size of legal sports betting industry us

Currently, Virginians can place bets using DraftKings Sportsbook, FanDuel, and Yahoo! However, several sports betting providers are in the process of constructing casinos, which will eventually give Virginians land-based sportsbooks they can access to play. While West Virginia legalized sports betting in 2018, Virginia officials deliberated over the legality of sports betting for years before passing HB 896 and SB 384 in March 2020, opening a path for legalization.Ĭurrently, there are no sports betting casinos in Virginia, meaning that if you want to engage in sports betting, you must do so online. Unlike many other states in the U.S., Virginia didn't widely legalize sports betting until recently. To schedule a consultation with our team for your betting case, contact our office online or via phone at (757) 267-4949. If you're like other Virginians interested in placing some bets, understanding the legality of betting in our state is important. In March of 2020, Virginia legalized betting, and online sports betting in the state officially became legal in January of 2021. One of the fastest-growing sectors of the betting market is online gambling and interactive sports betting, in which players make bets on the outcome of sporting events. dollars per year to gamblers and betting organizations alike.

The global gaming market yields more than 400 billion U.S.

Size of legal sports betting industry us