betting bills HB 1847 and SB 1254 are a few steps away from being signed into action by Governor Ralph Northam. The bills need to be signed by the Senate President and House Speaker prior to reaching the governor’s desk, The bills were initially … Read more
Virginia rakes in almost $58.9 million in wagers in just 11 days of activity. The state also saw over $3.2 million in revenue. More sportsbooks are expected to launch with new bills making it to the governor’s desk. RICHMOND, Va. – Sports betting in Virginia … Read more
Virginia lawmakers have presented a new bill that would expand the total betting licenses that can be issued in the state. The current cap is 14, but Virginia has seen 25 applications from sports betting operators. The new bill will not affect the launch of … Read more
The global protests for Black Lives Matter (BLM) have led sportsbooks to add some bets on the most current of events. Virginia Governor Ralph Northam wants the Robert E. Lee statue removed but the +200 odds are an underdog. As a former Attorney General, Kamala … Read more
Virginia sports betting has officially been made legal now that VA Governor Ralph Northam has signed off on three bills. The Virginia Lottery has until September to draw up rules and regulations, but the bills will be enacted into law July 1. RICHMOND, Va. – … Read more
Governor Ralph Northam requested various amendments to bills centering around legalizing sports betting in Virginia. Special sessions took place on Wednesday to discuss and vote on the amendments requested by the Governor where all were passed. Governor Northam will have until May 28 to either … Read more
Virginia Gov. Ralph Northam sent recent sports betting bills back to the state Legislature with proposed amendments that would increase licensing fees for sportsbooks. The most impactful change would require a $50,000 background check fee for all “principals” of a sports betting operator—this could cost … Read more
SB 384 / HB 896 would have become law without the action of Virginia Governor Ralph Northam. Instead, Northam requested that the lawmakers modify the tax money allocation. RICHMOND, Va.- Sports betting may still be coming to Virginia despite Governor Ralph Northam sending VA SB … Read more
There are three bills to legalize sports betting in Virginia that are awaiting action from Governor Ralph Northam. Northam received the bills on March 20 and has until April 11 for all final decisions to be made. The legal sports betting market in Virginia could … Read more