Betfred Exodus Could Soon Include Virginia
Betfred said it is considering shutting down its US sports betting operations. Here's what that would mean for Virginia.
Posted on: August 29, 2024 |
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Lawmakers Eye One Agency To Oversee Virginia Gaming
A joint committee of the Virginia General Assembly is considering creating one agency to oversee the legal gaming industry in the state.
Posted on: August 26, 2024 |
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FanDuel Will Not Add Surcharge On Winnings
During a recent earnings call, the parent company of FanDuel said it will not add a surcharge on player winnings in high-tax states.
Posted on: August 19, 2024 |
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Flutter Entertainment, Fanduel Parent Co., Reports Revenue Up By 20% In Q2 2024
Flutter Entertainment's robust second quarter was propelled by FanDuel's performance in state markets like Virginia.
Posted on: August 15, 2024 |
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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 |
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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 |
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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 |
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Betway Will Wrap Up U.S. Sports Betting Business In Virginia And Other States
After three years of struggling to secure market share, the European-based sportsbook Betway will exit the Virginia market.
Posted on: July 12, 2024 |
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May Revenue Up 20% YoY But Virginia Faces Tough Competition From North Carolina
Virginia has shown year-over-year sports betting handle growth every month of 2024. But can the Commonwealth keep pace with North Carolina?
Posted on: July 5, 2024 |
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Lawmakers Could Redefine Prop-Style DFS As Sports Betting
The growing debate about whether prop-style DFS apps should be regulated as sportsbooks pushes VA lawmakers to consider regulatory changes.
Posted on: July 2, 2024 |
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