West Virginia sports betting handle rises 8.7%

The majority of sports bets in November were made on mobile platforms.
The majority of sports bets in November were made on mobile platforms.

November’s sports betting handle in West Virginia was higher than October as well as November 2019.

US.- West Virginia’s sports betting handle rose 8.7 per cent in November after a slight dip in October.

The total sports betting handle in the state in November came to $48.5m, up 8.7 per cent from the $44.6m wagered in October.

The handle also meant higher revenues. In November, operators took $4.4m, a 17.8 per cent increase from October’s $3.7m and a 92.5 per cent increase from $2.3m in November 2019.

The majority of the bets were made on mobile platforms, which accounted for $28.4m, or 58.5 per cent, of the total handle.

The mobile sports betting handle rose 6.6 per cent month-on-month and 74.8 per cent year-on-year. In November 2019 just $16.3m was bet on mobile platforms.

An increase in online wagering is a trend that has been reported across various US states as markets adapt to the pandemic. Industry experts observe that its success depends on state regulations.