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Online sports betting could be coming soon to the Commonwealth


Online sports betting in Virginia could be coming soon (WSET)
Online sports betting in Virginia could be coming soon (WSET)
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Virginia's first online sports betting licenses could be approved in the next few weeks, making it legal for Virginians to place bets on games from their phones

Fans may be able to place bets on the upcoming Super Bowl. The Virginia Lottery is overseeing the rollout of sports betting and right now they are getting ready to issue 12 licenses to companies to set up online sports wagering.

The Executive Director of the Virginia Lottery, Kevin Hall says it's no secret that betting has been happening here already but this is a way to do it responsibly.

"To make sure that there are some reasonable guard rails to make sure that for instance the underaged aren't using the apps. To make sure that there are some resources available for people that feel like they might be getting in over their head."

The General Assembly legalized sports betting last year, but it's taken time to develop all the rules and regulations. Some of those rules are that you have to be 21, physically in Virginia, and you can't bet on Virginia college teams. You also can't bet on the Olympics.

Halls says sports betting could bring up to $400 million to Virginia.

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A portion of the taxes will go towards programs to help people with gambling problems.


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