Virginia sports wagers hit $2 billion and expects to license five additional companies soon

The Virginia Lottery has licensed 10 companies to take sports bets in the state, and an additional five are expected be entering the market soon.

Those extra slots were the result of a General Assembly action in the spring, and the lottery said during its board meeting this week that it was currently vetting applicants for those spots.
Sports betting has already proved wildly popular in the state, and September ended with the state having recorded $1.965 billion in wagers since legal sports wagering started in January, meaning the state crossed the $2 billion mark sometime in early October.

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