News Archives - Page 2 of 75

Person chiseling stone signifies smaller operators chiseling away BetMGM's market share

Smaller Operators Like ESPN Bet, Bet365 Chisel Away BetMGM’s Market Share in Virginia

BetMGM saw its sports betting market share slip during the first six months of 2024, while ESPN Bet and Bet365 made gains.

Posted on: August 13, 2024 | | T.J. McBride

Tropical Storm Debby satelite view. The storm delays the start of Virginia's Festival of Racing

Tropical Storm Debby Delays Festival Of Racing

Due to inclement weather from tropical storm Debby, Colonial Downs postponed Virginia's biggest day of horse racing. Read on for details.

Posted on: August 9, 2024 | | Dave Bontempo

Tony Elliot, Virginia Cavaliers football head coach, giving a thumbs up

Virginia Helps DraftKings Top $1 Billion in Q2 Revenue

Helped by brisk sports betting in Virginia and other states, DraftKings surpassed $1 billion in revenue in the second quarter of 2024.

Posted on: August 8, 2024 | | T.J. McBride

Calculator and balance sheet signifies MGM Q2 2024 earnings

MGM Enjoys Record-Breaking Q2 2024 Despite Market Share Struggles In Virginia

Although MGM International posted strong quarterly revenue, regional markets like Virginia remained relatively flat.

Posted on: August 2, 2024 | | T.J. McBride

Cannon fire from a ship signifies Churchill Downs firing shots at VA skill games

Churchill Downs CEO Disapproves Of Skill Games Operators Who Flout Law

The CEO of Churchill Downs took time out from reporting on record quarterly earnings to raise concerns about illegal skill games.

Posted on: July 31, 2024 | | Phil West

Ballot box signifies the next step for a Petersburg casino

Petersburg Set To Vote On Casino While Developers Share Plan For Temporary Site

If Petersburg voters approve a casino in November's election, developers promise to build a temporary casino within a year.

Posted on: July 29, 2024 | | Phil West

Peeling clouds away to reveal blue sky symbolizes Pace-o-matic's optimism about VA skill game legislation

Skill Games Company Behind Virginia Bill Still Optimistic About Its Passage

Virginia lawmakers don't yet agree on a bill regarding skill games' legality, but games creator Pace-O-Matic sees room for a compromise.

Posted on: July 24, 2024 | | Phil West

Eiffel Tower with Olympic rings symbolize new Virginia Olympics lottery games

Virginia Lottery Launches Team USA Game Ahead of Olympics

The Virginia Lottery has launched a Team USA game powered by 916 Gaming and EQL Games in honor of the 2024 Olympics in Paris.

Posted on: July 22, 2024 | | Cole Rush

The Churchill Downs name, signifying the company's long shot bid to open an HHR facility in Henrico County

Proposed HHR Facility At Staples Mill Shopping Center A Long Shot For Churchill Downs

Churchill Downs is up against evolving zoning ordinances in Henrico County, where it plans to build an HHR facility in a shopping center.

Posted on: July 18, 2024 | | Dave Bontempo

Magnifying glass over "benchmark" signifies Virginia casinos' monthly benchmark in revenue

Virginia Casinos Just Miss on $60 Million of Revenue for Fourth Straight Month

$60 million is the monthly revenue benchmark for Virginia's casinos, at least until two permanent casinos open in Bristol and Danville.

Posted on: July 17, 2024 | | Phil West

News

Smaller Operators Like ESPN Bet, Bet365 Chisel Away BetMGM’s Market Share in Virginia

Tropical Storm Debby Delays Festival Of Racing

Virginia Helps DraftKings Top $1 Billion in Q2 Revenue

MGM Enjoys Record-Breaking Q2 2024 Despite Market Share Struggles In Virginia

Churchill Downs CEO Disapproves Of Skill Games Operators Who Flout Law

Petersburg Set To Vote On Casino While Developers Share Plan For Temporary Site

Skill Games Company Behind Virginia Bill Still Optimistic About Its Passage

Virginia Lottery Launches Team USA Game Ahead of Olympics

Proposed HHR Facility At Staples Mill Shopping Center A Long Shot For Churchill Downs

Virginia Casinos Just Miss on $60 Million of Revenue for Fourth Straight Month

Virginia Derby At Colonial Downs To Become A Kentucky Derby Qualifier

Betfred Exodus Could Soon Include Virginia

Lawmakers Eye One Agency To Oversee Virginia Gaming

Updated Norfolk Casino Plans Submitted After Years of Delays

Three New eInstants From Fennica Gaming Launch Through Virginia Lottery