Virginia

Latest newsPartnershipsCompetitor landscapeMarket dataComplianceRegulation

Operator/supplier deals

N/A

 

Online/land-based partnerships

N/A

 

Licensing deals

N/A

 

Marketing deals

N/A

 

Sports teams/franchises

There are no major league teams in Virginia.

TVG (Paddy Power Betfair)

Xpressbet

TwinSpires (Churchill Downs)

State population

8.5 million

 

Revenue

 

Online/offline revenue split

80/20 in favor of online for pari-mutuel racing wagering.

 

Amounts wagered

N/A

 

Total number of betting premises

One racetrack, more than 10 satellite locations, and three online partners.

 

Stake tax take

$376,000 from racing in 2017.

What type of licenses are available?

Just DFS

 

How many skins are permitted per license?

N/A

 

How do you apply for a license?

DFS license application information available here: http://www.vdacs.virginia.gov/food-fantasy-contests.shtml

 

What are the integrity fees?

N/A

 

What is the current tax rate?

N/A

 

Is there a self-exclusion register in the state?

No

Is sports betting regulated or unregulated? 

Unregulated

Virginia has so far made no moves towards legal sports betting, but there is talk that it is high on the agenda for the 2019 legislative session.

 

Regulator details

There is no umbrella regulator in Virginia, but the Virginia Racing Commission oversees much of the activity. The Department of Agriculture and Consumer Services oversees DFS regulation.

 

Virginia Racing Commission

5707 Huntsman Road, Suite 201-B

Richmond, Virginia 23250

804-966-7400

Kimberly.Mackey@VRC.Virginia.gov

http://www.vrc.virginia.gov

 

Is sports betting permitted online?

No, although pari-mutuel racing wagering is permitted with three online partners.

 

Is there any specific legislation for daily fantasy sports?

Yes, since 2016, albeit with a hefty $50,000 registration fee.

 

What legislation, if any, is currently pending?

None