How has the Virginia online gambling industry performed in 2021?
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Virginia General Assembly passed two bills in March 2020 to bring legal sports betting to the state. The bills were signed by Gov. Ralph Northam and went into effect on January 21, 2021.
Virginia allowed mobile sportsbook and five commercial casinos. In January 2021, Virginia reported gross gaming revenue of $3.586 million and a betting handle of $58,896,564. February 2021 saw $12.238 million in gaming revenues and $265 million of betting. March 2021 reported over $300 million wagered on sports. April 2021 brought in $236 million.
There is no legal gambling in Virginia except for lottery, pari-mutuel horse race bets, and daily fantasy games. Online gambling is legal in the state, but it's not recommended because it can be risky and unregulated. The safest alternative for playing in a real online casino is playing free online table games and slots at social and sweepstakes casinos.
How has the Virginia online gambling industry performed in 2021? Safety measurements for gambling on offshore sites. You need to ensure that your personal information stays protected from cybercriminals. It's always recommended to gamble on well-known sites with years of experience and reputation. Before hopping online to play your favorite game, make sure to check the customer support of an offshore site.
There are plans to open four land-based casinos in Virginia. The first one is expected to be open in the spring of 2022. Four of the five cities have announced preferred casino partners. Richmond will vote on a casino measure by the end of 2021.
