PointsBet, a well-known operator, announced that it will start providing sports betting in the state of Virginia. This brand is the latest to launch this type of entertainment in the state.
The move was made possible by a recent collaboration with the well-known brand Colonial Downs Group, which is a subsidiary of Peninsula Pacific Entertainment.
Peninsula Pacific Entertainment is based in California and owns as many as six Rosie’s Gaming Emporium locations throughout the state, as well as Colonial Downs Racetrack in New Kent County.
All of this was preceded by guaranteed licenses for the PointsBet and Colonial Downs Group issued by Virginia Lottery, and these licenses will allow them to launch their online sports betting offer in Virginia.
However, we must also mention that the presence of PointsBet in this state will be possible thanks to the collaboration with NBC Sports as well.
Also, thanks to this partnership, PointsBet will have the opportunity to add premium television as well as digital assets to its offer to promote the brand. Its sports betting offering is also present in New Jersey, Iowa, Indiana, Illinois, Colorado, Michigan, and West Virginia, and Virginia is the eighth.
Players in this state in October this year have invested an incredible $427.3m in sports betting, which broke the record, and the total amount invested since January has reached $2.39bn.
PointsBet USA chief executive Johnny Aitken gave his comment and he said: ”We are thrilled to be launching in Virginia with our partner Colonial Downs, now bringing our best-in-market technology to such a passionate sports community. Virginian sports bettors will now have access to the fastest online sports betting product with the most betting options, including robust in-play capabilities.”
Other Brands Present in the State
The 888 brand guaranteed a temporary license in Virginia for sports betting this month, which allowed it to launch its products. In addition to this brand, in the territory of Virginia, users can also meet FanDuel, which is owned by Flutter Entertainment. This brand has partnered with the Washington Football Team.
In addition to all of the above, DraftKings, Rush Street Interactive, Caesars, WynnBet, BetMGM, Kindred Group’s Unibet brand, Penn Sports Interactive, and Golden Nugget Online Gaming are also present in Virginia.
“PointsBet launches online and mobile sports betting in Virginia’’, igbnorthamerica.com, December 16, 2021.
The post PointsBet to Provide Sports Betting in Virginia Thanks to Collaboration with Colonial Downs Group first appeared on RealMoneyAction.com.