Sports Betting in Virginia Exceeds $2 Billion in Wagers Cast Since January Launch

Virginia’s new sports betting continues to set records, with $427 million in wagers cast in October thanks to five weekends of football, postseason baseball, and the opening of the NBA season. Sportsbetting was launched in the Commonwealth on January 21, and October’s results helped make Virginia the fastest state to exceed $2 billion, according to a PlayVirginia press release.

“It took Old Dominion a little less than nine months to reach the milestone. The previous record-holder, New Jersey, took about 10 months to reach $2 billion in wagers,” PlayVirginia said.

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Portsmouth City Council Approves Casino Rezoning, But Race Is on to Compete with Pending Norfolk Casino

The Portsmouth City Council approved rezoning and use permits for the Rivers Casino project in several five-to-two votes on Tuesday. Vice Mayor DeAndre Barnes and Councilman Mark  Whitaker opposed the changes. The council will have to confirm the votes in a follow-up meeting in June, and licensing from the Virginia Lottery is still pending according to WAVY.com. But pressure is on, since Norfolk has its own new casino project, the Headwaters Resort and Casino, expected to open in 2023. The Portsmouth casino is expected to open sometime in 2022 or 2023.

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