Virginia Posts Additional Regulations For Sports Betting

Virginia Lottery - Sports Betting

Additional regulations for sports betting in Virginia are available for public view. The additional regulations pertain to insurance requirements and more for sportsbooks. Virginia sports betting is setting up to launch on January 2021. RICHMOND, Va. – The Virginia Lottery has posted additional regulations for … Read more

Legal Sports Betting In VA, Where Are They In The Process?

Kevin Hall

Kevin Hall, the executive director of the Virginia Lottery, the regulatory body for sports betting in the Commonwealth spoke to LegalSportsBetting regarding the current status of its progression. Mobile and internet sports betting platforms in Virginia should see a public launch in early 2021. A … Read more

Addressing The COVID-19 Budget Crisis With Sports Betting

Sports Betting - Covid

COVID-19 has created an estimated $615 billion hole in state budgets through public health expenses and lost tax revenues. Many states have turned to sports betting odds as one potential avenue to mitigate the economic losses caused by COVID-19. Since the near start of the … Read more

What The Broncos New Sports Betting Partnership Means For The NFL

FanDuel - Denver Broncos

The Denver Broncos and FanDuel have signed the NFL’s first sports betting partnership. Colorado is quickly becoming a hotbed of online sports betting in the United States, so this move could help FanDuel establish a foothold as the state’s premier provider. Other NFL teams have … Read more

Sportsbooks Post BLM Protest Props Propelled By Current Events

Robert E. Lee Protests

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

IGT Signs Three New Lottery Deal, Could See Its Stock Rise

IGT Stock

International Game Technology PLC (IGT) has announced extensions and expansions of its lottery deals with Missouri, Virginia and Tennessee. IGT will also be rolling out an improved online sportsbook for Rhode Island. These developments could signal that IGT is primed for a surge in stock … Read more

The Next States On The Verge Of Sports Betting Legalization

States to legalize sports betting In 2020

Various states across the nation could still see sports betting legalized in 2020 for a 2021 launch. The Coronavirus pandemic may help lawmakers warm up to the idea because of the revenue it could bring to economies trying to come back from huge financial losses. … Read more

PASPA And The Rise Of US Sports Betting – Two Years Later

PASPA 2nd Anniversary

The Supreme Court voted to overturn the Professional and Amateur Sports Protection Act (PASPA) two years ago. Since that decision, the popularity of sports betting has exploded in the United States, both in terms of participation and representation in pop culture. 23 states now have … Read more

Gov. Northam Approves VA Sports Betting Bills After Amendments

Virginia Welcomes Sports Betting

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