It seemed like we’d never become legal sports betting from West Virginia backagain. Then just like this FanDuel Sportsbook and DraftKings Sportsbook appear on our cellular devices and is at the Mountain State.
It appeared WV sports might not ever reach its entire potential after several recent hard stretches. The last five weeks have been drastically different as NFL and college football futures has positively impacted the overall betting handle of the Mountain State.
Now, with just days until the return of WVU and Marshall football, the launching of 2 sportsbooks bring gaming accessibility to the state, irrespective of location.
The mobile sports of fanDuel has been the very first available betting app in the state in some time and established on Monday.?? Two days after, DraftKings launched its online betting app.
This is excellent news for the market in addition to both gamblers from the state. WV residents are able to place wagers from their homes rather than having to hike to one of only three retail sportsbooks in WV.
The sportsbooks are holding their own of late, although sports and handle wills definitely increase gambling sales in WV.
Handle remained over the $2 million mark for the week ending Aug. 17.
Revenue figures were remarkable. Sportsbooks made a gain for its fifth-straight week.
This week’s record includes activity
Wheeling Island Sportsbook and mardi Gras Sportsbook remain closed. This week neither paid out wagers.
It’ll be two weeks before the online sports gambling figures have been reported.
Here are the??latest figures??published by the WV Lottery Commission since??WV sports gambling revenue??tracking began in August 2018:
It was a week for sport. It is apparent that soccer season is bringing more residents into the betting windows. Though handle actually dropped marginally, sportsbooks took at a excellent total of 2,129,799.42.
Revenue figures also have been doing well. Sportsbooks created $374,142.57 for the week of Aug. 17, which was a 92% rise from the last week.
Despite not hitting the total of a week, the sports betting manage in WV stayed more than $ 2 million to only the second time in fourteen days. With football season here, bettors in the country have been making trips to the retail sportsbooks a lot more frequently.
The way was headed by hollywood Casino though it came up just shy of past week’s figure too. Its sportsbook has accepted over $1.4 million in wagers in just four of the past five weeks.
Mountaineer Casino completed second and was able to construct on its deal. This week, it took in almost $300,000 in stakes.
The Greenbrier had almost $41,000 in manage. This was within $1,000 of the total of its prior week.
Here’s how the WV sportsbooks rank for weekly manage:
With FanDuel and DraftKings, the market share in WV can begin to shift moving forward. The Greenbrier has taken a back seat in the sports gambling picture in WV because of the simple fact that it is a resort that was private.
Now that it will feature an online sportsbook, but The Greenbrier could begin to get a grip. Obviously, the Hollywood Casino and DraftKings partnership are in prime position to keep on leading the market.
For the month of July, online sports brought in around 85 percent of the total deal of their Garden State Back in NJ. That’s a huge quantity of the marketplace.
DraftKings started out on top in New Jersey but recently was unseated by FanDuel. What does this mean for West Virginia? Time will tell.
It’s a good indicator of what’s possible with internet sportsbooks Although the percent in WV won’t be high .
The nation’s had a good run of late in terms of producing revenue. It made currency in weeks, four of which were over $190,000.
After gaining almost $ week, sportsbooks had the ability to almost double this.
As it created a 91% of the nation’s total revenue for the week, hollywood Casino led to earnings also. The sum of $341,000 is the highest net gain since March of its sportsbook.
Though they both saw their revenue, the two sportsbooks that are active were still in the black.
” The Greenbrier added around $ 6,000, mountaineer Casino made a bit over $26,000. As stated, both Wheeling Island along with the Mardi Gras Casino didn’t pay any wagers for your week out.
Here is how the WV sportsbooks rank for weekly revenue:
Together with both DraftKings and FanDuel entering the untapped market simultaneously, they will be fighting it out to the top online app of WV. While this may mean worry for the operators, even the gamblers in the country will benefit greatly.
In order to entice new customers The two DraftKings and FanDuel may possess welcome bonuses and promotions. Since they are wanting to beat on each other it’s likely that their offers in WV may be better than what they have done before.
WV bettors will have the ability to determine which new-player offer might be better for them and proceed from there. With soccer season here already, it is going to be significant for each sportsbook to get as many customers as possible.
College soccer got underway last weekend with a couple of games. This Saturday marks the first full slate of action.
Marshall and WVU both open the new season at home as favorites contrary to FCS competitions. DraftKings NJ has the odds for their own games:
The NFL season is all about here, also. Bettors have some opportunity to receive their props and stocks in.
According DraftKings NJ, these gamers have the best odds of directing the NFL in rushing yards to:
Chris Imperiale covers sports betting and the online casino businesses. He was formerly on staff in Bleacher Report and has a journalism degree from Rutgers University.
Bet with your head, not on it. If you have a issue, Telephone 1-800-GAMBLER.
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