• Loading stock data...
Monday, February 16, 2026

FanDuel Gets A Head Start

Ryan Armbrust, Cincinnati Enquirer

Confusion in the air caused premature excitement for Virginia bettors and sportsbooks awaiting the launch of legal sports betting in the state.

FanDuel Sportsbook tweeted Wednesday that it would go live in the state in “less than 24 hours,” but the company’s message was the first word of any launch date. 

  • FanDuel users in Virginia also received activation emails with language indicating a Jan. 21 launch. 
  • After the tweet was posted, the sportsbook amended the launch timeline to “soon.”

The Virginia Lottery released a statement clarifying that FanDuel was approved for the state’s first sports betting permit through its partnership with the Washington Football Team. 

The agency said that decisions on additional permits are “imminent” and that it expects that more than one sportsbook will be able to accept legal wagers in time for Super Bowl LV. Twenty-five sports betting operators applied in October to launch in Virginia. 

The potential launch comes after a failed first attempt to legalize sports betting in the state in 2019. 

The practice was eventually passed last year with backing from pro sports teams and neighboring states.

However, Virginia bettors cannot wager on Virginia college teams or the Olympics. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NBA Views Prediction Markets as the Same as Sports Betting

Adam Silver said Giannis’s Kalshi stake is permitted because it’s ”minuscule.”

DraftKings’ Profit Breakthrough Isn’t Enough for Wall Street

The stock market wasn’t impressed by DraftKings’ first ever yearly net profit.
Fanduel

FanDuel Joins DraftKings in Ditching Credit Card Deposits

Credit cards are “the most expensive forms of payment,” an analyst tells FOS.
Feb 8, 2026; Santa Clara, CA, USA; Bad Bunny performs during the half time show at the game between New England Patriots and Seattle Seahawks in Super Bowl LX at Levi's Stadium.

Cardi B Is Cautionary Tale for Prediction Markets

Whether she “performed” in the halftime show is a hotly debated topic.

Featured Today

Feb 11, 2026; Livigno, Italy; Jaelin Kauf of the United States during freestyle skiing women's moguls final during the Milano Cortina 2026 Olympic Winter Games at Livigno Aerials & Moguls Park

The Surprise Hit of the Winter Olympics: First-Person Drone Views

Tiny drone cameras have reshaped the Olympics viewing experience.
Feb 11, 2026; Milan, Italy; Madison Chock and Evan Bates of the United States skate during the Milano Cortina 2026 Olympic Winter Games at Milano Ice Skating Arena.
February 13, 2026

Olympic Figure Skaters Pay Out of Pocket for $9,000 Costumes

For four minutes on ice, stakes are high—and prices even higher.
February 11, 2026

Epstein Emails Show His F1 Ties Ran Deep

The sex trafficker’s circles included many of the biggest names in F1.
February 6, 2026

Milan’s Olympic Village Is Built for Performance—and Partying

Making Milan’s Olympic Village was a five-year sprint.
Sponsored

Olympic Hockey Betting Preview: USA and Canada Take Center Ice

Olympic hockey betting odds shift as USA and Canada dominate early action, per BetMGM’s 2026 Winter Games preview.
Jason Robins
February 7, 2026

DraftKings CEO Says Calls to Ban Prop Bets Are ‘Crazy’ 

Jason Robins also thinks DraftKings can dominate the prediction-market industry.
February 8, 2026

Kalshi Has Big Glitches During Super Bowl Due to High Demand

Kalshi struggled with deposit delays as Super Bowl traffic overwhelmed the market.
Sponsored

Olympic Hockey Betting Preview: USA and Canada Take Center Ice

Olympic hockey betting odds shift as USA and Canada dominate early action, per BetMGM’s 2026 Winter Games preview.
Fanatics Matt King
February 6, 2026

Fanatics Betting CEO: Why Prediction Markets and Sportsbooks Are Not the Same

“I think they will always be two distinct services.”
February 5, 2026

Welcome to the Prediction-Market Super Bowl

Hundreds of millions of dollars are being traded across many platforms.
February 2, 2026

Heat Must Pay Terry Rozier While on Leave

The Heat had been placing Rozier’s salary into escrow.
NYSE
February 2, 2026

Why Polymarket Has Huge Boom or Bust Potential in U.S.

Polymarket has been laying the groundwork for a major push in the U.S.