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Online casinos from West Virginia get record revenue in February

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1 year ago

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BetMGM Casino and FanDuel Casino registered $6.4m in revenue.

The state’s online casinos recorded $12.4m in revenue.

In February, West Virginia’s online casinos set a new record with $12.4m in revenue, up 55% from the same period last year.

BetMGM and FanDuel accounted for $6.4m in revenue, or 51.6% of the total, while the state’s five physical sportsbooks recorded a loss of over half a million dollars on $4.3m in bets.

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This marks the fifth straight month that the state’s online casinos have generated at least $10m in revenue.

The West Virginia Senate recently approved Senate Bill 62, which would allow racetrack casinos in Kanawha, Ohio, Hancock, and Jefferson counties to establish satellite locations.

The bill passed by a vote of 25 to 8 and now moves to the House of Delegates. If approved, interested racetrack casino owners would need to receive approval from their county commissions and hold a countywide referendum.

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Jerome, a valuable addition to the Gamingo.News team, brings with him extensive journalistic experience in the iGaming sector. His interest in the industry was sparked during his college years when he participated in local poker tournaments, eventually leading to his exposure to the burgeoning world of online poker and casino rooms. Jerome now utilizes his accumulated knowledge to fuel his passion for journalism, providing the team with the latest online scoops.

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