Virginia sports betting is set to launch today, and it appears FanDuel will be the first (or one of the first) operators to launch in the state this afternoon. Yesterday, FanDuel announced on its official Twitter account that the sportsbook would launch in Virginia “tomorrow,” indicating a launch date of Thursday, January 21.
This comes as a bit of a surprise because the Virginia Lottery has been tight-lipped about launch plans. However, today’s go-live in Virginia will happen very near to Michigan’s sports betting launch, bringing two more states into the online sports betting fold.
More Operators On The Way?
As of this writing, none of Virginia’s other license applicants have made a launch announcement. FanDuel’s biggest competitors–DraftKings, BetRivers, PointsBet, BetMGM, and others–have stayed silent regarding a Virginia sports betting launch.
The Virginia Lottery serves as the state’s governing body for sports betting. Currently, the organization’s website lists FanDuel as the only approved permit holder: “Betfair Interactive US LLC (d/b/a FanDuel) in conjunction with the Washington Football Team (temporary permit) Approved 1/20/21.”
Both GeoComply and IGT received a temporary supplier license approval on the same day FanDuel received its temporary permit. IGT and FanDuel have a longstanding partnership. FanDuel uses GeoComply to confirm player location. In other words, these three approvals all appear related to FanDuel’s launch in Virginia.
At this point, no other operators are on the Virginia Lottery’s list of approved permit holders or suppliers.
A FanDuel Headstart?
Upon launch today, FanDuel will be the only online sportsbook live in Virginia. That’s a huge advantage in a sports betting market, especially one that’s expected to bring in more than $412 million in revenue.
New players will be able to sign up and take advantage of FanDuel’s risk-free bet as a welcome bonus. And as the only operator in the state, FanDuel could have a very significant leg-up on the competition in the Old Dominion state.