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WV sports betting revenue continues to climb in September

News

West Virginia’s sports betting market experienced further growth in four weeks to  September 28, as licensed operators reported combined revenue of $3.8m for the period.

Punters wagered a total of $25.6m on sports during the four weeks, which coincided with the start of the National Football League season on September 5, winning $21.4m in total.

Penn National Gaming’s Hollywood Casino at Charles Town Races, which runs its sportsbook in partnership with DraftKings, remains the market leader in West Virginia by some margin, posting $2.6m in revenue from a handle of $17.9m.

Hollywood Casino enjoyed a particularly successful week in the seven days to September 7, during which revenue totalled $1.2m, just shy of the state’s $1.3m over the four weeks to August 31.

Meanwhile, the William Hill Sports Book at Mountaineer Casino ranked second with revenue of $575,912, with punters wagering a total of $3.5m.

The Greenbrier private resort saw revenue for the period reach $531,337 after it processed $4.3m in sports bets.

The Delaware North-owned Mardi Gras and Wheeling venues remained inactive after shuttering sports betting in March amid a dispute with technology partner Miomni. Both venues made minor losses as a result of previously placed bets.

Mardi Gras posted a loss of $706.75 for the month, primarily due to paying out $622.75 in winning bets during the week ended September 7. Wheeling made a loss of $195.25 for the month.

Image: Nannette Turner