Virginians have always had a strong passion for sports, which explains why they were so quick to embrace Daily Fantasy Sports (DFS) wagering. Continue reading to learn the history of DFS wagering in Virginia, how the locals enjoy placing bets, and potential developments in DFS gameplay within the state.
An Overview of Online Daily Fantasy Sports in Virginia
Unpredictably, Virginia became the first state to legalize daily fantasy sports with the passage of a legislation that set off a chain reaction. Presently, the majority of states in the United States have either enacted legislation resembling Virginia’s “Fantasy Contests Act” or have adopted a benign posture toward DFS activities within their borders.
Following the initial signing of the measure, numerous individuals lauded the Virginian government’s endeavors to establish regulations aimed at safeguarding consumers against potential exploitation. In addition, the act mandated that every operator undergo two annual independent audits, remit a licensing fee of $50,000, verify that participants are at least 18 years old, and prohibit fantasy site employees from engaging in public contests. Subsequent to this, numerous contemporary legislations pertaining to fantasy sports emerged across the nation.
A federal court’s classification of daily fantasy sports as a game of skill shortly after their legalization in Virginia further encouraged additional states to adopt a more permissive stance toward wagering on DFS sites. With regard to the future, it seems that Virginia is just beginning to embrace the pro-gambling movement that commenced in 2016.
College fantasy sports: Support the Hokies!
Virginia is home to a thriving collegiate athletics culture; however, among the collegiate programs competing in NCAA Division 1, the illustrious Virginia Polytechnic Institute and State University undoubtedly stands as the most successful. In addition to its academic prowess, Yale is also renowned for its collegiate football team, the Hokies. Because of their vociferous support, Hokies supporters have been voted by ESPN as the most terrifying audience to play in front of at Lane Stadium, where they frequently entertain over 65,000 spectators.
This support has been present for the Hokies for more than seven hundred victories and twenty-five consecutive bowl appearances, providing them with the nation’s greatest home-field advantage. It appears that the only difficulty collegiate football players from Virginia will face is the prohibition on selecting a team comprised solely of Hokies players.
The legislative history of daily fantasy sports
Throughout the majority of its history, the laws of Virginia have been antithetical to wagering. Although specific types of wagering have been sanctioned, casino-style gambling has consistently been avoided. Legislators, however, initiated efforts in 2019 to expand the range of wagering options, potentially signaling the conclusion of the zero-tolerance era towards gambling. We have compiled a chronology of Virginia’s wagering history up until the most recent occurrences below. To obtain further information regarding the wagering options available in the state of Virginia, please visit our specialized page on the subject.