West Virginia Sports Betting

WV Sports Betting Provides A Boost To Video Lottery And Table Games

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West Virginia casinos saw an increase in revenue for both video lottery and table games in December.

It is the first time there’s been an upturn in December in almost seven years. The increase is in large part thanks to the five WV sportsbooks bringing more traffic to the casinos.

For the month, video lottery netted a total revenue of $43.42 million. It is up 10 percent from November and up 8 percent from December 2017.

Table games pulled in $3.25 million in revenue for the month, a boost of 13 percent from both November, as well as December 2017.

Thank you, WV sportsbooks

Since not much has changed for any of the WV casinos, the introduction of legal sports betting is thought to be the leading proponent of the revenue uptick.

Lottery Director John Myers commented on the increase in casino revenue to the Charleston Gazette-Mail.

“Sports betting has to help, of course, with more people coming in the doors and spending time.”

Currently, there are five operational land-based WV sportsbooks, one at each of the casinos in the state:

The revenue numbers have already started feeling the positive impacts of sports betting despite a few of the locations still being relatively new.

WV Sports betting profits

WV Sports betting revenue did pretty well in December, too.

As a whole, WV’s 10 percent tax brought in more than $230,000 for the state, which was a 76 percent increase from the previous month.

Hollywood Casino led all casinos in sportsbook revenue with $1.6 million. The William Hill Sportsbook at Mountaineer Casino finished second with more than $440,000.

The FanDuel Sportsbook at the Greenbrier, a private casino, took in just over $150,000, while the newest locations of Wheeling Island and Mardi Gras netted $99,845 and $45,273 in just a few days, respectively.

Mardi Gras and Wheeling Island also have the only mobile sports betting app on the WV market as well. Betlucky Sportsbook brought in $21,161 for Wheeling Island and just $1,341 for Mardi Gras.

For the first time, mobile betting revenue surpassed retail revenue for both Wheeling Island and Mardi Gras casinos in the latest weekly revenue report.

With only a short amount of time since its launch, however, it is difficult to take away any sustainable findings from these figures.

Casino management did say that the number of new customers on the Betlucky mobile app is about what they expected.

Even though BetLucky is a mobile app, it can also aid in boosting revenue at the casinos when winning sports bettors head to the retail sportsbook to pick up their winnings.

Lottery officials are currently helping the other WV casinos in preparation for their mobile app launches.

With 13 mobile sports betting licenses available, expect more mobile apps soon, including DraftKings Sportsbook and FanDuel Sportsbook. One thing is for sure, the outlook for WV casinos and sportsbooks is a bright one.

About

Chris Imperiale covers sports betting and the online casino industries. He has a journalism degree from Rutgers University and was formerly on staff at Bleacher Report.

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