Tag Archives: Virginia

Virginia bettors took advantage of their first opportunity to legally bet on regular season football by pouring in nearly $300m in wagers into Virginia’s sportsbooks in September, falling just short of the state record. In doing so, sportsbooks took in more gross gaming revenue than ever before, as the commonwealth neared the record for quickest state in US history…

Virginia’s sportsbooks bounced back with more than $180m in wagering in August, a modest surge after July’s low. The gains in August were made in part because Virginians were offered their first opportunity to bet on early season football, offering a limited sample of what will likely be record-breaking months ahead for the commonwealth’s fledgling…

Virginia’s sports betting volume slumped in July to the lowest level since sportsbooks first launched, echoing a trend that has affected every major market in the US But the seasonal decline in wagering will be short-lived as causal bettors return home from summer vacations and turn their attention to football. “July brings a relatively light…

Colorado and Virginia have become the latest US states for White Hat Gaming to provide players with its proprietary PAM including its Travelling Wallet solution. The Travelling Wallet enables players to move from state-to-state and between gaming verticals, retaining their balance in each without the need to transfer funds. Launched in Q1 2020, the solution…

Virginia’s sports betting volume grew for the first time in three months, while gross gaming revenue remained strong thanks in part to betting on sports such as golf and tennis. The June jump helped push total gross gaming revenue past $100m since the market launched, another impressive milestone for the Commonwealth. “Sportsbooks are capitalizing on…

Casino gaming in Virginia moved forward one more step today with approval by the Virginia Lottery Board of proposed permanent casino gaming regulations. The regulations build upon initial emergency casino regulations previously approved by the Board on February 3. The proposed permanent regulations now go to the Governor for approval, after which there will be…

Virginia is now the quickest state to reach $1bn in sports bets, reaching the milestone even as wagers fell month-over-month for the second consecutive month. With $1.1bn in wagers in a little more than four full months after launching, the record is the latest sign of how successful the launch of sports betting has been…

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Virginia sports betting declined month-over-month for the first time since launching in January, continuing a nationwide trend of falling betting volume. The drop in wagering to less than $240m in April was expected due to a slower spring and summer sports schedule. “April is a reminder of the seasonality of sports betting, and Virginia is…