Author: Geoffrey Fisk

In less than six months, Virginia has emerged as one of the most legitimate online sports betting markets in the US. The Virginia Lottery released the latest monthly sports betting revenue numbers on Friday, and June marked another strong month for one of the nation’s newest sports wagering strongholds. The current sports betting landscape in […]

Virginia is off to the most prolific start in the history of US legal sports betting. The state’s sportsbooks produced $1,092,137,211 in betting handle through the end of May 2021, becoming the fastest state to clear the $1 billion handle mark in US history. Sports betting in the Old Dominion launched on Jan. 21, 2021. […]

The true viability of the Virginia sports betting market becomes more apparent with each passing month. May 2021 marked the third straight month of increased online sports betting tax revenue for the state. Adjusted gross revenue (AGR) and online sports betting tax collection both hit new monthly highs in May. The Virginia Lottery released the […]

Virginia’s mobile sports betting market emerged from its customer acquisition phase last month, posting net positive monthly revenues for the first time since launching in January 2021. The April numbers released by the Virginia Lottery on Friday show a continuation of that positive trend. Virginia’s mobile sports betting apps produced $11,380,137 in combined revenue for […]

The first two months of business for Virginia’s mobile sportsbooks showed an expected negative revenue pattern, as welcome bonuses and pre-launch offers counted against adjusted gross revenue. March 2021 marked the end of the days of putting a minus sign in front of Virginia sports betting revenue totals. Virginia’s six mobile sportsbooks generated just over […]

The first full month of business is in the books for Virginia’s mobile sports betting industry, and the Old Dominion appears poised to emerge as a major sports wagering hub in the US. Virginia’s online sportsbooks generated $265,778,306 in February handle. One of the latest US states to introduce sports betting, Virginia launched the first […]

The first 11 days of legal sports betting in Virginia points to a promising 2021 for the state’s sports betting industry. According to revenue reports released Monday by the Virginia Lottery, the state’s newly-launched mobile sportsbooks produced just under $59 million in handle for January 2021. Those numbers represent just an 11-day period from Jan. […]

A potential land-based casino project in Richmond has drawn interest from some of the gaming industry’s biggest names. Richmond voters will decide if the proposed casino project becomes a reality, with the matter to be decided on the November 2021 ballot. The prospect of a retail casino in the Virginia capital is prompting several companies […]

A newly announced partnership between BetMGM and the Washington Nationals brings BetMGM Sportsbook to Nationals Park next season. The agreement makes BetMGM the official betting partner of the Washington baseball franchise. With the partnership comes plans for BetMGM to launch both a retail sportsbook and mobile sports betting app in the vicinity of Nationals Park. […]

Virginia sports bettors won’t have to wait much longer for legal sportsbooks to launch in the Old Dominion. State lawmakers aim for an early 2021 launch for Virginia’s sportsbooks, possibly in time for Super Bowl LVI. Both online and retail sportsbooks will operate in Virginia. Virginia Casinos estimates that sports betting could bring in $412 […]