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West Virginia approves sports betting regulations

25th June 2018 9:17 am GMT

The US state of West Virginia has moved closer to launching sports betting after the West Virginia Lottery Commission approved new regulations.

The new regulations were approved at an emergency meeting of the West Virginia Lottery Commission last week.

Per the West Virginia Sports Wagering Act which passed into law in March, land-based casinos will be eligible to secure sports betting licences at a cost of $100,000, with a 10 per cent tax on gross wagering revenue.

The new regulations allow [...]

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