Barstool Sportsbook Gets Nod In Virginia

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And then there were nine. 

Penn National Gaming’s Barstool Sportsbook became the latest to receive the go-ahead to operate its Virginia sports betting app after it received temporary approval on Monday.

The announcement comes just days after the sportsbook went live in Illinois. Virginia officials had previously announced tentative approval of Golden Nugget Online Gaming and Bally’s at the same time. 

The Virginia Lottery said last week in its first monthly report on sports wagering that the Old Dominion State saw a “successful” launch earlier this year. During a limited time window in January, from when it went live on Jan. 21 through the end of the month, Virginian’s wagered more than $58.8M on online sports gaming apps. They won more than $55M in bets.

Officials expect the tax revenue to increase once promotional bonuses and other related expenses subside. 

There are six operators up and running in Virginia. GNOG said yesterday it anticipates its site going live in the summer. 

Swift Action

Penn National acquired a 36% share of Barstool early in 2020 before it was known what a dumpster fire the year would be. In the weeks following the deal, Penn saw numerous physical casinos close due to COVID.  The gaming app helped keep business flowing, Jay Snowden, president and CEO of Penn National told reporters last year.

More Virginia News

On top of the rapid online sports betting expansion in the state, Virginia will also have a new sports betting location. NASCAR and WynnBET have announced that they will build a sports betting lounge at the Richmond Raceway, giving NASCAR fans a dedicated locale at the venue where they can enjoy live races and place wagers.

About the Author
Mary M. Shaffrey

Mary M. Shaffrey

Mary Shaffrey is a writer and contributor for Gaming Today with a focus on legislation and political content. Mary is an award-winning journalist who co-authored "The Complete Idiot's Guide to Government." She has spent more than 20 years covering government, both at the state and federal level. As a fan of the Baltimore Orioles and the Providence College Friars she feels cursed. Luckily she is a hockey mom too so her spirits aren't totally shot.

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