888 wins provisional licence from Virginia Lottery

Online gambling firm 888 Holdings said it had been awarded a provisional sports betting licence from the Virginia Lottery.

888 Holdings (DI)

25 April 2024 17:22:46

Source: Sharecast

888 will operate in the state via its partnership with SI Sportsbook from 2022.

"While a relatively new sports betting market, sports betting in Virginia has already experienced significant growth. According to the Virginia Lottery, to date over $1.95bn has been wagered, including $293m in September 2021 - a 61% increase on the month prior," 888 said on Wednesday.

In the US, 888 now holds local licences or market access agreements in nine states: Colorado, Delaware, Indiana, Iowa, Michigan, Nevada, New Jersey, Pennsylvania and Virginia.

Exchange: London Stock Exchange
Sell:
0.00
Buy:
0.00
Change:
-117.39
(-0.60%)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

Whether you're looking for a Share Dealing Account, Stocks and Shares ISA or a Self-Invested Personal Pension (SIPP), we've got an account to suit your needs.

IWeb is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.