Connect with us

News

Virginia jumps to 6th place according to the March sports betting report

Published

on

virginia jumps to 6th place according to the march sports

Richmond, Virginia skyline. Photo by Derrick Brooks

American newcomer to legal sports betting, Virginia, closed her second full month of sports betting in March, and numbers from the Commonwealth support the notion that it will eventually become an elite jurisdiction. The Virginia Lottery reports bullish sports betting numbers from March that don’t make it into the top tier of legal sports betting states but certainly cement their status near the top tier of tier two.

The legal sports betting situation in Virginia, launched on January 21, has improved in time to take advantage of the Super Bowl. Throughout all of this, Virginia officially passed the more established Colorado jurisdiction as sixth on the betting-friendly state list, with Illinois not yet reporting March.

March toward $ 300 million

The Virginia Lottery reports an impressive donation of $ 304.1 million in March for its online-only sports betting platform. That figure is 14.4% higher than Virginia’s first full month of legal sports betting in February, when the Commonwealth’s sports betting in a month hampered by a short 28-day betting period, one weekend less sports betting, and the end of the sports betting promotion, NFL season posted $ 265.8 million.

The first eleven days of sports betting in Virginia resulted in a profit of $ 58.9 million in January.

Gross gaming revenue was $ 26.5 million thanks to an 8.74% win rate. Sports betting in the state reported promotions and bonuses of $ 10.34 million and other deductions of $ 2.4 million, resulting in adjusted gross sales of $ 13.5 million for Virginia in March.

Positive adjusted sales are a story in itself for Virginia. March marks the first time in the history of short sports betting in Virginia that profits have been reported.

Thanks to a federally-friendly tax rate of 15%, the Virginia Treasury and local coffers raised $ 1.18 million from profits, nearly four times the $ 300,594 they made in February.

Basketball rules

Much like the other participating states in the US for legal sports betting, basketball was the big story in March. Although March Madness was unable to bet on schools in Virginia, he still brought in $ 83.6 million in Commonwealth sports betting, which is roughly 27.5% of the total.

The professionals also brought in their fair share. While the NBA will continue to get its share of betting attention going forward, the absence of the NCAA basketball tournament could lead to a basketball betting hangover in March madness. We hope that a full betting menu in April will carry the legal dynamic of sports betting in Virginia.

Market expansion

Only five sports bets went online on January 21st – BetMGM, BetRivers, the two national DFS giants and William Hill. WynnBET was quickly accepted into the Virginia family on March 12th, and Kindred Group’s Unibet joined the party on April 28th, giving Virginia bettors seven prime options to consider.

Golden Nugget, Bally’s Corp. and Penn National Gaming’s Barstool Sportsbook are on deck for launch, although firm dates have not yet been announced.

New laws passed in the Virginia legislature also pave the way for up to 18 sports bets for the state’s legal betting scene. The law goes into effect July 1st and hopes the Virginians can take advantage of the Summer Olympics when they actually take place.

National numbers expected to approach the record

The surge in sports betting in March wasn’t just a boon to state and local sports betting. The total number of national handles should approach, if not exceed, the record of $ 4.36 billion posted in January. We’re just waiting for Illinois, a state that reported a $ 510 million handle in February.

Assuming Illinois matches the February grand total (it almost goes without saying that they will beat it), it puts the national handle on track to hit $ 4.6 billion, which is the January grand total easily dwarfs. The March national handle will also increase the number of bets collected in the U.S. since the 2018 Supreme Court decision lifted its general ban on sports betting to a whopping $ 52 billion.

The legal sports betting scene in Virginia still has some work to do, and once it is there, its market is expected to end up in the top 10 legal sports betting jurisdictions consistently. Virginia has impressed so far – no reason to believe they won’t continue down this path for the foreseeable future.

Source * www.sportsbookreview.com – * Source link

News

Montreal Canadiens coach Dominique Ducharme symptom-free, hopes to return in days

Published

on

montreal canadiens coach dominique ducharme symptom free, hopes to return in

MONTREAL – Canadien’s interim coach Dominique Ducharme said on Sunday that he had remained symptom-free two days after testing positive for COVID-19 and that he hopes to be back behind the bench during the Stanley Cup semi-final series in Montreal against Vegas.

Ducharme wore a dark blue collared Canadiens shirt, white hair and a familiar short stubble on his chin and spoke to reporters from an unknown location during a 12-minute video conference, his first comments since his mandatory isolation.

“I wish I could be on the rink now. I don’t feel any different than I did a week ago,” said Ducharme as the Canadiens prepared to host Vegas in Game 4 on Sunday night.

Montreal has a 2-1 lead in the series, Game 5 in Vegas is scheduled for Tuesday. If necessary, Game 6 will be played in Montreal on Thursday and Game 7 in Vegas on Saturday.

1 relatives

Ducharme was asked if he would have to spend 14 days in isolation.

“I’m confident I’ll be back before that,” he said.

Ducharme said he was fully vaccinated against the coronavirus and would end the two-week waiting period after his second vaccination on Wednesday.

It is unclear whether 48-year-old Ducharme will be able to return at this point.

“Until then, nothing has been confirmed. The organization is in contact with the authorities. It is a unique situation. We have been isolated since December,” said Ducharme in French.

Ducharme said no one he had contact with, including his girlfriend, tested positive. He said he was following NHL COVID-19 protocols when the Canadiens traveled to Vegas last week to open the series.

The Canadiens were restricted to certain areas of their Vegas hotel and had to take the bus to and from the ice rink.

Montreal, a member of the NHL’s Canadian North Division, is the only Canadian team to cross the line this season after teams were restricted to play within the division in the second round of the playoffs.

“It’s frustrating because I did everything you asked us to. I never exposed myself. I was so unlucky,” said Ducharme, who is in daily contact with his team and employees by phone and video call.

This is the second straight postseason that Montreal assistant Luke Richardson has had to step in in an emergency. Last summer, Richardson and former assistant coach Kirk Muller shared coaching duties after Claude Julien was hospitalized with chest pain after the first game of the Montreal-Philadelphia first-round series.

Julien missed the rest of the playoffs and resumed coaching that season before being sacked and replaced by Ducharme on February 24th.

It was difficult for Ducharme to watch out of isolation as the Canadiens recovered in Game 3 on Friday with a 3-2 win in extra time after two one-goal deficits.

“You feel helpless to watch and hope for the best. It’s a strange situation,” said Ducharme. “A special situation, but it was a special year. We’ve been through a lot. And we’ll get through that.”

The Canadiens had the worst record of the NHL’s 16 playoff qualifiers before upsetting Toronto and Winnipeg in the first two rounds.

The Golden Knights have already seen this scenario this postseason. Colorado Avalanche coach Jared Bednar missed a morning skate due to a COVID-19 test irregularity and was released in time to coach in Game 6 of the second round series against Vegas.

Source * news.google.com – * Source link

Continue Reading

News

Brooklyn Nets Guardian Spencer Dinwiddie wants to turn down the $ 12.3 million player option

Published

on

brooklyn nets guardian spencer dinwiddie wants to turn down the

Brooklyn Nets Guardian Spencer Dinwiddie plans to turn down the $ 12.3 million player option on his 2021-22 contract and become an unrestricted free agent before the deadline on Monday, sources told ESPN’s Adrian Wojnarowski.

Dinwiddie missed most of the season with a cruciate ligament injury in his right knee and appeared in just three games. He tried to possibly get back to the NBA final, but the Nets were eliminated by the Milwaukee Bucks in the Eastern Conference semifinals on Saturday.

Dinwiddie, 28, has had a history of ACL injuries. During his junior year in Colorado, Dinwiddie tore his left ACL in one game and missed the rest of the season.

1 relatives

Dinwiddie was a key player for Brooklyn last season, starting in 49 games when Kyrie Irving and Caris LeVert were out injured. He averaged 20.6 points and 6.8 assists in the 2019-20 season but was diagnosed with COVID-19 in late June and did not travel to Orlando with the Nets to restart the season.

The 6-foot-5 Dinwiddie has averaged 12.9 points and 5.0 assists over portions of seven seasons with the Nets and Detroit Pistons.

Source * news.google.com – * Source link

Continue Reading

News

The Uganda Olympic trainer tests positive for Covid after arriving in Japan

Published

on

Uganda Olympic Committee President Donald Rukare said the unnamed trainer had no symptoms. It is not yet clear whether the trainer, who is in a government facility, will be banned from participating or sent home.

The entire Ugandan Olympic delegation, which includes 26 athletes and 30 staff, has been fully vaccinated with two syringes of AstraZeneca, Rukare said.

Many received their second dose of the vaccine this month, about three months after receiving their first dose, Rukare said.

The eight others who arrived with the Covid-positive trainer have traveled to Izumisano City in Osaka Prefecture, where they will be housed, according to Izumisano City official Hideo Takagaki. Rukare said the octet is in a bubble and is being tested daily.

Japan's leading Covid-19 advisor says holding the Olympics without spectators is "he wishes"

More athletes and employees of the Ugandan Olympic team are expected to arrive in Japan in the coming days.

Ugandans are among the first to arrive in Japan ahead of the Tokyo Olympics amid security concerns as the country battles a fourth wave of Covid-19. The Asian host nation has fully vaccinated less than 7% of its population, and doctors are warning that an Olympic super-spreader event could bring Japan’s overburdened medical system to the brink. At least 10,000 of the 80,000 people who have signed up for help with the Games have already stopped, and Japan’s top coronavirus advisor said Friday that hosting the Olympics with no spectators would be “desirable”. Uganda’s Olympic athletes are some of the first people in the African nation to receive the vaccine – Uganda has one of the lowest vaccination rates in the world, with only 2 doses per 100 people. The country of 45 million people is currently battling a second wave with reported cases up 130% in the first two weeks of June. Uganda also has a relatively high test positive rate, with 19% of tests being positive according to Johns Hopkins University, suggesting that authorities are not covering all Covid-19 cases. This week has the Uganda Rugby Union tweeted that the Sevens national team withdrew from an Olympic qualifier in Monaco after reporting Covid-19 cases within the team.

Source * news.google.com – * Source link

Continue Reading

Trending News