The Virginia legislature approved sports betting in April and it became legal from July, after which the state approved sports betting regulations in September. The main part of the regulations was the comprehensive Consumer Protection Program that includes provisions for self-exclusion, data protection and underage gambling protections. Now, sports betting is finally launched in Virginia, and DraftKings and FanDuel are the first operators to go live.
A wide range of sports are offered
Virginia became the 17th state to launch some form of legal gambling in the US. Last week, on Thursday afternoon, FanDuel officially went live in Virginia and started taking online wagers from the bettors. The operator partnered with the NFL’s Washington Football Team and was able to go live first in Virginia. In addition, under Virginia’s sports betting law, major sports leagues that pay taxes on more than $200 million in salaries in the state, including FanDuel, are given “substantial and preferred consideration”.
Following FanDuel, DraftKings was the second operator to announce its launch in Virginia that happened on Sunday. The operator also went live in Michigan last week. Michigan launched online sports betting on Friday, January 22. When it comes to Virginia, customers are available to bet on a wide range of professional and collegiate sports provided by DraftKings. Jason Robins, DraftKings CEO, announced that the company is thrilled to launch in Virginia just in time for Super Bowl LV and provide an abundance of betting options to the fans.
However, there’s still confusion over why more operators did not get permission to launch in Virginia. Last November, Virginia Lottery said it received a record number in betting applications, but DraftKings and FanDuel are the only ones that received their launch permits. It has been announced that about 14 more operators are seeking licences in the state, including BetMGM, Penn National’s Barstool Sportsbook and WynnBet. After DraftKings and FanDuel went live, Virginia Lottery said it expects that more sportsbooks will start accepting legal wagers in time for the Super Bowl.
Gaming Realms announced a partnership with BetMGM
When it comes to new partnerships and launches, it’s also worth mentioning that Gaming Realms announced an expanded partnership with BetMGM, which will increase its presence in the US gambling market. The three-year partnership agreement with BetMGM, the joint venture between Entain and MGM Resorts, will integrate Gaming Realms’ Slingo content into BetMGM casinos in Michigan and Pennsylvania. This is an expanded agreement as Gaming Realms’ Slingo content is currently available in BetMGM casino in New Jersey.
Gaming Realms hopes to launch its product in the above-mentioned states during the first half of 2021, and the agreement will open doors for launch in additional US markets in the future. Michael Buckley, Gaming Realms executive chairman, said that the new agreement is a great opportunity for the operator to bring its Slingo content to a greater segment of the US market. Matthew Sunderland, BetMGM gaming VP, added that BetMGM found a great partner with Gaming Realms and the new agreement shows its commitment to deliver high-quality gaming experiences.