West Virginia sports betting handle reaches $38.5m in April
The handle was down 11 per cent compared to the previous month.
US.- The West Virginia Lottery has reported that people in West Virginia wagered $38.5m on sports in April. The figure was down 11 per cent compared to March’s handle but up 7 per cent year-on-year. Some $35.7m was bet online, down 21 per cent from the previous month, while retail sportsbooks took $2.8m in wagers.
Revenue for West Virginia sportsbooks was $2.8m, 35 per cent less than in March. The state’s hold fell from 9.8 per cent in March to 7.2 per cent in April. The state, which has a 10 per cent tax rate, took $241,656, minus the administration’s share. The latest figures mean that West Virginia has collected $15.3m in sports betting taxes since sportsbooks launched in July 2019.
