Home > Finance > WV sports betting revenue reaches $13.8m in first half

WV sports betting revenue reaches $13.8m in first half

| By iGB Editorial Team
Sports betting revenue in West Virginia amounted to $13.8m in the first six months of the state’s fiscal year, with retail the primary source of income for licensed operators.

Sports betting revenue in West Virginia amounted to $13.8m (£10.5m/€12.4m) in the first six months of the state’s fiscal year, with retail the primary source of income for licensed operators.

Consumers spent a total of $144.5m and won $128.7m during the period, which included the six days to the start of the fiscal year on July 1. The reporting period ran for six months through to December 28, 2019.

Retail was responsible for $9.1m of overall sports wagering revenue during the period, with players spending $87.8m and winning $76.8m.

Mobile revenue stood at $5.0m for the six months, which returned to West Virginia in August 2019, when FanDuel rolled out a new app in partnership with The Greenbrier, closely followed by DraftKings.

The mobile market had remained dormant as a result of the dispute between Delaware North and Miomni Gaming. Delaware North’s BetLucky app, powered by Miomni, went offline less than two months after launching in December 2018.

Read the full story on iGB North America.

Image: Nicolas Raymond

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