Thursday, April 22, 2021

Unibet awarded sports betting permit in Virginia

Unibet Interactive, Kindred Group's U.S. arm, was awarded a direct market access mobile sports betting permit in Virginia on Wednesday. After successful launches in New Jersey, Pennsylvania, Indiana, Virginia will be a key state in Unibet's East Coast expansion. Virginia is one of the largest states in the U.S. market and mobile sport betting is expected to reach over $370 million in annual revenues at maturity.

"Our aim is to go live shortly and we expect that the success we have seen in New Jersey, Pennsylvania and Indiana will of course follow in Virginia", says Manuel Stan SVP US, Kindred Group.

"We are very grateful to the Virginia Lottery for awarding us one of the seven stand-alone mobile sports betting permits in a very competitive process. We look forward to opening an office in Virginia, which will function as our third hub together with our offices in New York and New Jersey,” concludes Stan. 

Currently there are six online sports betting services available in Virginia that started launching in January:

Jan. 21, 2021 - FanDuel

Jan. 24, 2021 - DraftKings

Jan. 27, 2021 - BetMGM

Jan. 27, 2021 - BetRivers

Feb. 3, 2021 - William Hill

March 10, 2021 - WynnBET

Coming soon - Bally's

Coming soon - Golden Nugget

Coming soon - Barstool Sportsbook

Coming soon - Unibet