Virginia

VA sportsbooks

FanDuel Sportsbook Still Leads All VA Sportsbooks In Market Share

FanDuel Sportsbook remains the favorite of the seven live online VA sportsbooks, but it no longer takes the majority of action. The Virginia Lottery provided its second sports betting update since sports betting in Virginia launched in mid-January. The top two positions for FanDuel and DraftKings Sportsbook are not exactly surprising considering they were the […] Read More
Posted on: July 21, 2021 | Sports Betting | Matthew Waters
Virginia sports betting

Virginia Sports Betting Continues Past $1B Handle Despite Slide

In less than five months, Virginia sports betting surpassed $1 billion in wagers. With May’s $226.9 million handle, Virginia sports betting climbed past $1 billion since its Jan. 21 launch, according Virginia Lottery release Thursday. In May, Virginia sportsbooks secured a 10.2% hold, generating $15.7 million in adjusted gross revenue. AGR since launch reached $34.4 million. […] Read More
Posted on: July 1, 2021 | Sports Betting | Pat Evans
Virginia sports betting

Even Freshman Virginia Sports Betting Not Immune To Swoon

In the third full month of sports betting in Virginia, the state’s handle hit $236.4 million in April. Sportsbook operators generated $19.4 million in gross revenue, good for an 8.22% hold, according to a Virginia Lottery release Friday. Similar to most legal markets, Virginia sports betting took a dip as the sports calendar thinned. April wagers […] Read More
Posted on: June 1, 2021 | Sports Betting | Pat Evans
Virginia sports betting

Virginia Sports Betting Sees Second-Month Bump From College Basketball

Virginia sports betting continued to grow in its second full month. March’s VA sports betting handle reached $304.1 million, according to a Virginia Lottery release Friday. The six operators live in March combined for an 8.7% hold with an adjusted gross revenue of $13.8 million. Second-month bump in Virginia sports betting The March handle was a 13.7% increase […] Read More
Posted on: May 3, 2021 | Regulation Sports Betting | Pat Evans
VA sports betting

Next VA Sports Betting License Awarded To Unibet, More Coming

Old Dominion is finally in double digits for betting licenses as the state lottery handed out its 10th VA sports betting license. The Virginia Lottery posted a Unibet temporary license approval on its website Thursday, though approval date was technically Wednesday. Unibet’s parent company Kindred sent out a release Thursday confirming the license. “We are excited […] Read More
Posted on: April 22, 2021 | Regulation Sports Betting | Matthew Waters
Virginia sportsbooks

Finally We Know That FanDuel Leads Virginia Sportsbooks To Date

There is finally a bit of detailed information available on Virginia sportsbooks, thanks to a VA Lottery presentation Wednesday morning. FanDuel Sportsbook Virginia leads the state’s six online sportsbooks in handle share, according to preliminary data from launch on Jan. 21 through March. FanDuel had the advantage of launching first in Virginia and has taken […] Read More
Posted on: April 21, 2021 | Regulation Sports Betting | Matthew Waters
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