Informational Purposes Only

We do not encourage or condone gambling where it may be against the law.

Recent Posts

Look Ahead Lines for Possible Super Bowl Matchups

January 19, 2019

NFL Conference Championship Games Betting Report

January 19, 2019

Super Bowl Odds – Final Four NFL Teams

January 18, 2019

Can John Rothschild Convert on Seven(7) Games in a Row?

January 17, 2019

Free Shirt and Hat for Signing Up

January 16, 2019

Chiefs vs Patriots Free Pick NFL Playoffs

January 15, 2019

Live Sportsbook Betting Tips for Avid Sports Fans

January 15, 2019

How Sportsbooks Fared This Weekend

January 14, 2019

Suspects Arrested in Disappearance of Tony from 5Dimes

January 14, 2019

WagerWeb Sportsbook Review 2019

January 12, 2019

The Philadelphia Eagles at The New Orleans Saints

January 10, 2019

FanDuel Sportsbook Pays Both Alabama and Clemson Bets

January 10, 2019

Sports Betting in Virginia is a Very Real Possibility

January 1, 2019
Virginia sports betting law

There has already been a lot of activity regarding sports betting in the U.S. State of Virginia. It seems that Virginia may be the one of the next states to adopt a legalized and regulated form of sports betting. A bill introduced by Delegate Mark Sickles is different than new gambling legislation in other states in that it addresses online sports betting and lotto sales only. It has no mention of land based or “brick and mortar” establishments.

According to Forbes, the bill, if passed, the new law would allow for five new sports betting licenses to be granted at a fee of $250,000 a piece with a $200,000 renewal fee. The state would impose a 15% tax on revenue. The financial forecasting company Oxford Economics suggest that as much as $380 million per year could be generated from a handle of about $5.2 billion.

Sponsor Ad: Sportsbook

Virginia is looking to join the eight other states that currently have legalized and regulated sports betting within their territories. At the time of publishing this article, those states include:

  1. Nevada
  2. Delaware
  3. New Jersey
  4. Mississippi
  5. West Virginia
  6. New Mexico
  7. Pennsylvania
  8. Rhode Island

States with legislation in the works and expected to pass in 2019 are:

  1. New York
  2. Arkansas
  3. Kentucky
  4. Missouri
  5. Ohio
  6. Tennessee
  7. Virginia

States moving in the direction of sports legalization in 2019:

  1. Connecticut
  2. Illinois
  3. Michigan – Was on the fast track until Governor Bill Snyder vetoed sports betting and DFS bills on Dec. 30th
  4. Indiana
  5. Massachusetts
  6. Maryland
  7. Minnesota
  8. Kansas
  9. Iowa
  10. Louisiana
  11. Oklahoma
  12. South Carolina
  13. California
  14. Oregon
  15. Montana
  16. Washington D.C.

Leave a Reply