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Gambling News - 'Virginia'
Industry
February 2, 2022
Virginia Sportsbooks Surpass $3B in Betting Handle in 2021
It was back in January 2021 when Virginia launched sports betting. Not unexpectedly, the interest in the activity kept increasing. Judging by recent figures released by the regulator, legal sportsbooks in Virginia hit $3.2 billion in sports betting handle during 2021. Sportsbooks in Virginia Surpass $400M in Betting Handle in December The Virginia Lottery released […]

Industry
January 28, 2022
State Bill to Block Richmond Re-Vote on Casino Referendum Approved
A bill that would allow the Virginia city of Petersburg to hold a referendum on a casino and prevent Richmond from conducting one for five more years was unanimously supported by a Virginia Senate Subcommittee. Five Democrats and four Republicans made up the chamber’s gaming subcommittee agreed to send state senator Joe Morrissey’s legislation to […]

Industry
January 26, 2022
Virginia’s City of Richmond Hopes Tax Cuts Will Sway the Public on Casino Bid
The city of Richmond, VA, was shocked and a little more than disappointed when local residents rejected a casino referendum last November. Not willing to give up the fight, the city is pulling out its bag of tricks to try to gain support. One of these tricks targets locals’ wallets. Tax Breaks for Casino Support […]

Legal
January 17, 2022
Virginia Bill to Amend Operator Deductions and Loss Carryover
Virginia, one of a few states that have collected sports betting state taxes below their tax rates so far, is the first to undertake steps to amend the situation by introducing a bill that will eliminate promotional deductions and loss-carryover for operators. No Promotional Deductions after First Year House Bill 1103 introduced by Delegate Mark […]

Industry
January 10, 2022
Richmond Not Done Yet Trying to Bring Casino to the Virginia City
Voters in Richmond, VA, stunned the city last November when they rejected a casino measure. The city had been working with Urban One to develop a gaming property but needed local voters’ approval. The approval never came, but the city isn’t giving up on its dreams. Reva Trammell of the Richmond City Council is expected […]

Sports
January 3, 2022
Virginia: Sportsbooks Surpass $400M in Wagers for November 2021
Legalized in April 2020, Virginia launched its legal sports betting market in January 2021. Since the launch, sports betting monthly wagers have been continuously growing. Sportsbooks in Virginia Surpass $400M in Wagers for Second Month in a Row Judging by data released by the Virginia Lottery last week, November 2021 was another month when wagers […]

Legal
December 27, 2021
Virginia’s Gambling Industry Getting Murky After Recent Court Fights
Attempts by Virginia’s lawmakers to provide clarity to legal gambling in the state have only muddied the waters. Instead of having the courts find in favor of the state in a number of legal challenges, some forms of gambling have become deregulated because of the ongoing battles. More challenges are likely in 2022. Virginia’s Growing […]

Business
December 22, 2021
Continuing US Expansion, Leadstar Secures Virginia License
Swedish-based sports betting and online gambling affiliate company, Leadstar Media, announced Tuesday that it received a license in Virginia. The company received an affiliate license to operate in the Old Dominion and consequently launched four websites that are focused on sports betting. Leadstar Media Is Now Licensed in Virginia Legalized in April 2020, Virginia launched […]

Sports
December 16, 2021
PointsBet Launches Mobile and Online Sports Betting in Virginia
Earlier this week, PointsBet announced that it launched its services for clients in Virginia. PointsBet Launches Its Services for Customers in Virginia Premier global online gaming operator PointsBet announced on Wednesday that it launched its services in Virginia. The operator launched its market-leading mobile app as well as its digital sports betting product for sports […]

Legal
December 8, 2021
Former NASCAR Driver Forces Virginia Skills Game Ban to Make a Pit Stop
Hermie Sadler, a former NASCAR driver, hasn’t won the legal checkered flag, but he could be close. He has been granted a temporary injunction by a Virginia court to stop the state from enforcing its skill-game ban. Sadler Takes on Virginia and Wins Sadler filed suit to contest the ban, which took effect in June. […]
