Sports betting in West Virginia is officially back and its better than previously.
Due to both DraftKings Sportsbook and FanDuel Sportsbook, WV sportsbooks set record numbers for the overall gaming manage and revenue for the week of Sept. 7.
It wasn’t even a full week of action while previous week’s report included some activity from the internet platforms. Now that this week has seven days worth of wagers, we’re able to see the impact of betting apps.
They did not disappoint.
The WV market set a new record for a total handle with over $6 million in wagers. Before this past week, the Mountain State had never even listed per week with over $5 million. The previous high mark was set in January when WV sportsbooks took in almost $4.9 million bets.
Revenue figures reached new heights. Sportsbooks generated over $1.6 million, breaking the previous record set on Feb. 2. Novels created just shy of $950,000 This week. It had been speculated that a good deal of the profit was from accepting a lot of Super Bowl futures.
The two these records demonstrate just how badly WV wanted sportsbooks that are online. Legalizing sports wagering and opening retail places was a fantastic beginning, but so as to maintain a marketplace, there must be multiple online options.
Together with college football in full swing and the NFL, it’s possible these figures are only scratching on the surface of what the state can bring in from gambling. The numbers will increase, as the football season continues and more residents download legal sports gambling apps.
The marketplace is not done expanding, possibly. While PointsBet Sportsbook announced its plans to come to WV, william Hill Sportsbook is scheduled to release at some point.
This week’s report includes activity from Sept. 1-7 to the three WV sportsbooks:
It also includes activity for both WV sportsbooks that are accessible:
Mardi Gras Sportsbook and Wheeling Island??Sportsbook are shut but are still paying outside wagers that are settled. If either retail location reopens during the soccer season, we’re waiting to find out.
Here are the??latest figures??released by the WV Lottery??because WV sports betting revenue??monitoring began in August 2018:
It had been the busiest week in WV sports gambling history. Even sportsbooks’ handle grew. They totaled $6,040,154.66 in wagers, a 34% jump from last week.
Revenue figures were just as impressive. Sportsbooks made $1,664,243.87, a 147% increase from the week ahead.
Sportsbooks were expected to help raise the handle that was betting but not fast or this radically. The simple fact that the state was able to record its handle of those apps’ presence in history in only over a week is incredible.
Hollywood Casino headed the way with a large week. Its sportsbook totaled more than $4.3 million in wagers, almost as much as the whole handle out of a week ago.
Even though Hollywood has seen its handle exceed $3 million a few instances, it was not near topping $4 million.
Even though Hollywood and DraftKings are dominating the marketplace, it is essential to note that in two weeks, their market share plummeted approximately 10%.
It’s no coincidence the additional casino with a sports finished second for a week. The Greenbrier and its program have surpassed Mountaineer Casino in under fourteen days.
It managed to create more than $930,000 in stakes, the greatest handle it’s ever showcased.
Although Mountaineer doesn’t have an internet sportsbook however, it nevertheless had a week. Its location brought in nearly $800,000 in handle.
That can be Mountaineer’s best performance because it had roughly $1.1 million in wagers last March.
Here is the way the WV sportsbooks rank for weekly handle:
Regardless of the fact that the WV Lottery was from launching sportsbooks slow, it didn’t happen at the exact perfect time.
Football has become the sport and WV residents are not any different. Though there aren’t some teams in the state, there are.
NFL wagering is absolutely a massive portion of this week $6 million handle, but do not count school soccer out. With WVU soccer adored being another football program, the fall season is your very ideal opportunity for sportsbooks to earn money.
Only having an online alternative would increase gaming enough however, pairing these cellular books has made the sky the limit.
Along with the record-setting manage came a week of revenue production. WV sportsbooks created the most money in their history this week, taking in more than 1.6 million.
Naturally, Hollywood Casino headed the way . It earned more than $1.2 million, almost three times its revenue from last week.
That is the best week in terms of earnings of Hollywood. Its previous high was once its sportsbook made around $550,000 at Dec. 2018.
Mountaineer remained in second for revenue despite having a handle. Its sportsbook gained nearly $250,000 for the week. That is its best showing since March.
The Greenbrier came among the books that were active but nevertheless had a week that was wonderful. It also set a record for revenue, flying from its previous mark of around $82,000.
Even though Wheeling Island didn’t pay out any stakes this past week, Mardi Gras Casino dropped about $600.
Here’s how the WV sportsbooks rank for earnings that is weekly:
Typically, once the nation has a greater general handle, there’s a better possibility that the revenue figures will be higher. This is because the sports betting market is very volatile, but it checks most the time out.
Now that sportsbooks are re-established in WV, it appears that the handle is only going to continue to grow as DraftKings’ and the fame of FanDuel expands. With bets comes more opportunity for sportsbooks to produce extra revenue.
Beyond just volume sportsbooks accept a good deal more stakes than retail publications may see. For instance, someone isn’t likely to drive an hour to place a bet. With a sportsbook on your device, bettors are more likely to put modest wagers on things with odds that are longer resulting in a reduction.
Last week was a enormous week for WV school football programs. While Marshall believed late to get its second win of the season against Ohio WVU shot down NC State in the home and pulled the angry.
Together with the Thundering Herd to a bye this week, bets and all eyes will be centered on the Mountaineers. WVU opens its Big 12 Conference schedule this week with a matchup against the Kansas Jayhawks.
Regardless of its forgettable recent background, Kansas comes carrying out a record.
Here would be the Mountaineers’ chances this weekend at DraftKings and FanDuel sportsbooks:
WVU vs. Kansas
WVU football betting odds from DraftKings:
WVU football gambling odds from FanDuel:
The NFL football season’s next week proved to be a wild one. With loads of injuries this year is gearing up into one of the very unpredictable.
Though the majority of the regional teams are struggling thus far (Cleveland is not the only one with a success ), the year is still very youthful.
Here are the current odds at FanDuel and DraftKings, with a full slate of games coming in Week 3:
Cleveland Browns vs. Los Angeles Rams
Pittsburgh Steelers vs. San Francisco 49ers
Washington Redskins vs. Chicago Bears
Cincinnati Bengals vs. Buffalo Bills
Chris Imperiale covers sports betting and the internet casino businesses. He has a journalism degree from Rutgers University and was previously on staff at Bleacher Report.
Bet with your head, not over it. When you have a issue, call 1-800-GAMBLER.

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