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West Virginia sports betting revenue up again in October


Sports wagering revenue in West Virginia climbed in October as operators in the state were boosted by an increased usage of mobile betting platforms.

Overall market revenue for the four weeks through to 26 October amounted to $4.6m, with players spending a total of $29.0m on sports betting across retail and mobile.

Retail was the most popular form of sports betting, with revenue coming in at $2.7m for the month after consumers spent $16.3m at licensed venues in West Virginia. However, mobile shortened the gap with revenue of $1.8m and handle of $12.7m for the month.

Penn National Gaming’s Hollywood Casino at Charles Town Races remained the market leader, posting sports betting revenue of $3.5m for October and processing $19.1m in bets.

Hollywood Casino, which runs its sportsbook in partnership with DraftKings, was responsible for $1.3m of total mobile sports betting revenue in West Virginia last month, while retail revenue amounted to $2.2m.

Elsewhere, the Greenbrier private resort posted $552,011 in betting revenue for October, having taken $5.8m in wagers during the four-week period. Mobile was its primary source of income, with revenue standing at $519,380 compared to retail at just $32,631.

The William Hill Sports Book at Mountaineer Casino followed just behind with $535,361 in revenue, all of which came from retail as it does not yet offer mobile betting in the state.

Delaware North’s Mardi Gras and Wheeling venues stayed inactive after halting sports betting in March amid a dispute with technology partner Miomni. Both venues made minor losses in October after settling bets placed before March.

Wheeling paid out $2,730.75 in winning bets to customers, while its sister venue Mardi Gras posted a loss of $499.00 for the month as a result of settling winning wagers.

Image: Nannette Turner