West Virginia sports betting has officially hit a new low since losing two retail sportsbooks and the state’s only mobile option.
WV sports betting had another down week with handle and revenue figures falling. The trend will likely continue until online sports betting returns.
West Virginia sports betting has officially hit a plateau. Hope is on the way, though, as the WV Lottery approved five new online sports betting licenses.
WV sports betting market still has a pulse thanks to the Masters and one sportsbook is responsible for 98% of this week’s revenue.
WV sports betting reached just over $2.3 million in handle for the week ending April 6, the lowest it has seen since October.
WV sports betting posting a decline after an impressive report the week before. Even so, March Madness spurred the sportsbooks to another solid week.
March Madness helped West Virginia sports betting post impressive showings for both overall handle and revenue for the week ending March 23.
Figures continue to fall in the wrong direction for WV sports betting with exactly half of the Mountain State’s sportsbooks suspended.
Two WV sportsbooks and the BetLucky mobile sports betting app shut down resulting in a serious decline of handle for the week ending March 9.
WV sports bettings produced its second-highest revenue total one week before three WV sportsbooks closed thier betting window.