About the Author
Geoffrey Fisk
Virginia Mobile Sportsbooks Post First Net Monthly Profits In March
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 […]
Virginia Mobile Sportsbooks Generate $265.7 Million Handle In First Full Month Of Operations
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 […]
Virginia Online Sports Betting Post $58.9 Million In January Betting Handle
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. […]
Big Gambling Names Bid On Potential Virginia Casino Project in Richmond
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 […]
BetMGM Sportsbook Coming To Nationals Park
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 Betting Could Bring $412 Million In Annual Revenue
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 […]