There’s a new option in mobile sports betting in Virginia. Colonials Down racetrack partnered with Australian PointsBet to set up a sportsbook in the state. According to PointsBet, they ventured into the state because they want players to access the fastest wagering app on the market. Also, the company intends to invest in Colonial Downs.
Bookie pay per head experts said that investing in US horse racing is suitable for PointsBet. It would allow them to increase their reach in the US. Also, PointsBet stated that they think that the opportunity for horse racing is the same as sports betting.
Colonial Downs also owns several Rosie’s Gaming Emporiums in Richmond and Hampton, according to pay per head bookie sources. In addition, bettors can wager on historical horse races via gambling machines.
Mobile Sports Betting in Virginia
Hannon accepts Colonial Downs carries a sound and unmistakable brand to the situation and said PointsBet has some brand working to do in Virginia.
Similarly, the organization’s first image minister is a natural face. Hampton local and NBA Hall of Famer Allen Iverson will address the sportsbook in notices and different advancements.
With the expansion of PointsBet, the Virginia Lottery has approved 13 sportsbooks to carry on with work in the state. They incorporate FanDuel, Draft Kings, BetMGM, and the Rivers Casino Portsmouth. Since starting in January, Virginians have put more than $2.3 billion in wagers, which have created more than $14.3 million in charge income for the state. The General Assembly authorized games wagering in April 2020.
According to bookie pay per head reviews, Colonial Downs Group utilizes more than 1,000 individuals across Virginia. Organization pioneers say the gathering has spent around $300 million in the state.