BETMGM JUST JOINED BOOMING VIRGINIA ONLINE SPORTS BETTING!

By Michael Griggs

BetMGM Sportsbook just went live with online sports betting in Virginia.

Virginia  launched online sports betting last Thursday, with FanDuel Sportsbook opening for business right away. Competitor DraftKings Sportsbook soon joined and several more books will continue to follow suit over coming weeks.

Virginia was hoping to go live before Super Bowl 55 on February 7. 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 Virginia, 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.

The sports betting landscape is growing at a rapid pace, with many more states — including Arizona, Massachusetts, Ohio and others — hoping to come online within the next year.

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.

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