Virginia

VA sports betting

How Could Reported Commanders Move Affect MD, VA Sports Betting?

The Washington Commanders are already live in VA with sports betting and could be considering a stadium there too. The Commanders paid $100 million for 200 acres in Virginia, according to a Monday report from ESPN. The land could house a 60,000-seat domed stadium, with restaurants, apartments and other surrounding amenities. Should the Commanders move, […] Read More
Posted on: May 24, 2022 | Regulation Sports Betting | Matthew Waters
Virginia sports betting

A Year After Launch, Virginia Sports Betting Continues Growth

While legislators keep the Virginia sports betting landscape relatively stable, the state turned in a record month in January. Virginia sportsbooks took a record $485.5 million in bets, according to a Virginia Lottery release Tuesday. The figure is up nearly 14% from December’s $426.6 million total. Since Virginia sports betting launched in late January 2021, sportsbooks […] Read More
Posted on: March 3, 2022 | Regulation Sports Betting | Pat Evans
VA sportsbooks

Betting On Virginia Colleges With VA Sportsbooks To Stay Off-Limits

Multiple members of the Virginia House made it clear no licensed VA sportsbooks would take bets on in-state colleges anytime soon. Sen. Monty Mason‘s SB 576 was tabled as expected by the House’s General Laws Committee after 9 p.m. Thursday following a brief discussion. A companion bill by Del. Schuyler VanValkenburg met a similar quick fate in […] Read More
Posted on: February 25, 2022 | Regulation Sports Betting | Matthew Waters
VA sportsbooks

VA Sportsbooks Bill To End In-State College Ban Alive In Senate

There is still a chance that VA sportsbooks could take bets on in-state colleges, though House support seems unlikely. HB 1127 from Del. Schuyler VanValkenburg was shot down in a House General Laws subcommittee Tuesday afternoon. Sen. Monty Mason‘s companion legislation, however, advanced Wednesday. The General Laws and Technology committee reported SB 576 and referred […] Read More
Posted on: February 3, 2022 | Regulation Sports Betting | Matthew Waters
VA sportsbooks

VA Sportsbooks See Handle Growth In December While Revenue Falls

VA sportsbooks closed out their first calendar year with near-record handle, though revenue was hurt by customer-friendly results. Sports betting in Virginia brought in $426.6 million in bets during December. That was up 6% over November and just missed the record of $427.3 million bet in October. That is significant since many US sports betting […] Read More
Posted on: February 2, 2022 | Regulation Sports Betting | Matthew Waters
VA sportsbooks

VA Sportsbooks Might Become First To Lose Promo Deductions

Virginia sports bettors might have more betting markets and operating VA sportsbooks might become more expensive if two pieces of legislation pass this session. The first bill, HB 1103, would limit sportsbook operators to just 12 months of promotional deductions from taxable revenue. Right now, those deductions are allowed in perpetuity. The second issue, which […] Read More
Posted on: January 21, 2022 | Regulation Sports Betting | Matthew Waters
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