Archive for the ‘News’ Category

Virginia’s proposed iGaming legislation (SB 118 and HB 161) doesn’t just address responsible gaming — the proposed provisions would become the gold standard of consumer protections for the United States.

The reality is that these legislative bills would put Virginia at the vanguard of responsible gaming by mandating the most robust consumer protections in the nation.

This year, the General Assembly has an opportunity to enact comprehensive legislation — House Bill 161 and Senate Bill 118 — that protects Virginians from predatory platforms, creates jobs and collects new tax revenue from licensed igaming operators.

A new analysis released today by Legal Sports Report, in partnership with the Sports Betting Alliance (SBA), forecasts that $1.71 billion will be legally wagered on Super Bowl 60 nationwide, demonstrating the continued growth of regulated sports betting markets across the United States and the popularity of one of the globe’s most-watched televised events. Legal Sports Report provided the underlying research and analysis used to develop the forecast.

The launch builds on the proven success of FanDuel’s Responsible Gaming program, which reached a milestone last year as responsible gaming tool usage increased 41% year over year—achieving the highest participation rate in company history.

IGB October data shows second consecutive month of 15% decline in bets.