Betway and SI Sportsbook set to launch in Virginia
Betway and SI Sportsbook will Launch VA Sportsbooks by April
Betway and SI Sportsbook are expected to launch a Virginia sports betting app by April. Gina Smith, a deputy director at the Virginia Lottery, has announced the news. The Virginia Lottery oversees and regulates sports betting activity in the state. Digital Gaming owns Betway, and fans will be familiar with the brand because of its partnership with NHL betting.
SI Sportsbook is the new incarnation of 888sport, a company that has rebranded as part of its expansion into North America. It comes with a content agreement with the legacy sports media brand Sports Illustrated.
The addition of Betway and SI Sportsbook would mean nine active online and mobile sportsbooks in the Old Dominion State. Up to 12 are allowed by current state law. According to the Virginia Lottery, three more operators are currently in the review process; however, they have not been named.
Unfortunately for the new operators, they will not be able to launch in time for the lucrative Super Bowl betting market on February 13 or the NCAA Tournament.
College Betting Coming to Virginia?
At the moment, Virginia sports bettors would be allowed to wager on the Spiders, Cavaliers, or Hokies; Current Virginia law bans betting on in-state universities. However, a state lawmaker is trying to change that.
Del. Schuyler T. VanValkenburg has introduced a bill allow wagering on Virginia colleges. There are 14 in NCAA Division I in Virginia alone. The bill could be more acceptable to opponents of college wagering as it doesn’t permit proposition bets. These bets are placed on independent events in games rather than the outcome.
Most states that permit wagering on in-state college teams have banned props as a way of safeguarding athletes that are potentially susceptible to corruption or manipulation. New Jersey voters overwhelmingly defeated a similar bill in November. Placing bets on colleges and college events held in the Garden State is banned in that state’s constitution.
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