Virginia surprisingly launched online sports betting this past Thursday, with FanDuel Sportsbook opening for business right away. Competitor DraftKings Sportsbook joined the party Sunday, and several more books will continue to follow suit over coming weeks.
Not much had been previously known about the launch of betting in Virginia, only that the state was hoping to go live before Super Bowl 55 in February. It launched sooner than expected, and now sportsbooks are scrambling to be live in time for the biggest sporting event of the year.
BetMGM just launched in Michigan Friday, which was its eighth state with fully online betting. They are currently live now in Colorado, Indiana, Iowa, Michigan, New Jersey, Pennsylvania, Tennessee and West Virginia; they also have a presence in Nevada, although the state requires in-person registration.
Virginia represents a sizable market for sportsbook operators with a population of over 8.5 million people — the 12th-highest in the U.S. We expect to see a competitive landscape, as highlighted by three books already launched in the first few days of legal online betting.