Virginia edges closer to once more allowing promotional deductions when calculating adjusted gross revenue

Virginia is a step closer to reintroducing some level of promotional deductions being allowed for the calculation of adjusted gross revenue after Senator Jeremy S. McPike’s Bill SB 1142 passed the Senate by a vote of 31-7.  What does the Virginia bill state? The bill, introduced in January sought to once more allow exclusion from […]

Ollie Ring  •  08 Feb 2023
bet365 continues steady US expansion with mobile sports betting launch in Virginia

UK headquartered online gambling behemoth Bet365 has continued its steady expansion in the United States of America with its mobile launch in Virginia. Where else is bet365 live? Virginia is the fourth state in which bet365 wil go live. The company has also launched in New Jersey, Colorado and Ohio.  The company withdrew its application […]

Ollie Ring  •  08 Feb 2023
Virginia welcomes Betfred USA launch as official sports betting partner of Loudoun FC

Betfred USA has continued its aggressive US expansion with the launch of online operations in the state of Virginia, as the official sports betting partner of Loudoun United FC.  What does the partnership entail? The partnership not only facilitates Betfred’s Virginia online sports betting launch, but will also see the brand take prominent advertising inventory. […]

Ollie Ring  •  04 Feb 2023
Proposed Virginia amendment seeks to undo previous promotional change

Senator Jeremy S. McPike has introduced a bill in the Virginia Senate which seeks to undo prior legislation which does not allow operators to deduct any promotions when calculating adjusted gross revenue. The bill has been referred to the Committee on Finance and Appropriations. SB 1142 Sports betting; adjusted gross revenue seeks to once more […]

Ollie Ring  •  12 Jan 2023