Ranking West Virginia Casinos By Revenue Per Square Foot

Written By Corey Sharp on October 23, 2023 - Last Updated on October 24, 2023
Image of a casino floor for a story about the most profitable West Virginia casinos per square foot.

West Virginia is home to five casinos that have tons of gaming space for guests. All of them are similar in size, but do produce different amounts of revenue.

It is interesting that there are casinos smaller than others, but record more earnings in the Mountain State.

Only four of the five casinos report slot and table game revenue to the West Virginia Lottery. The Greenbrier, which is a private facility, does not.

PlayWV breaks down the revenue per square foot at each West Virginia casino open to the public.

How we got our rankings

The ranking system is rather easy. PlayWV took the amount of revenue earned from slots and table games at each location in 2023, through September, and divided it by the square footage of the gaming floor at the casino.

1. Hollywood Casino Charles Town: $1,392.63 per square foot

Hollywood Casino Charles Town is actually one of the smaller facilities in the Mountain State. The location is 181,000 square feet, with 2,000 slots, 74 table games and a live poker room.

The casino has generated the most revenue by far out of the four establishments that report on slots and table games. It recorded $252.1 million in earnings through September of this year. That comes out to $1,392.63 per square foot.

Hollywood Casino Charles Town is the only WV establishment that makes more than $1,000 per square foot.

2. Mountaineer Casino: $930.53 per square foot

Despite offering only 1,000 slots, which is the third-most in the state, Mountaineer Casino comes in second for average per square foot.

The facility has produced the second-highest amount of revenue, with a total of $72.6 million. Mountaineer is the smallest casino in terms of square footage, which is why it’s also second in total average at $930.53 in revenue per square foot.

3. Mardi Gras Casino: $822.36 per square foot

Mardi Gras Casino has the smallest casino with a 65,000-square-foot gambling space, but even though it came in fourth in total revenue at $53.5 million so far this year, the casino averages $822.36 of revenue per square foot.

4. Wheeling Island Casino: $628.72 per square foot

Wheeling Island Casino has generated the third-most revenue, but is the second-largest casino in West Virginia. This is not a recipe for a high revenue per square foot average.

The Wheeling casino has amassed $62.9 million in revenue across its 100,000-square-foot casino floor, which comes out to $628.72 in earnings per square foot.

All of these casinos offer other entertainment areas such as restaurants, bars, hotels and sportsbooks that are not factored into these numbers.


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Corey Sharp

Corey Sharp is the Lead Writer at PlayWV bringing you coverage of the WV online casino market in the Mountain State. Corey is a 4-for-4 Philly sports fan and previously worked as a writer and editor for the Philadelphia Inquirer and NBC Sports Philadelphia.

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