You are currently viewing West Virginia Online Casino Revenue Rises 22% in July

West Virginia Online Casino Revenue Rises 22% in July

The first legal online casino in West Virginia only launched in July 2020, after the state’s legalization of online casino gaming in 2019. Since then, several online casinos have popped up. One year on from the opening of the Mountain State’s first online casino, the combined total Online Casino revenue for West Virginia’s web-based casino sites rose by a whopping 22% in July.

A Brief Overview of West Virginia Online Casino Revenue

West Virginia is one of only a few states in the US to offer legal, licensed and regulated online casinos. If you are new to playing games like blackjack, poker, craps, slots, and roulette on web-based casino platforms, check out the best WV online casino sites at casinos.us to compare the different platforms and find the best online casino revenue for your taste and needs. With online casinos, you no longer need to travel to a brick-and-mortar casino. You can play your favorite games 24/7, and by playing on mobile devices, you can access online casinos no matter where you are.
A wide variety of casino games are offered in West Virginia. You even have the opportunity to play live dealer games, which provide a real authentic casino experience. You can play various table games, such as roulette, blackjack, and roulette, with a real-life croupier who is located in a studio.
You play the game in real-time, alongside other players, and you can interact with the dealer and the other players. All of the action comes in HD quality, allowing you to feel like you are sitting at a real-life casino table. Not every online casino in West Virginia currently provides live dealer games, but those that do are incredibly popular.
The online casinos in West Virginia offer generous promotions and bonuses, including welcome bonuses for new players. Many sites even provide no deposit bonuses, which means you can play games for free to get a feel for them before you start wagering. Lots of online casinos also provide regular players with loyalty rewards and ongoing promotions.
You can be sure all of the major online casino revenue in West Virginia are reputable and safe, and their games are fair because they are closely supervised and regulated by the West Virginia Lottery Commission. The casinos also use sophisticated security methods, such as SSL encryption, to make sure all players’ personal details and transactions are entirely secure.
The Rise in Revenue
According to PlayWV, the profits of online casino revenue in West Virginia in July 2021 were $800,000 more than they had been in June, resulting in a 22% rise. The July revenue of West Virginian online casinos totaled $4.7 million. The best month for revenue prior to that was in May 2021, with profits of around $4.3 million.
The figures for July 2021 indicate that West Virginia’s online casino revenue of at least $1 million each week for the first time since the market launched a year ago. The best week of July for revenue saw profits of almost $1.3 million.Which West Virginia online casinos brought in the most revenue in July 2021?
The two leading online casinos in West Virginia in July were BetMGM Casino WV and FanDuel Casino WV. Combined, they brought in a revenue of $2.4 million. The second-most popular online casinos in July in West Virginia were DraftKings Casino and Hollywood Casino.
DraftKings brought in revenue of nearly $1.9 million. As for BetRivers Casino WV, it took in about $150,000 more in revenue in July than in June.
How did the handle of different West Virginia online casinos compare?
Even though revenues were on the rise in July, in terms of the online casino handle, July actually saw a drop from June. If you are not aware, the casino handle is how much money is bet during a given time period. In July 2021, the handle for West Virginia casinos fell by 11% compared to the previous month.
The total wagers placed online totaled $135 million. DraftKings had a handle of around $63.4 million, while the handle of both BetMGM and FanDuel was around $63.1 million. Meanwhile, Mountaineer Casino’s Bet Rivers’ handle reached almost $9.2 million.
While that figure is very low compared to the bigger casinos operating in West Virginia, it was a handle increase from June, of about $2.7 million. Therefore, the latter casino site was one of the few to see an increase in the handle in July.