The Latest in virginia
Industry
May 26, 2022
888’s SI Sportsbook Went Live in Virginia
888 Holdings, the company behind several gambling brands and websites, has launched its Sports Illustrated Sportsbook in Virginia. 888 Launched SI Sportsbook in Virginia Following the launch in Colorado in September 2021, the SI Sportsbook is now available to bettors in Virginia as well. The new brand offers the best of 888 and Sports Illustrated […]
Casino
May 12, 2022
Rivers Casino Portsmouth Virginia Still on Track for 2023 Opening
Rivers Casino Portsmouth had its topping-off ceremony on May 10. Topping-off is a builders’ rite going back to ancient times in Scandinavia. It celebrates the completion of the building’s vertical construction. Rivers Casino Portsmouth Raises Beam The official event consisted of three main celebratory activities. As mentioned, at the heart of the celebration was raising […]
Legal
April 18, 2022
Cordish Suffered Legal Setback, Case against Norfolk Dismissed
The Cordish Companies, the real estate developer of the Waterside District in Norfolk, Virginia, saw its legal case against the city dismissed after a Richmond judge ruled that “agreement to agree” creates no obligation under Virginia Law. Agreement Language ‘Unenforceable’ Dismissing the Cordish lawsuit against the city of Norfolk for allegedly breaching their agreement by […]
Casino
March 21, 2022
Pittsylvania County, VA to Shut Down Skill Game Operations
A county in Virginia is gearing up to take out all forms of illegal gambling – starting with “skill game” machines which have been enjoying a sort of regulatory break over the past few years. Now, this is about to change as Pittsylvania County attorney, Bryan Haskins, has given operators of such machines a deadline […]
Industry
March 2, 2022
Sportsbooks in Virginia Hit a Record Betting Handle in January
This January marked a record-setting month for sportsbooks in Virginia. The operators in the state nearly hit $500 million in the betting handle, surpassing the record which they set a few months earlier, a report reveals. Betting Handle in Virginia Surpasses $400M for Fourth Month in a Row January 2022 marks another successful month for […]
Casino
February 22, 2022
CDI Expands Live and Historical Horse Racing Geographical Reach
Racing, wagering and gaming entertainment company Churchill Downs Incorporated (CDI) announced today it entered into a definitive agreement to acquire assets of Peninsula Pacific Entertainment (P2E). Acquire Additional Scale The $2.485 billion acquisition deal will see CDI acquire all Peninsula assets in Virginia and New York and its operations of the Sioux City casino in […]
Industry
February 11, 2022
Virginia Legislative Effort to Block Casino Referendums Fails
Voters in Richmond, VA, might see another casino referendum on the ballot this year after all. They rejected the idea of a casino coming to the city last year, but the Richmond City Council wasn’t giving up. It planned to put the measure back on the ballot this year, but a state senator tried to […]
Industry
February 2, 2022
Virginia Sportsbooks Surpass $3B in Betting Handle in 2021
It was back in January 2021 when Virginia launched sports betting. Not unexpectedly, the interest in the activity kept increasing. Judging by recent figures released by the regulator, legal sportsbooks in Virginia hit $3.2 billion in sports betting handle during 2021. Sportsbooks in Virginia Surpass $400M in Betting Handle in December The Virginia Lottery released […]
Industry
January 28, 2022
State Bill to Block Richmond Re-Vote on Casino Referendum Approved
A bill that would allow the Virginia city of Petersburg to hold a referendum on a casino and prevent Richmond from conducting one for five more years was unanimously supported by a Virginia Senate Subcommittee. Five Democrats and four Republicans made up the chamber’s gaming subcommittee agreed to send state senator Joe Morrissey’s legislation to […]
Industry
January 26, 2022
Virginia’s City of Richmond Hopes Tax Cuts Will Sway the Public on Casino Bid
The city of Richmond, VA, was shocked and a little more than disappointed when local residents rejected a casino referendum last November. Not willing to give up the fight, the city is pulling out its bag of tricks to try to gain support. One of these tricks targets locals’ wallets. Tax Breaks for Casino Support […]