Virginia Casino and Sports Betting News

Sen. Lashrecese Aird, sponsor of Petersburg casino bill, which has a May 31 deadline for city council to endorse Cordish as developer.

Petersburg City Council Reaches Deadline To Approve Cordish As Casino Developer

The Petersburg City Council must formally approve Maryland developer, The Cordish Companies, to the Virginia Lottery Board by today.

Posted on: May 31, 2024 | | Tyler Andrews

David Cordish of the Cordish Companies, who plans to build a Petersburg casino and is opposed to igaming expansion.

Does Choosing Cordish To Build Petersburg Casino Put iGaming Legalization At Risk?

If Petersburg votes to have the Cordish Cos. build a casino, the company will likely oppose online betting in VA, as it has in other states.

Posted on: May 24, 2024 | | Phil West

A door cracked open signifies Gov. Youngkin vetoing skill game bill, but door is still cracked on possible passage

Gov. Youngkin Vetoes Skill Games Bill, But Door To Legalizing Them Remains Open

Gov. Glenn Youngkin's skill games bill veto doesn't close the door on compromise legislation, but it does prolong the machines' legal limbo.

Posted on: May 21, 2024 | | Phil West

Parlay bet written on tiles with graphs behind signify growth of Virginia parlay betting from 2021-2024

Parlay Bets Booming In Popularity Among Virginia Sports Gamblers

Parlay betting is becoming more popular on a national level, and Virginia sports bettors are following that trend.

Posted on: May 20, 2024 | | Adam Hensley

April casino revenue tops $60 million with help of slots

April Casino Revenue In Virginia Tops $60 Million For Second Month Straight

It wasn't quite March's revenue haul, but Virginia's three active casinos had an impressive April, generating more than $60.1 million.

Posted on: May 16, 2024 | | Phil West

Skill game machines blurred out, signifying the likely failure of skills game legislation in the Virginia legislature

Skills Games Legalization Question Won’t Be Resolved In State Budget

Virginia lawmakers agreed on a budget that doesn't factor in skills games revenue, which bodes ill for proponents of legalizing the machines.

Posted on: May 14, 2024 | | Phil West

MGM Casino and lion signifies MGM's record first quarter revenues in 2024

MGM Announces Record Quarter To Kick Off 2024 In Earnings Call

MGM reported $4.4 billion in revenue in a record-setting first quarter despite a dip in its regional operations, which includes Virginia.

Posted on: May 14, 2024 | | T.J. McBride

Statue of Caesars in front of Caesars Palace signfies Caesars Virginia's first quarter 2024 earnings call

Permanent Danville Casino Will Open In December, Caesars Confirms

In an earnings call, Caesars execs said the company's drop in revenue isn't expected to continue and cited progress on its Danville casino.

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

Jason Robbins, DraftKings CEO, who recently touted DraftKings first quarter revenue growth

Virginia Sports Betting Contributes To DraftKings’ 1Q Revenue Totals

DraftKings reported a 53% rise in revenue in the first quarter of 2024, aided by sports betting in Virginia.

Posted on: May 10, 2024 | | T.J. McBride

Construction equipment silhouettes signifies Danville City Council approving changes to Caesars Virginia Casino development plans

Contract Between Caesars Virginia And Danville Amended After City Council Vote

The casino in Danville will be more expensive and result in fewer workers than anticipated by the time it opens toward the end of 2024.

Posted on: May 9, 2024 | | Phil West

Petersburg City Council Reaches Deadline To Approve Cordish As Casino Developer

Does Choosing Cordish To Build Petersburg Casino Put iGaming Legalization At Risk?

Gov. Youngkin Vetoes Skill Games Bill, But Door To Legalizing Them Remains Open

Parlay Bets Booming In Popularity Among Virginia Sports Gamblers

April Casino Revenue In Virginia Tops $60 Million For Second Month Straight

Skills Games Legalization Question Won’t Be Resolved In State Budget

MGM Announces Record Quarter To Kick Off 2024 In Earnings Call

Permanent Danville Casino Will Open In December, Caesars Confirms

Virginia Sports Betting Contributes To DraftKings’ 1Q Revenue Totals

Contract Between Caesars Virginia And Danville Amended After City Council Vote

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