PointsBet Goes Live In West Virginia
PointsBet becomes the latest sportsbook to go live in West Virginia
PointsBet has continued with its expansion across the United States by adding the West Virginia sports wagering market to the list of states where it is live. The gaming company, based in Australia, announced it has received approval from the Virginia Lottery Commission. According to a press release, the PointsBet app is now live in the Mountain State.
West Virginia becomes the seventh state where PointsBet is live for online sports wagering. The company has previously launched in the Colorado, Illinois, Indiana, Michigan, and New Jersey sports betting markets. PointsBet gained market access via an agreement with Penn National Gaming that was confirmed in July 2019.
Johnny Aitken, PointsBet USA chief executive officer, said that launching in West Virginia “represents further progress for PointsBet.” Aitken added that the West Virginia sports betting market is “another tremendous opportunity we are excited to attack.” Commenting on what PointsBet will offer, Aitken said they would provide “this passionate, sports-loving community” with a service that is fast and reliable.
Aitken was also keen to stress how excited he was to introduce sports bettors in West Virginia to the “competitive advantages PointsBet possesses in owning our technology end-to-end.” This includes ease of use and a wide range of betting options, including NFL, NBA, MLB, NHL, WNBA, and PGA Tour contests.
The West Virginia sports wagering industry enjoyed a fruitful June. It posted a total handle of $29.92 million, which was an increase of 17.4% increase from May’s $25.48 million. The total handle recorded for the recently ended fiscal year was $518 million.
WEST VIRGINIA – You’re Welcome‼️
PointsBet is now LIVE in West Virginia.
— PointsBet Sportsbook (@PointsBetUSA) August 12, 2021
Revenue generated from WV sports betting was up 28.9% in June, a rise to $3.46 million from the $2.7 million in May.
PointsBet to also enter WV iGaming Market
According to a press release, PointsBet also plans to launch an online casino product in West Virginia by the end of 2021. This is pending obtaining the necessary license and approval from the state. PointsBet currently operates iGaming in Michigan and New Jersey.
West Virginia online casinos enjoyed a strong month in June for handle and revenue. The state experienced a 26.8% increase in June handle from May. Revenue increased approximately 10% to $4.73 million from the $4.3 million in May.
FanDuel online casino became the fourth to join the West Virginia iGaming market in early May. The app has been well received in the state and unlike other, larger states, it has little competition in the way of other iGaming operators. FanDuel slot games continue to be the most popular game for the operator, with table games coming in 2nd place. Additionally, Rush Street Interactive and Scientific Games revealed in July that they had agreed to a deal for online casino games on BetRivers Casino. New games on the site include slot titles Endless Treasures Jin Ji Bao Xi, Monopoly Megaways, 88 Fortunes, Chicken Fox and Bonanza Megaways.
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