West Virginia sports betting handle rises 8.7%

West Virginia sports betting handle rises 8.7%

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.