Bally Bet sportsbook cancels bets for Georgia vs. Notre Dame game

Due to the game being rescheduled beyond the originally planned time (Wednesday at 8:45 p.m.), Bally Bet announced on Thursday they have canceled all bets on the Georgia Bulldogs vs. Notre Dame Fighting Irish game.

Bally Bet emailed customers on Thursday saying the wagers “have been voided in accordance with our House Rules.” The game is now set to take place on Thursday at 4 p.m.

Notre Dame was set to play Georgia in a College Football Playoff quarterfinal at the Allstate Sugar Bowl on Wednesday night. The game has been rescheduled for Thursday in the wake of a large-scale fatal attack in New Orleans which the FBI is investigating as an act of terrorism.

If you previously placed a wager on this event:

•    The funds from your voided bet have been credited back to your account. •    The event is now available with an updated date, and you can place a new bet on the rescheduled game.

“We apologize for any inconvenience this change may have caused,” the company said. “If you have any questions or need assistance, our support team is here to help.”

Virginia bettors dropped $760 million on sports in November

On Tuesday, the Virginia Lottery released its latest report on sports wagering activity in the Commonwealth. The report looks at revenue totals submitted by licensed operators for November.

Between Nov. 1 and Nov 30 bettors in Virginia wagered $760,965,450 on sports, that’s 19.1% higher than November 2023. The Old Dominion is currently host to 12 online sportsbooks: Bally Bet, bet265, BetMGM, Betr Sportsbook, BetRivers Sportsbook, Caesars Sportsbook, DraftKings Sportsbook, ESPN BET, Fanatics Sportsbook, FanDuel Sportsbook, Hard Rock Bet, and Sporttrade.

Sporttrade is the newest operator to open in Virginia launching in October.

In addition to mobile online operators, in-person betting is available at three retail sportsbooks: Hard Rock Hotel & Casino Bristol, Rivers Casino Portsmouth, and Caesars Virginia in Danville.

From the $760 million bet in November, $674,614,210 was paid out as winnings to bettors. After paying out winnings and other authorized deductions, sportsbooks combined held 11.35% as adjusted gross revenue (AGR), or $80,644,860.

State law places a 15% tax on sports betting activity based on each operator’s AGR. Ten operators reported net positive AGR for November, leading to $12.1 million in tax payments to the state.

Sports Betting vs Casinos

Sports betting revenue is a big leader in the state when it comes to gambling.

On Dec. 13, the Virginia Lottery released its report on casino gaming activity in the state for November. Gaming revenue from the three casinos during the month totaled $63.6 million.

As with sports betting, Virginia assesses a tax on casino revenue. The Virginia Lottery report shows $13.3 million in taxes was paid to the Gaming Proceeds Fund.