It was an April to forget in the Mountaineer State, with double-digit declines in West Virginia sports betting handle and revenue as well as online casinos, or iGaming, during the month.
Overall, West Virginia sportsbooks reported a handle, or amount bet, of $38,527,343 during April, a 24.9% decline from March’s haul of $51,308,064 in a month-over-month comparison. There was a silver lining in the state’s year-over-year growth in betting handle, as handle last month represented a 7.4% jump from April 2022’s total of $35,864,019.
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As for iGaming, West Virginia operators saw $326,793,053 in handle and $12,148,142 in revenue, both of which were down substantially from the state’s totals for March.
Overall, West Virginia’s iGaming operators saw a 26.7% drop in handle (from $446,026,231 in March) and 25.5% in revenue (from March’s total of $16,298,985).
The state’s sportsbooks saw revenues from online sports betting and retail operators combined fall 41.5%, month-over-month, from $4,861,303 in March to $2,843,031 in April. West Virginia sportsbooks saw that total drop 19.4% from the $3,081,491 total from 12 months earlier.
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West Virginia Sports Betting, April vs. March
|Total handle||Mobile handle||Revenue|
|Change||Down 24.9%||Down 21.6%||Down 41.5%|
Note: West Virginia reports numbers weekly rather than by calendar month. April represents April 2-29; March represents Feb. 26-April 1.
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The amount wagered online with mobile sports betting apps in the state was $35,725,736 in April, down 21.6% from $45,557,798 in March.
How West Virginia’s 2023 Handle Stacks Up
Through the first four months of the year, West Virginia sportsbooks have raked in just under $179 million in wagers.
Overall, that sum represents a 13% drop over the state’s 2022 handle from January to April, which was just under $208 million.
As far as sports betting revenues are concerned, the opening third of the year’s total of $14.4 million was a 14% jump from 2022’s haul of $12.6 million, showing where the state’s wagering market has seen the most growth in the new year.
It’s safe to say that as we enter the summer slump, sportsbooks and iGaming operators in West Virginia are holding their own compared to where they stood a year ago.
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