West Virginia sports betting revenue goes up

  • Sports betting in West Virginia has seen a massive surge in revenue in August.
  • This is attributed to the return of sporting leagues like the NBA and MLB.
  • W.V. also saw a boost from the reopening of popular retail sportsbooks.

CHARLESTON, W.V.West Virginia has continued to see a large influx of sports betting revenue as sporting leagues begin to return.

The remainder of the NBA season and the start of the postseason garnered a lot of betting revenue. The Mountain State was also helped by the reopening of major retail sportsbooks.

The August numbers show a steady increase in betting across the board, showing that sports betting is finally beginning to return to form in West Virginia.

Sports Betting On A Rise

West Virginia sports bettors have been extremely active in August as the official sports betting revenue report by the West Virginia Lottery Commission shows substantial growth.

According to the report, every week in August the Mountain State saw an increase. This was pushed even further with the reopening of retail sportsbooks periodically.

Initially, only the Mountaineer Casino, Racetrack & Resort, the Greenbrier, and the Charles Town Casino Hotel were operational.

Charles Town had the most in betting revenue. The retail sportsbook saw $1.6 million in betting handle in the during the week of August 1st, $1.9 million in the week of August 8th, $1.8 million in the week of August 15th, and $1.8 million in the week of August 22.

This accumulated in a revenue of $205,454.24 in August from one location.

Greenbrier brought in $80,633.22 in revenue, and Mountaineer saw $15,767.96 in revenue. Throughout the month, however, another sportsbook reopened. The Mardi Gras Hotel Sportsbook opened in the last week of August, taking a betting handle of $5,561 and a state revenue of just $113.33.

In total, the Mountain state saw a sports betting revenue of $307,549.75. The majority of the wagers were accumulated from NBA betting and those betting on the MLB.

With the NFL season beginning, the NBA postseason, and the remainder of the MLB season, in addition to the reopening of the Wheeling Casino Sportsbook, the legal sports betting market in West Virginia is only expected to continue to bloom.

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