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WynnBet gains Virginia sports betting license


Casino and sports betting app WynnBet has been granted a license for the operation of online sports betting in the state of Virginia, it has been announced.

A division of luxury hospitality brand Wynn Resorts, the WynnBet mobile app will be made available to sports betting enthusiasts across the state.

The app boasts a user friendly interface social functionality built in, designed to appeal to a broad range of bettors.

“We appreciate the confidence the Virginia Lottery has in our ability to deliver a world-class, online betting experience for the people of the Commonwealth of Virginia,” Wynn Resorts’ president Craig Billings said.

Sports betting has only recently been legalized within Virginia, with House Bill 896 being finalized in the senate in April 2020.

Many operators have experienced success with their betting platforms since they went live in January of this year. FanDuel were the first to launch, but were quickly joined by the competition. $58.9m worth of sports bets were placed within the first 11 days of platforms going live.

Virgina becomes the tenth state to become a part of WynnBet’s expansion, joining New Jersey, Michigan, Colorado, Indiana, Ohio, Iowa, Tennessee, Nevada and Massachusetts.

WynnBet is also an authorized gaming operator of Nascar and the official online sportsbook of Martinsville Speedway and Richmond Raceway, and there are plans to soon launch their sports betting applications across the Commonwealth.

“We value our close relationship with Nascar and look forward to creating a new and exciting online betting offering for Nascar fans,” Billings added.