Betr granted sports wagering license by Virginia Lottery

Licensing

Betr has been granted a mobile sports wagering license by the Virginia Lottery, making Virginia the third state to approve the microbetting platform.

Betr, which was co-founded by social-media-star-turned-boxer Jake Paul, is also currently licensed in Ohio and Massachusetts. It was one of two mobile platforms to post a positive net revenue in January when including promotional spend during Ohio’s monstrous mobile launch and plans to go live Friday in Massachusetts as part of another multiple mobile sportsbook launch.

“We’re thrilled to receive approval for our sports betting license in Virginia, and appreciate the seamless work with the Virginia Lottery Board to bring our product to customers in Virginia,” said Joey Levy, co-founder and CEO of Betr, in a statement. “This is an important milestone for us and we can’t wait to bring our differentiated product experience to sports fans throughout Virginia.”

Betr did not specify a launch date in the Old Dominion other than stating its real money betting app will be available to users “soon.” Betr also has market access to Indiana via Caesars Southern Indiana but has yet to be licensed by the Indiana Gaming Commission

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