Following Slower October Sports Wagering in West Virginia Rebounds with 8.7% Increase

Sports Wagering West Virginia Increase

  • WV sports wagering forces receive good news in November after disappointing October
  • Difficult to ascertain definitive reasons for the modest increase during the month
  • With room for new customer growth & football continuing, prosperous Dec. anticipated

Up to CAN$100 in Bet Credits for new customers at bet365. Min deposit CAN$5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.Bet restrictions and T&Cs apply. New and eligible customers only. 18+. Fixed odds.

A bit of welcome relief was enjoyed by sports wagering forces in West Virginia as numbers in November improved after a somewhat disappointing October report.

During the month, the total sports betting handle was $48,532,442, reflecting an increase of 8.7% from October’s total of $44.6 million. By comparison, the increase is 47.2% of the total handle of $33 million in November 2019. The state’s current record for one individual month is $77 million, recorded this September.

As expected, online wagering accounted for the most significant share of the handle in November with $28.4 million, accounting for 58.5% of the action. The online handle also showed a noticeable increase in the previous month vs month and year vs year comparisons. It is curious though that the 58.5% online share is somewhat lower in comparison to what other US states have experienced for iGaming.

November’s figures were up 6.6% from October 2020, when the handle was $26.6 million. Also, this November 2020 number increased 74.8% from the previous November total of $16.3 million in sports betting revenue. November’s revenue total was $4.4 million. A 17.8% increase from October’s $3.7 million. It increased 92.5% from the November 2019 total of $2.3 million.

Different from most other states, West Virginia applies its sports wagering figures weekly instead of monthly. Therefore, the statistics posted for November reflect the period of November 1-28, with the October figures reflecting the period and weeks October 4-31.

Why the Increase

It is difficult to exactly pinpoint the reasons for the increase as they are more of speculation and opinion compared to fact.

With both the NFL and NCAA College Football in full swing during each month, it would seem an opportunity to prosper continually. Perhaps momentum was building, or some new sign-ups occurred to help generate some extra success. Also, incremental college football has been made available during November, with more college teams beginning their schedule through the long COVID-19 delays in scheduling.

West Virginia is one of four US states that offer a full suite of iGaming. An opportunity to wager upon both house-banked online casino games and peer-to-peer poker. The others are Delaware, Pennsylvania, and New Jersey. Nevada offers online poker. Michigan is set to enter both online markets involving casino games and poker, tentatively scheduled to begin in January.

West Virginia began iGaming this Summer. DraftKings Sportsbook partnered up with the Hollywood Casino at Charles Town Racetrack to launch DraftKings Online Casino in July. Following that BetMGM and NetEnt have paired to partner with The Greenbrier Resort in White Sulphur Springs, West Virginia.

Overall, West Virginal has five sports wagering platforms to utilize including DraftKings Sportsbook, FanDuel, BetMGM, William Hill, and Betly.

With both NFL and NCAA football continuing and momentum building, along with room for new customer growth anticipated, it is expected that December’s West Virginia figures look to be promising.

Latest Sports Betting News

DraftKings to Oregon Fantasy Sports Bettors: No More DFS for You!
DraftKings to Oregon Fantasy Sports Bettors: No More DFS for You!
DraftKings has told Oregon bettors that as of Monday they will no longer take their Daily Fantasy Sports entries and we break down why.
27 July | 05:16 | Mike Lukas
Ronnie Johns Named Louisiana Gaming Control Board Chairman
Ronnie Johns Named Louisiana Gaming Control Board Chairman
Former state senator Ronnie Johns was just named chairman of the Louisiana Gaming Control Board and we take a look at the details.
27 July | 04:36 | Mike Lukas
Massachusetts House Passes Sports Betting Bill, Sends to Senate (Again)
Massachusetts House Passes Sports Betting Bill, Sends to Senate (Again)
For the second time in two years, the Massachusetts House has passed a sports betting bill and will now send it to the state Senate for approval and we break it down.
23 July | 02:59 | Mike Lukas

Larry Gibbs

Expert on Sports Betting Industry

Larry Gibbs is both a seasoned journalist and a respected online gaming industry consultant. His wry commentary & sharp analysis have appeared in numerous top gaming and sports wagering publications. He has also served as Vice President of US Gaming Services, a marketing research organization with 15 years of experience in US online wagering. He has spoken at noted gaming industry conferences including G2E, GiGSE, and NCLGS.

Email: [email protected]