Resurgence of the West Virginia Online Casino Industry: May 2024 Overview

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Internet Casino Gaming Revenue Totals $634.8 Million In May

Operators in the seven states that offer internet casino gaming combined to generate $634.8 million in gross revenue for May, with all seven generating at least $1 million in taxes for the first time. Rhode Island, which was the most recent state to launch (March), had its first seven-figure inflow into its state coffers after the Rhode Island…

Finance ・ 02 July 2024

Covers

Rhode Island Online Casinos Hit Record Monthly Revenue in May

In the second full month since iGaming was legalized in the Ocean State, the Rhode Island Lottery reports an 8.4% increase in net gaming revenue compared to April. Rhode Island hit a new iGaming revenue milestone in May, which marks the second full month of operation since online casinos were legalized in the Ocean State. In a report published by…

Finance ・ 03 July 2024

Gambling

West Virginia Online Casinos Produce Second-Best Month Ever

The industry has slowed a bit since March's record-breaking month of about $20.68 million, but May saw a bit of a resurgence. May 2024 figures are in and according to the West Virginia Lottery, the online casinos in the state combined for $17.9 million. It was just a 0.007% increase compared to April. Even with such a modest increase, this marked…

Finance ・ 17 June 2024

WDTV

West Virginia breaks state record, rakes in $20.68m of revenue in online gambling

BRIDGEPORT, W.Va (WDTV) - In March of 2024, virtual casinos hit a record $20.68 million in revenue which is a state record when it comes to online gambling. For comparison, West Virginia online casinos started in 2020, and in the first two years, the virtual casinos didn't even top $10 million. March's upward trend even produced over $3 million in…

Finance ・ 11 May 2024

US Bets

West Virginia internet casino revenue totals $16.2 million for April

The West Virginia Lottery reported internet casino gaming revenue totaled $16.2 million for April, a slight increase from last year. Revenue was up 3.4% from last year, mainly due to the efforts of BetRivers and Caesars Palace as well as Betly continuing its first year of operations through Mardi Gras Casino. The $428.2 million in wagering across…

Finance ・ 09 May 2024

WV News

West Virginia Online Gambling Industry's Record Breaking $20.68M Revenue in March 2024

Online gambling in West Virginia hit a new high in March 2024. This is a big achievement for the state, which started online casinos in July 2020. In March, the virtual casinos made a record $20.68 million. This is the highest amount the state has ever made from online gambling. Sports betting also did well in March. It brought in $4.41 million for…

Industry ・ 08 May 2024

Sports Casting

Virginia Casino revenues were up 13.5% in March for a total of $65 million

In Virginia, there are three physical casinos. They are the Hard Rock Hotel and Casino in Bristol, Rivers Casino in Portsmouth, and Ceasers Virginia. During March, these three casinos combined for $65 million in gaming revenue. That was up 13.5% percent from their revenue generated in February 2024. Additionally, these casinos paid $10.3 million in…

Finance ・ 08 May 2024

Gambling

West Virginia Online Casinos Hit $20 Million In Revenue For The First Time

launched in July 2020, and in March 2024, the state's industry reached a new peak. According to the West Virginia Lottery, online casinos in the Mountain State reported $20.68 million in revenue. This was a pivotal moment as this was the first time West Virginia had reached $20 million in revenue. As for sports betting, it generated $4.41 million…

Finance ・ 08 May 2024

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West Virginia Sets Internet Casino Records in March

The West Virginia Lottery reported an all-time monthly high for internet casino revenue in March, topping $20 million for the first time. Operators reported close to $24 million in revenue for March, an 87.1% increase year-over-year. It shattered the previous record of $18.2 million established last December and marked only the third time since…

Finance ・ 10 April 2024

US Bets

Will 2024 Bring Norfolk Casino Construction Progress?

The Norfolk Architectural Review Board is scheduled to review the Pamunkey Indian Tribe's proposed HeadWaters Resort and Casino plans in early January, according to reports. The meeting could jumpstart long-awaited construction of the planned casino. Voters in Norfolk approved a casino referendum in November of 2020, yet construction has yet to…

Law ・ 27 December 2023

The BayNet

Could Online Casino Gambling Become A Reality In Maryland?

MARYLAND - A new poll from MDBetting.com shows 75% of Maryland voters would be in favor of legalizing online casino gambling if it makes it on the 2024 ballot. According to a report by the Maryland Lottery and Gaming Control Agency, the state could generate more than $533 million in the first year if online casino gaming is legalized. Senate Bill…

Law ・ 08 December 2023

The Buffalo News

Online casinos lucrative but slow to catch on across US

ATLANTIC CITY, N.J. - In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the COVID-19…

Finance ・ 01 December 2023

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WTAE

Internet casinos thrive in Pennsylvania, West Virginia, New Jersey

In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the COVID-19 pandemic.So why hasn't it…

Finance ・ 28 November 2023

WOWK TV 13 News

Internet casinos thrive in West Virginia. So why hasn't it caught on more widely in the US?

ATLANTIC CITY, N.J. (AP) - In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the COVID-19…

Finance ・ 28 November 2023

The Northwest Arkansas Democrat Gazette

U.S. slow to adopt online casinos

ATLANTIC CITY, N.J. -- In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the covid-19…

Finance ・ 25 November 2023

english.elpais.com

Internet casinos thrive in six states. So why hasn’t it caught on more widely in the US?

In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7 billion in revenue for casinos and their affiliates, sent over a billion dollars in tax revenue to the state's coffers and helped keep Atlantic City's nine casinos afloat while they were shut down during the Covid-19 pandemic. So why hasn't it…

Finance ・ 25 November 2023

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Portsmouth’s casino made $23.6M in revenue in March

PORTSMOUTH, Va. (WAVY) - Rivers Casino Portsmouth saw $23.6 million in revenue this March, the latest monthly gaming report from the Virginia Lottery shows. That's down about a million dollars from February's report, which showed $24661600.84 for the new casino on Victory Boulevard that just opened in late January. March's earnings included $15.9…

Finance ・ 15 April 2023

Gamble USA

FanDuel Online Casino Now Available In West Virginia

FanDuel Online Casino joins the growing West Virginia iGaming market. FanDuel has launched its online casino app in West Virginia, becoming the fourth app to launch in the Mountain State. The operator joins a market that includes BetMGM Casino, BetRivers Casino, and DraftKings online casino. FanDuel gained market access in West Virginia via a…

Mobile ・ 07 May 2021

Gambling

FanDuel Online Casino is 4th to Join West Virginia Market

FanDuel's online casino app became the fourth to launch in West Virginia, joining a market that includes DraftKings, BetMGM and BetRivers. In partnership with The Greenbrier in White Sulphur Springs, FanDuel Casino went live on Wednesday. The app is now available on iOS, Android and web for casino players in or visiting the state, according to a…

Mobile ・ 07 May 2021