West Virginia sports betting handle and revenue drop in May

According to figures from the West Virginia Lottery, the state’s sports betting handle and revenue took a massive hit for the week of 11 May 2019.

The figures show that sports betting handle dropped to $2.2m, the lowest handle in the state since October.

After paying out just over $2.1m in winning bets, bookies in the state posted a loss of $10,807.

It’s important to remember that the West Virginia Lottery post sports betting figures on a weekly basis.

A closer look at the figures

The Hollywood Casino at Charles Town Races, The Casino Club at The Greenbrier and the Mountaineer Casino, Racetrack and Resort are the only land-based sportsbooks taking bets in West Virginia.

The sportsbook at the Hollywood Casino was the most popular bookie, taking $1.6m in bets and holding on to $25,052.

The Mountaineer Casino took $536,437 in sports bets and posted a loss of $38,982, making it the least profitable sportsbook in the state.

The FanDuel Sportsbook at the Greenbrier followed close behind, taking $42,301 in bets and generating $3,383 in revenue.

The drop-in handle and revenue can be attributed to the closure of two land-based sportsbooks and the state’s only mobile sportsbook in March.

Delaware North versus Miomni Gaming

In March, casino operator Delaware North suspended its online sports betting platform BetLucky.com due to a “contract dispute” with third-party technology supplier, Miomni Gaming.

Delaware North also suspended land-based sports betting operations at the Wheeling Island and Mardi Gras casinos.

In April, Delaware North issued a statement announcing it had filed a lawsuit against Miomni Gaming.

According to the Delaware North Press release: “Miomni Gaming and its chief executive officer fraudulently misrepresented its ownership of a key part of the BetLucky sports-wagering platform and breached the companies’ joint-venture contract.”

As a result of the lawsuit, West Virginian’s have been left without a mobile sports betting option which has significantly hurt the state’s sports betting revenue.

With that being said, in April the West Virginia Lottery awarded FanDuel, DraftKings and William Hill with online sports betting licenses, so it is only a matter of time until mobile betting makes a return to West Virginia.

For an in-depth look at each state’s sports betting statistics visit the BettingUS stats page.

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