Betr Holdings announced that its Betr Sportsbook has officially launched in Virginia. It is the operator’s third online sports betting state after entering Ohio and Massachusetts.
Betr received its license in March, out of which the operators generated $28.2 million in revenue.
How much of that market share will go to Betr remains to be seen. Although Levy and Betr show internal optimism for its future markets and are eager to enter Virginia, the US operator didn’t show its best performance during July in the two states where it is live.
In Massachusetts, Betr announced a betting handle of $155,582 while ranking the lowest among the sports betting operators in the state. For the comparison, the top performer was Fanatics Sportsbook, generating $2.3 million in total bets.
Meanwhile, in Ohio, Betr stated its betting handle throughout July totaled $313,280, again placing it at the bottom of the Ohio operators’ list. DraftKings was the most successful, accepting $116 million in total bets.