Following a recent uptick in chatter, a state lawmaker this week made the first step toward legalizing Virginia sports betting. Delegate Mark Sickles pre-filed a bill onto the 2019 calendar aimed at repealing constitutional prohibitions against sports betting and online lottery ticket sales. Sickles is not the first to suggest the idea; Delegate Marcus Simon discussed it last month. While sports betting bills have become almost commonplace…
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The American Gaming Association (AGA) is reporting that the NBA and MLB will get a $1.7 billion revenue increase from legal sports betting. In total, the AGA anticipates legal sports betting will boost profits for the four major pro leagues by $4.2 billion. The AGA bases the forecast on work done by Nielsen Sports. This adds to the figures previously published for the NFL and…
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