Virginia Releases Sports Betting Market Share Data for Jan-Nov 2022 – bet365 Close to Launch

Report also includes wagering activity by sport

Virginia Releases Sports Betting Market Share Data for Jan-Nov 2022 - bet365 Close to Launch - Friday, January 27th, 2023 10:45

Mobile sports betting on smartphone

During a quarterly meeting of the Virginia Lottery Board, it was revealed that bet365 are moving closer to announcing an official launch date and could be accepting wagers ‘very soon’.

Virginia Releases Sports Betting Market Share Data for Jan-Nov 2022 - bet365 Close to Launch Virginia Releases Sports Betting Market Share Data for Jan-Nov 2022 - bet365 Close to Launch from January 2022 through November. According to these figures FanDuel had the largest market share of 41.08%. DraftKings followed with 23.06% with BetMGM taking third place with 18.3%. 888 had the smallest market share with just 0.07%.

BetMGM issued the most promotions throughout the year with 33.9% of all promotions attributed to its sportsbook while FanDuel issued 27.4% of all promotions in the state.

Pro basketball was the most wagered on sport in the state throughout the first 11 months of the year attracting 22.3% of all wagers. Next on the list was pro football with 15.73% of all wagers. Parlay wagers accounted for 20.7% of bets made throughout the year.

Virginia Releases Sports Betting Market Share Data for Jan-Nov 2022 - bet365 Close to Launch
Natasha Lyndon
Virginia Releases Sports Betting Market Share Data for Jan-Nov 2022 - bet365 Close to Launch