WynnBet to launch sportsbook in West Virginia
WynnBet Sportsbook to Launch in West Virginia
WynnBet is the latest online sportsbook set to enter the West Virginia sports betting market. WynnResorts announced on Tuesday it has agreed to a deal with Delaware North to enter the Mountain State for online sportsbook and casino services. West Virginia becomes the 18th state in which WynnBET has secured market access of varying degrees.
WynnBet & Delaware North Background
WynnBet will enter the West Virginia market thanks to Delaware North, which is a global hospitality and entertainment company. They have a portfolio of regional gaming venues and operate two casinos in West Virginia – the Mardi Gras Casino and Resort in Nitro and the Wheeling Island Hotel-Casino-Racetrack in Wheeling. Both of the venues are located close to Charleston. At both properties, Delaware North runs retail sportsbooks. Additionally, Delaware North also operates Betly in addition to its own mobile sports betting app and website.
The WynnBet sportsbook is currently live in Virginia, New Jersey, Colorado, Arizona, Michigan, Indiana, and Tennessee. The sportsbook has some market access to 18 states total, which covers 44% of the U.S. population. The operator is also currently in discussions to gain access in seven more states, including Louisiana. If successful, this could result in the gaming company covering nearly 77% of the U.S. adult population.
West Virginia Sports Betting Market
In what appears to be a trend across the U.S., West Virginia saw a significant increase in sports betting activity in September. The return of NFL action and college football gave the industry a shot in the arm, with the state taking in $60.1 million in bets. This was a 168.8% increase from August’s $22.4 million.
September also saw West Virginia post a record for sports betting revenue, with the total revenue figure for the month coming in at $7.1 million, up 2448.2% from August’s $2 million.
Additionally, the iGaming handle in West Virginia also jumped in September, with West Virginia reporting a total of $232.1 million, an increase of 63.6% from August’s $141.9 million. iGaming revenue for September was $6.2 million, up 38% from August’s $4.5 million.
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