Virginia Sports activities Betting Regulator Refuses to Determine Candidates
The state lottery application process in terms of who will operate Virginia Sports betting appears secretly as necessary.
The sports betting application window has been closed Halloween with “significant industry interest”, deputy director of gaming compliance Gina Smith said. However, there was no mention of the list of applicants being made public, even at the lottery meeting on Wednesday.
Managing Director Kevin Hall confirmed the lottery remains on track to launch VA sports betting Early 2021. So even though Virginia will miss the regular season NFL Betting, playoffs and Super bowl Betting should be possible.
Anyone Interested in Sports Betting in Virginia?
Some operators have already confirmed that they will apply for one of the up 12th Sports betting licenses in Virginia. ONE at least four Online-only licenses must be issued.
PointsBet confirmed his interest in Virginia in its most recent call to win. WynnBETMeanwhile, he confirmed his request when he announced that it would become the official online sportsbook of two NASCAR Tracks in the state when approved for a license.
LSR understands too BetMGM, DraftKings Sports Betting and theScore Bet applied.
Four licenses go to VA Casinos
At least it looks that way four Of the sports betting apps in the state, there will be a casino affiliate after cities approve referendums to host those casinos. A potential fifth casino in Richmond is on a different timeline.
Even if the lottery can approve 12th Online only licenses give casinos preferential treatment for their investment in the state. The sports betting licenses approved for casinos are not counted towards the minimum of four online licenses, but towards the upper limit of 12.
This means we likely already know three sports betting providers in the state:
- BetRivers parent Rush Street Gaming is the preferred casino partner in Portsmouth.
- Hard rock should treat his own betting as a preferred partner in Bristol. The company recently selected Scientific games for his sports betting in Iowa and New Jersey.
- William Hillwill soon be a parent Caesars Entertainment is the preferred partner in Danville.
The Pamunkey Indianswho have not set out their sports betting plans will operate the fourth licensed casino Norfolk. The Pamunkey are also the preferred partner for Richmond Casino.