WEST VIRGINIA HITS RECORD SPORTS BETTING AND IGAMING HIGH IN APRIL

West Virginia’s regulated sports betting and iGaming market reached another high in April as total wagers increased to $182.0m.

Sports betting and iGaming wagers at the state’s five casinos for the five-week period ending May 1st rose by 10 per cent compared to the previous month’s record $166.2m total.

WEST VIRGINIA SPORTS BETTING AND IGAMING WAGERS: APRIL 2021 (US$)

Sports Betting iGaming TOTAL
Charles Town 14,406,465 78,353,793 92,760,258
The Greenbrier 15,436,283 64,788,139 80,224,422
Mountaineer 2,858,768 4,359,957 7,218,725
Mardi Gras 1,223,897 1,223,897
Wheeling 514,106 514,106
TOTAL 34,449,520 147,501,890 181,951,410

Justice Family Group-owned The Greenbrier took over as the new market leader for sports betting in April with wagers of $15.4m, of which $14.6m was derived online via FanDuel and BetMGM.

This was ahead of Penn National Gaming’s Hollywood Casino at Charles Town, which booked sports wagers of $14.4m during the month, comprising $9.6m from online via DraftKings and $4.8m from retail.

Century Casinos-owned Mountaineer Casino, Racetrack & Resort generated sports wagers of $2.9m in April, with retail wagers of $1.9m and online wagers of $971,432 from William Hill’s mobile app.

Delaware North’s Mardi Gras Casino generated a further $1.2m in sports wagers, comprised of $849,628 from retail and $384,269 from the Bet Lucky mobile app, while the sportsbook at Delaware North’s other venue in the state, Wheeling Island Casino, collected $514,106 in wagers, of which $449,370 was derived from retail and $64,736 from the Betly mobile app.

Overall, a total of $31.5m was paid out in sports winnings in April, alongside $77,583 in voided bets, leaving the five sportsbook operators with total taxable receipts of $2.8m.

Meanwhile, the state’s nascent iGaming market continued to hit new heights as wagers reached $147.5m over the five-week period, an increase of 20 per cent compared to the previous month.

Hollywood Casino and partner DraftKings led the way with iGaming wagers of $78.4m during the month, followed by The Greenbrier and partners FanDuel and BetMGM with $64.8m. Mountaineer contributed iGaming wagers of $4.4m following the launch of its partners William Hill and BetRivers.

A total of $142.7m was paid out in iGaming winnings during the month, resulting in revenue of $4.8m across the three licensed operators; $2.5m for The Greenbrier, $2.1m for Hollywood Casino and $254,885 for Mountaineer.

Gaming Intelligence

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