Hollywood Casino West Virginia Sports Betting

• Sports betting in West Virginia has been active since August of 2018.
• Hollywood Casino at Charles Town Races was the first WV sportsbook to open.
• The Mardi Gras Casino and Wheeling Island Casino both suspended their sports betting operation on March 7, 2019.

Hollywood Casino West Virginia Sports Betting Numbers

CHARLESTON, W. Va. – Sports betting in West Virginia has proven to be a popular activity since it first went live in August of 2018. Since that time, residents and visitors of the state have wagered close to one billion dollars and leading the way is Hollywood Casino at Charles Town.

In December 2018, West Virginia also became the third state with legal online sports betting, however the first of the WV sports betting apps had to cease operation in the beginning of 2019. West Virginia first set out to legalize sports betting in the state in the March of 2018.

The popular racino was the first to open a sportsbook in the state and have comfortably held the lead in terms of revenue ever since. This is highlighted by last month's figures.

The Company's West Virginia sports book will be managed by William Hill US, the largest sports betting operator in the United States. Wilmott, Chief Executive Officer, commented: 'Penn National is excited to soon begin offering sports wagering for our customers in West Virginia. Sports betting is officially live in West Virginia! Hollywood Casino at Charles Town Races took the first bet on Thursday morning, a couple days earlier than planned for the launch of WV sports betting. The West Virginia Lottery Commission then put in place rules and regulations and the Hollywood Casino at Charles Town Races took in West Virginia's first sports bet on Aug. The first bet was placed at the venue on the Marshall and West Virginia University game. Players can wager on this and many other games at the casino now that sports betting is official a go. Right now, a $50 futures bet on West Virginia University to win the National Championship will pay out $30,050 at 60 to 1 odds.

According to the West Virginia Lottery's revenue report for the month of March, Hollywood Casino was able to bring in a total handle of more than two million dollars and retain a little more than $300,000.

Coming up in second place in terms of total handle was the Mountaineer Casino with over $600,000 in bets placed, however, the sports book came out of the month in the red. The sportsbook was unable to retain any profit and instead came in at -$3,365.55 in total retail revenue.

The Greenbrier was able to generate more sports betting revenue than the Mountaineer Casino last month, despite having a smaller total handle and having a private sportsbook.

Hollywood Casino's only other sports wagering competitors, Mardi Gras Casino and Wheeling Island Casino, suspended their sportsbook operations on March 7, 2019, and have not confirmed a return date.

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Both locations are also still paying out bets placed before the suspension. These bets include ones that were made on the BetLucky sports wagering app since the mobile platform was also owned by the racinos parent company, Delaware North.

Since Hollywood Casino at Charles Town Races launched their sportsbook, they have accrued nearly 93% of the total revenue for West Virginia sports betting.

The number is staggering until you put the pieces together. When looking in terms of weekly revenue since September of last year Hollywood casino averaged ($324,388.48) followed by the Greenbrier at ($36,248.25) then Wheeling Island at ($-472.75), Mountaineer Casino at ($-3,365.55) and finally Mardi Gras ($-6,183.80).

With two of the state's five racinos unable to take in sports wagers, one unable to turn a profit, and another that is closed to the public, it is no wonder why Hollywood Casino seems to be burying its competition.

However, based on these numbers, if West Virginia hopes to capitalize on the state's legal sports betting market through taxes they will need the other sportsbooks to either re-open, perform better, or introduce a mobile sports wagering app once more.

News tags: Hollywood Casino | West Virginia | West Virginia sports betting | WV revenue

– In his career, Hasan has worked both local and state government positions—including the Attorney General's Office in Florida. On top of being familiar with the legislative process, he has also been researching and writing on the legality of sports betting across the US. Outside of work you'll most likely find him producing or playing music, playing sports, or working on creative writing projects. You'll also catch him at Doak Campbell Stadium cheering on the Noles.

West Virginia officially has sports betting, including online wagering, in 2020.

FanDuel Sportsbook is live with its sports betting app in West Virginia as of August 2019. DraftKings Sportsbook joined FanDuel a few days later and is live as well, giving West Virginians access to two of the most popular sportsbooks outside of Nevada. Most recently, BetMGM joined the market.

The Mountain State became the fifth in the US to offer legal sports betting in August 2018, following New Jersey, Delaware, Mississippi, and Nevada. It became the third with legal online sports betting as of December 2018, though it endured a six-month outage in 2019 before finally returning to service.

West Virginia Sports Betting in 2020

Legal sports betting options in West Virginia

If you want to bet on sports in West Virginia, you have a variety of options:

WV sports betting apps

There are currently three online sportsbooks available in the state:

• DraftKings Sportsbook: One of the top betting options in several states, the daily fantasy sports and sportsbook offers a full sports betting app in West Virginia.
• FanDuel Sportsbook: Another DFS company and a top competitor of DraftKings, FanDuel is the leading sportsbook brand across the country right now in terms of amount wagered.
• BetMGM Sportsbook: The app from MGM Resorts International, which operates casinos and sportsbooks around the country, is now live in the state.

Sportsbooks at WV casinos

Hollywood Casino West Virginia Sports Betting Odds

There are five casinos that can offer WV sports wagering at retail locations

• Hollywood Casino was the first to go live and is the online partner of DraftKings.
• FanDuel is operating the sportsbook at the private resort, The Greenbrier.
• Mountaineer Casino in New Cumberland launched a sportsbook in 2019, but does not have an online platform.
• Mardi Gras Casino and Wheeling Island launched their retail sportsbooks in 2018. They also launched a now-defunct app available via BetLucky.com. After being shuttered for most of 2019, the two properties finally reopened their betting windows in 2020.

Recent WV sports betting news

Hollywood Casino Sports Betting West Virginia

The Mountain State became the fifth in the US to offer legal sports betting in August 2018, following New Jersey, Delaware, Mississippi, and Nevada. It became the third with legal online sports betting as of December 2018, though it endured a six-month outage in 2019 before finally returning to service.

West Virginia Sports Betting in 2020

Legal sports betting options in West Virginia

If you want to bet on sports in West Virginia, you have a variety of options:

WV sports betting apps

There are currently three online sportsbooks available in the state:

• DraftKings Sportsbook: One of the top betting options in several states, the daily fantasy sports and sportsbook offers a full sports betting app in West Virginia.
• FanDuel Sportsbook: Another DFS company and a top competitor of DraftKings, FanDuel is the leading sportsbook brand across the country right now in terms of amount wagered.
• BetMGM Sportsbook: The app from MGM Resorts International, which operates casinos and sportsbooks around the country, is now live in the state.

Sportsbooks at WV casinos

Hollywood Casino West Virginia Sports Betting Odds

There are five casinos that can offer WV sports wagering at retail locations

• Hollywood Casino was the first to go live and is the online partner of DraftKings.
• FanDuel is operating the sportsbook at the private resort, The Greenbrier.
• Mountaineer Casino in New Cumberland launched a sportsbook in 2019, but does not have an online platform.
• Mardi Gras Casino and Wheeling Island launched their retail sportsbooks in 2018. They also launched a now-defunct app available via BetLucky.com. After being shuttered for most of 2019, the two properties finally reopened their betting windows in 2020.

Recent WV sports betting news

Hollywood Casino Sports Betting West Virginia

Hollywood Casino West Virginia Sports Betting Poker