It seemed like we’d never get legal sports gambling in West Virginia back. Then just like that DraftKings Sportsbook and FanDuel Sportsbook show up on our mobile devices and all is right in the Mountain State.
It seemed WV sports gambling might not reach its full potential after recent stretches. The last five weeks have been different, however, because NFL and college football stocks has favorably influenced the Mountain State’s overall betting handle.
With just days until the recurrence of WVU and Marshall soccer, the launch of 2 sportsbooks bring betting access to the entire state, regardless of location.
FanDuel’s mobile sports gaming program started on Monday and has been the first available gaming program in the nation in some time.?? DraftKings launched its online betting app.
This is fantastic news for the market in addition to the two gamblers from the state. WV residents are able to place wagers rather than having to hike to one of only three retail sportsbooks from WV.
The retail sportsbooks are holding their own of late, although sports and manage wills surely increase betting revenue in WV.
Handle remained over the 2 million mark for the week ending Aug. 17.
Earnings figures were striking, too. Sportsbooks created a profit for its fifth-straight week by bringing in nearly $375,000.
This week’s record includes activity from Aug. 11-17 for all five??WV sportsbooks:
Wheeling Island Sportsbook and mardi Gras Sportsbook remain closed. Neither paid wagers that were of any settled out this week.
Prior to the very first sports betting figures are reported, it will be two weeks.
Here are the??most recent figures??published by the WV Lottery Commission because WV sports betting revenue??tracking began in August 2018:
It turned out to be a good week for sport. It’s apparent that soccer season is bringing more residents to the windows. Though handle really dropped marginally, sportsbooks took in a high superior total of $2,129,799.42.
Revenue figures also have been doing well. Sportsbooks made $374,142.57 for the week of Aug. 17, which was a 92% increase from the previous week.
Despite not hitting last week’s complete, the sport stayed more than $2 million for just the second time in fourteen days. With football season , bettors in the state have been making trips to the retail sportsbooks.
Hollywood Casino led the way even though it came up just shy of the figure of last week as well. Its sportsbook has approved over $1.4 million in wagers in just four of the last five weeks.
Mountaineer Casino completed second and managed to build onto its deal from a week past. Weekly, it took in almost $300,000 in bets.
The Greenbrier had nearly $41,000 in manage for the week. It was over $1,000 of the full of its prior week.
Here is the way the WV sportsbooks position for weekly handle:
Together with FanDuel and DraftKings, the market share in WV could start to change moving. The Greenbrier has taken a back seat in the sports gambling picture that it’s a personal hotel.
Now that it will be incorporating an online sportsbook The Greenbrier could start to gain some traction. Obviously, the Hollywood Casino and DraftKings partnership are in prime position to continue leading the marketplace.
For the month of July, online sports earned approximately 85 percent of the total deal of the Garden State in NJ. That’s a enormous amount of the market.
DraftKings began out in New Jersey on top but lately was unseated by FanDuel. What exactly does this mean to West Virginia? Time will tell.
It is a great indicator of what is possible with sportsbooks Although the percentage in WV won’t be high .
The nation’s had a good run of late in terms of revenue. It has currently made cash in weeks, four of which have been over $190,000.
Sportsbooks were able to nearly double this, after gaining nearly $ week.
Hollywood Casino led to earnings also, as it created a staggering 91% of the total earnings of the state for the week. The sum of $341,000 is the highest net gain since March of its sportsbook.
The two active sportsbooks were in the dark Though they saw their revenue reduced by roughly half of last week’s.
Mountaineer Casino created a bit while The Greenbrier added about $6,000. The Mardi Gras Casino along with the two Wheeling Island didn’t cover any wagers for your week as mentioned.
Here is how the WV sportsbooks rank for revenue that is weekly:
With DraftKings and FanDuel entering exactly the same untapped market they will battle it out to the top app of WV. Even though this might mean anxiety for the operators, the gamblers in the country will benefit.
In order to draw clients, both DraftKings and FanDuel will possess welcome bonuses and promotions. As they are looking to beat each other it is possible that their offers in WV might be better than what they’ve done in the past.
WV bettors will be able to ascertain which new-player offer may be better for them and go from that point. With football season here it will be significant for each sportsbook to get in a short time period as many clients as you can.
College football got underway this weekend with a few games. This Saturday marks the first full slate of action.
The new season in the home equally opens . DraftKings NJ gets the following odds to these games:
The NFL season is just about here. Bettors have some opportunity to get stocks and their season-long props .
According DraftKings NJ, these players have the best odds of directing the NFL in rushing yards to:
Chris Imperiale covers the internet casino industries and sports gambling. He was previously on staff in Bleacher Report and has a journalism degree from Rutgers University.
Bet with your head, not on it. When you have a gambling issue call 1-800-GAMBLER.
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