RICHMOND, Va. (WRIC) — Sports activities Illustrated Sportsbook offered checks to Traditionally Black Faculties and Universities (HBCUs) and enterprise organizations within the Richmond space this week to point out help for minority companies as part of the betting enterprise’s licensing settlement.

SI Sportsbook and its mother or father firm 888 Holdings offered checks to HBCUs and numerous “native minority companies” within the Richmond space yesterday. An announcement mentioned it will be the primary of many future donations in Virginia.

SI Sportsbook gave $50,000 to the Virginia Hispanic Chamber, $50,000 to the Virginia Asian Chamber of Commerce, $50,000 to the Metropolitan Enterprise League, $25,000 to Hampton College and $25,000 to Virginia Union College.

SI Sportsbook acquired its license from the Virginia Lottery to supply authorized on-line betting in November of 2021 and introduced the official launch of SI Sportsbook in Virginia in Could 2022, in line with a press launch.

In keeping with the corporate, it bought entry to Virginia’s sports activities betting market by teaming up with Digital Leisure Companions (VEP) an authorized small, women-owned, and minority-owned enterprise that acquired particular licensing consideration underneath Virginia sports activities betting legal guidelines. As a part of the license, the corporate agreed to offer again to minority companies and traditionally black faculties and universities.