Online Casinos in West Virginia Continue Growth as May Numbers Inch Upward

In May 2024, West Virginia's online casinos continued to perform well, generating $17.9 million in revenue. This figure represents a marginal increase of 0.007% from the previous month, following an exceptional record-breaking month in March, which saw revenues peak at $20.68 million.

Despite not matching the heights of March, May 2024's revenue stands as the second-highest monthly revenue in the history of West Virginia online casinos, underscoring the robustness of the industry.

Online Casino Revenue Breakdown (May 2024)

• Hollywood Charles Town (DraftKings Casino WV) – $7,408,289 in revenue, $1,111,243 in taxes.

• Greenbrier (BetMGM Casino WV & FanDuel Casino WV) – $6,427,087 in revenue, $964,063 in taxes.

• Mountaineer & Mardi Gras – $3,398,873 and $698,033 in revenue, contributing $509,831 and $104,705 in taxes respectively.

In total, the online casino sector generated $17,932,282 in revenue and paid $2,689,842 in taxes for the month.

Industry Growth and Stability

The online casino industry in West Virginia, now in its fourth year, has established a strong footing in 2024. Although the revenues in April and May did not surpass the March peak, these months remain among the highest revenue-generating periods in the state's iGaming history. This reflects the sector’s growing stability and consumer engagement.

Sports Betting Performance (May 2024)

• Total Handle: $32.95 million

• Revenue: $3.7 million

• Hold: 11.2% (up from 10.2% in April)

The competition for the top sportsbook licensee in the state remains intense between Hollywood Charles Town and Greenbrier.

• Hollywood Charles Town (DraftKings, ESPN Bet, Fanatics): Handle $14,923,345, revenue $1,349,768, taxes $134,977.

• Greenbrier (BetMGM & FanDuel): Handle $13,707,521, revenue $2,012,621, taxes $201,262.

• Mountaineer, Wheeling Island, Mardi Gras: Combined handle $4,320,749, total revenue $345,228, taxes $34,523.

Altogether, the sports betting handle for May reached $32,951,615, generating $3,707,617 in revenue and $370,762 in taxes.

As West Virginia’s online gambling market matures, both casino and sportsbook sectors continue to demonstrate resilience, growth, and strong tax contributions, reinforcing the state’s position as a stable iGaming hub in the U.S.