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 $166.2m total.
WEST VIRGINIA SPORTS BETTING AND IGAMING WAGERS: APRIL 2021 (US$)
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.
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