- FanDuel - Sports betting.
- Sports Betting and iGaming Yet to Reach its Full Potential. In an interview with MarketWatch, FanDuel CEO Matt King commented on the impact of the pandemic on sports betting, the consequences for the business after sports betting was legalized in New York, as well as the company’s plans to go public. King anticipates this year’s Super Bowl.
Sports betting is well on its way in Virginia. We told you a little over two weeks ago that FanDuel became the first company to launch its mobile betting platform in the state. FanDuel (Business Wire) The wait is over for Virginians as online sports betting is now available in the Commonwealth. On Thursday, FanDuel, a popular online sportsbook, is now able to be used.
© Provided by WVEC-TV NorfolkSports betting is well on its way in Virginia.
We told you a little over two weeks ago that FanDuel became the first company to launch its mobile betting platform in the state. It followed legislation in Virginia legalizing sports gambling last July.
The timing of the announcement, and other companies like Draft Kings getting their licenses in Virginia just days later, was likely intentional.
After all, the biggest sports betting day of the year was coming up, which was Super Bowl Sunday.
Now that the big game has passed we’re getting an idea of just how popular the industry already is in the Commonwealth.
Fanduel Sportsbook
A spokesperson from FanDuel said their Sportsbook betting app was the third-most downloaded app behind TikTok and Robinhood Sunday.
While they couldn’t give specific numbers for VA because of competitive reasons, the FanDuel Director of Publicity, Kevin Hennessy did send us this statement:
“When Virginia launched, it was our most successful launch to date with more users on the first weekend than any state before it.”
Fanduel Sports Betting In Michigan
FanDuel was able to jump the competition on the first license in VA because of a partnership with the Washington Football Team.