West Virginia sports betting revenue falls 148 pct
The West Virginia sports betting market posted a staggering revenue drop of 148.2% month-on-month during June to US$377.5k.
US.- The gaming industry continues to evolve in the US and West Virginia sports betting segment is taking advantage. However, the market posted an astonishing drop during last month.
In June, West Virginia sports betting posted US$377,552 in revenue, a 148.2% drop month-on-month. Furthermore, total handle fell by 13%.
May revenue was US$937,065, which more than doubles last month’s figures. Then, the overall amount wagered by players was US$10.7 million, higher than June’s US$9.5 million.
Mobile sports betting
According to West Virginia Lottery Director John Myers, there hasn’t been significant movement in the mobile sports betting segment. He had recently advanced the process will delay the launch for weeks. He also explained they are studying the location of the system’s servers, to ensure they aren’t against the Act’s requirements.
“The location of one of the servers was in question during the testing period,” he said as quoted by MetroNews. “I think we have agreement among everybody that that needs to be located in the state of West Virginia in order to make sure that there is not an issue or violation of the Federal Wire Act.”
The servers are in Charles Town (bet server) and New Jersey (wallet server).
Penn National, Charles Town’s Hollywood Casino’s owner, is working with its sports betting vendor on a new app. “The dates we’re hearing now are probably in the fall. Anyone we talk to now is probably saying football season (September),” Myers said.
