Sports
November 24, 2021
PointsBet Enters Virginia with Colonial Downs Group Partnership
PointsBet has entered Virginia, expanding its footprint and betting platform to another jurisdiction in the US in the process. The company has been awarded a temporary supplier license by the state lottery, which enables it to offer interactive sports betting products in Virginia. Another Successful Launch in the US PointsBet teamed up with Colonial Downs Group to secure market […]
Casino
November 4, 2021
Plans for Casino in Richmond, VA, Come to a Grinding Halt
Just before midnight Tuesday, opponents of the One Casino project in South Richmond declared victory. The preliminary results of South Richmond’s casino referendum showed that they had won 2,200 votes. 51.4% of city voters opposed the proposal for a casino, with 71 of 72 precincts reporting. The proposal was opposed by most precincts of Richmond’s […]
Casino
September 15, 2021
Colonial Downs Approved for New Casino Resort in Dumfries, VA
The city of Dumfries in Virginia could be getting a new casino resort soon, provided there are no last-minute surprises. A request by Colonial Downs Group Inc. to build a gaming property in the city has received approval from the Dumfries Planning Commission, jumping one of the few remaining hurdles toward becoming a reality. If […]
Industry
September 6, 2021
BlueBet Folds Sports Betting Attempt in Virginia
BlueBet revealed today that it withdrew its application for a sports wagering license in Virginia. The company acknowledged that the local regulator said that it wasn’t eligible for a permit, mainly because of a lack of experience in other US states. However, BlueBet can reapply at a later period for a license in Virginia and […]
Casino
August 24, 2021
The Price Tag for Caesars’ Virginia Casino Rises to $500 Million
The Caesars Virginia casino project is likely to go over budget by a huge margin. The original plans for this venue stated that the whole project will cost around $400 million, but now, the price tag will rise to $500 million. The senior vice president of Caesars Entertainment, Robert Livingston, confirmed as much during a […]
Sports
August 2, 2021
Virginia’s Sports Betting Market Sees Growth after Two-Month Dip
The Virginia Lottery is a little slow in releasing the figures for gaming activity, but it has finally come through. The results for June were just published last Friday and show positive movement after having stalled for two months. With the NFL season starting this month through preseason games, the rest of the year should […]
Casino
July 30, 2021
Richmond City Council Approves Urban One Casino Project for 2024
Richmond City Council has approved contract terms for the new casino resort project in South Richmond by Urban One for a 2024 launch. Richmond City Council Approves the Terms for Urban One Casino On Monday, Richmond’s City Council approved the contract terms with the extension of Urban One’s project to build a casino resort by 2024. Last year, Gov. Northam signed […]
Industry
July 22, 2021
Virginia Gives a Green Light to Permanent Casino Gaming Regulations
Casino gaming in Virginia moves a step further as the Lottery Board approves its permanent regulations proposal. Virginia Approves Permanent Casino Gaming Regulations Casino gaming in Virginia has moved a step further, asthe Virginia Lottery Board approved a permanent casino gaming regulations proposal. Initially constructed in haste, the casino regulations were approved by the Board […]
Industry
July 9, 2021
Richmond’s ONE Casino Could Open Doors in October 2024
The opening of ONE Casino and Resort in Richmond, Virginia has been postponed until October 2024. Richmond’s ONE Casino Postponed to 2024 Richmond’s ONE Casino + Resort opening has been delayed until October 1, 2024. The news was announced by the city’s economic development director, Leonard L. Sledge, at the City Council’s Organizational Development Committee […]
Industry
July 2, 2021
Virginia Surpassed $1B after 4 Full Months of Sports Betting
Virginia became the latest US jurisdiction to surpass the $1 billion threshold in sports betting revenue since its inception, the monthly report released by the Virginia Lottery revealed, while month-on-month wagering on sports continued to decline in May. Higher than Industry Average Operator Margin The report showed licensed sports betting operators in Virginia generated $227 […]