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Legal
January 5, 2023
Bill Considers New Problem Gambling Committee in Virginia
A bipartisan bill in Virginia is aiming to create a new committee on gambling addiction and address the rising cases of people seeking assistance to cope with their gambling problems. Gambling Expansion Comes at a High Cost The bill proposed by Sen. Bryce Reeves, R-Spotsylvania, and Del. Paul Krizek, D-Fairfax, calls for the establishment of […]
Sports
January 4, 2023
Virginia Reports 29% Yearly Increase in Sports Betting Handle for November
The total amount Virginia residents wagered in the month of November was just 1.7% lower than the record number posted for October. The total handle in November was $518.8 million, while in October the Virginia Lottery reported $528 million. The Total Handle Increased by 29% Year-On-Year Even though the total sports betting handle in November […]
Casino
December 30, 2022
Rush Street Expanded Konami’s SYNKROS to Latest Rivers Casino
Rush Street Gaming expanded the scope of Konami Gaming’s SYNKROS casino management system to cover the company’s new world-class casino destination, Rivers Casino Portsmouth, in Portsmouth, Virginia. Fifth Rivers Casino with SYNKROS Rush Street Gaming selected the SYNKROS casino management system for its new land-based casino that is set to become the first permanent casino […]
Sports
December 20, 2022
Loudoun United FC Inks Deal with Betfred USA Sports
Anticipating the launch of its mobile sportsbook services in Virginia, Betfred announced a new multi-year partnership with Loudoun United FC (LUFC). Revealed Tuesday, the new deal designated Betfred as the soccer team’s official sports betting partner. Loudoun United FC Teams up with Betfred The new collaboration will see Betfred benefit from brand exposure. The brand’s […]
Casino
December 14, 2022
Petersburg City Council Votes Yes on Cordish Companies Casino Project
Petersburg City Council has decided to grant The Cordish Companies the contract to build a $1.4-billion casino resort which will be developed over the next year and help boost the city’s economy in the next 15 years. The casino has been part of fierce debates among locals, but the Council ended up voting unanimously to […]
Legal
December 6, 2022
Pace-O-Matic Welcomed VA Skill Games Injunction Extension
Developer of skill games Pace-O-Matic (POM) welcomed in a written statement Virginia’s court decision to extend the injunction allowing skill games to continue operating in the state. Skill Games Operations to Continue Greensville County Justice Louis R. Lerner extended the operation of skill games in Virginia, at least until the spring of 2023 when the […]
Industry
October 19, 2022
Report Shows Insufficiencies in Gambling Oversight in Virginia
A report by Virginia’s Joint Legislative Audit and Review Commission (JLARC) has shown that there are considerable insufficiencies in the state’s gambling regulation and a more centralized approach could significantly improve the oversight of the gambling industry in Virginia. Split Gambling Regulation Does Not Give Adequate Results The JLARC has conducted an extensive study on […]
Casino
October 18, 2022
Two New Virginian Casinos Are Better Than One Study Finds
Virginia is debating whether to add new casinos, but fear of cannibalizing revenue has permeated legislators’ midst. These qualms may now be put to rest following the results of a study that were revealed on Monday. According to the survey, Petersburg and Richmond could support a casino separately or together, but ideally, there would be […]
Casino
August 10, 2022
Caesars and EBCI to Build a $650M Casino in Virginia
Nasdaq-listed, leading company boasting the most prestigious gaming brands on the planet Caesars Entertainment has announced a joint venture partnership deal with the Eastern Band of Cherokee Indians (EBCI). According to the terms of the agreement, the two parties will work together to build and open Caesars Virginia, a $650 million casino in Danville, Virginia. […]
Sports
July 4, 2022
Virginia Sports Betting Passes the $5B Handle Mark
Virginia has joined eight other states in exceeding $5 billion in combined sports betting wagering since the launch of sports betting in the state 17 months ago. The state has claimed the ninth spot in terms of total wagering on approved sports events after states New Jersey, Nevada, Pennsylvania, Illinois, Indiana, New York, Colorado, and […]