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West Virginia sports betting revenue rockets in May

News

Regulated sports betting revenue in West Virginia rocketed by 69% month-on-month in May to $937,065 (£736,725/€827,996), while amounts wagered rose 4%.

Consumers in West Virginia placed $10.7m in bets last month, compared to $10.3m in April, while player winnings also increased from $9.5m to $9.6m.

The Penn National Gaming-operated Hollywood Casino at Charles Town Races remains the leading venue in the state by some distance, generating $672,070 in revenue from $7.64m staked.

Eldorado Resorts’ Mountaineer Casino ranked second with revenue of $222,736 and total wagers of $2.84m, while Greenbrier was the only other casino to post results in May, with revenue of $46,050 and a handle of $217,335.

Delaware North’s Wheeling Island Hotel-Casino-Racetrack and Mardi Gras Casino, the two other licensed venues in West Virginia, did not accept any wagers again last month as its sportsbooks remained closed.

Neither casino has processed any sports bets since early March as a result of an infringement dispute between technology partner Miomni Gaming and rival supplier Enterg Software Solutions. Delaware North has since terminated its sports betting contract with Miomni, and its online and land-based sportsbooks remain closed.

However, both the Wheeling Island Hotel-Casino-Racetrack and Mardi Gras Casino paid out on a number of bets placed prior to split, leaving them with minor losses for the month.

The two casinos had been the only venues offering mobile sports betting in the state. The launch of a DraftKings-powered app for Hollywood Casino has been delayed by the West Virginia Lottery Commission to ensure the location of the servers does not breach the Wire Act.

Image: Famartin