Yes, FanDuel operates legally in Virginia under the Virginia Lottery’s Sports Betting Act, which legalized online sports wagering in 2020. The Virginia Lottery Board oversees licensing, while the 2026 compliance deadline for mobile operators’ geolocation systems tightens enforcement. Operators must partner with licensed casinos, such as the Pamunkey Indian Tribe’s Hollywood Casino, to offer services.
Key Regulations for FanDuel in Virginia
- Licensing Requirements: FanDuel must hold a valid Virginia sports betting license, issued by the Virginia Lottery Board, with annual renewal contingent on compliance reviews.
- Geolocation Mandates: By 2026, all mobile sportsbooks must implement geofencing technology to restrict wagering to within state borders, verified through GPS and IP address checks.
- Revenue Sharing: FanDuel is required to contribute 15% of adjusted gross revenue to the Virginia Lottery’s Sports Betting Fund, earmarked for problem gambling programs and state infrastructure.
FanDuel’s entry into Virginia’s market followed the 2020 legalization, but operational constraints persist. The Virginia Lottery Board retains authority to suspend licenses for violations, including unauthorized advertising or failure to implement anti-money laundering protocols. Operators must also adhere to advertising restrictions, prohibiting inducements targeting minors or vulnerable populations.