The Fanatics Sportsbook is formally stay in Virginia as of Nov. 21, 2023. The entry is among the many rising sportsbook’s most crucial states, because the commonwealth is residence to about 8.7 million residents, lots of whom stay in a few of the wealthiest counties in the complete U.S.
The Fanatic Sportsbook app is stay in Virginia, the cell app’s seventh state. Fanatics Sportsbook is increasing quickly following its acquisition of PointsBet earlier this 12 months. (Picture: Fanatics Sportsbook)
Fanatics informed On line casino.org on Tuesday that its sportsbook app is up and working on iOS and Android. Virginia marks the seventh state the place the Fanatics Sportsbook platform has launched following Kentucky, Maryland, Massachusetts, Ohio, Tennessee, and West Virginia.
The Fanatics Sportsbook payments itself as “probably the most rewarding on-line sportsbook.” To commemorate its debut in Virginia, Fanatics bettors this week will obtain a “Rewards Surge,” the place they’ll obtain as much as 5% again in FanCash, the sportsbook’s loyalty program. FanCash can be utilized for bonus bets or for eligible merchandise on Fanatics.com.
Based in 2011 by Michael Rubin, Fanatics is an American producer and on-line retailer of licensed sportswear for the NFL, MLB, NBA, NHL, Components 1, and NASCAR. In Could, Fanatics agreed to accumulate PointsBet’s struggling U.S. sports activities betting enterprise for $225 million. The provide beat out DraftKings’ $195 million tender.
Account Migrations
Former PointsBet customers in Virginia should obtain the Fanatics Sportsbook app to proceed their on-line wagering. As soon as downloaded and put in, customers can login into their Fanatics betting accounts with the identical credentials they used on PointsBet.
The launch comes simply in time for a busy sports activities calendar over the lengthy Thanksgiving vacation weekend. The turkey day sports activities smorgasbord features a full slate of school hoops and three NFL video games — the Inexperienced Bay Packers vs. the Detroit Lions, the Washington Commanders vs. the Dallas Cowboys, and the San Francisco 49ers vs. the Seattle Seahawks.
The Fanatics Sportsbook launch in Virginia comes per week after Fanatics debuted its sportsbook and on-line on line casino merchandise in West Virginia, which is one among solely six states the place iGaming with interactive slots and desk video games is permitted.
DraftKings and FanDuel are the largest gamers within the authorized U.S. sports activities betting trade, with respective market shares of about 45% and 32%. BetMGM is third at roughly 10%, and Caesars Sportsbook is fourth at 6%. That’s in response to SportsPro Media, a London-based analytical agency centered on sports-specific industries.
Fanatics Sportsbook controls a smaller share of the market. However analysts imagine the agency has room for progress due to the corporate’s intensive database of merchandise prospects, lots of whom might be transformed into bettors.
Accountable Gaming Initiative
Along with saying its Virginia sports activities betting graduation, Fanatics Sportsbook informed On line casino.org that the sports activities betting agency is partaking in a brand new accountable gaming marketing campaign. Fanatics, together with DraftKings, FanDuel, and ESPN Wager, debuted its accountable gaming marketing campaign focusing on the NBA, NHL, and NHL final night time throughout TNT’s NBA protection.
Referred to as “By no means Know What’s Subsequent,” the primary 30-second business encourages bettors to take part responsibly.
We love the sport as a result of something can occur,” the spot begins with a narrated voiceover. “There’s no positive factor. Each play, each shot, each swing is a danger in the event you guess. There’s no simple cash. There’s no lock. And nobody wins on a regular basis.”
“So, in the event you guess, guess responsibly, and all the time set a restrict,” the PSA concludes.
