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Online casinos in West Virginia generated $17.80 million in revenue in April, according to the West Virginia Lottery’s latest report.
Since the West Virginia gaming regulator issues weekly reports for the iGaming activity, April revenue is estimated based on the average daily activity. The latest report includes online casino data for the 30 days of April.
April revenue was still behind the $20.68 million that West Virginia online casinos reported in March. That was the first time the state had passed the $20 million mark since launching iGaming almost four years ago.
Although the April revenue figure shows a nearly 11.07% monthly decrease, it still represents a successful period. It is also significant progress from April 2023’s iGaming activity totaling $13.03 million.
West Virginia’s April 2024 revenue figures show monthly drop for first time this year
During the first two years of online casinos in West Virginia, which went live in July 2020, state operators couldn’t surpass $10 million in monthly revenue. However, revenue started to improve in the second half of 2022, setting new single-month records several times.
The fourth quarter of 2023 was even better, with October and December numbers exceeding $15.5 million.
The beginning of this year has been the strongest revenue-wise, with West Virginia online casinos showing monthly progress during the first quarter. Here’s how the revenue from iGaming activity fluctuated so far:
- January: $16.36 million (3.24% monthly increase)
- February: $17.46 million (14.07% monthly rise)
- March: $20.68 (10.78% monthly increase)
- April: $17.80 million
Since July 1, 2023, West Virginia online casinos have made a total revenue of $156.66 million in fiscal year 2024. They have also paid nearly $23.50 million in privilege taxes and over $19.77 million to the state. Our US iGaming revenue page shows how West Virginia revenue compares with other legal online casino states.
Charles Town and Greenbrier dominate the WV online gambling market
Each online casino in the state contributed to the relatively successful April.
All four operators licensed to offer online casinos in West Virginia reported month-over-month declines from the record-setting March.
According to the West Virginia Lottery’s latest revenue report, here’s how much each of the licensees generated in April:
- Mountaineer (partnered with BetRivers and Caesars): $2,885,634 (16.2% market share)
- Mardi Gras (and its partners WynnBet and Betly): $657,947 (3.7% market share)
- The Hollywood Casino at Charles Town (with DraftKings Casino, PointsBet and Barstool): $7,087,274 (39.8% market share)
- The Greenbrier (BetMGM, FanDuel and Golden Nugget): $7,166,971 (40.3% market share)
West Virginia could soon face online gambling expansion
West Virginia entered into the Multi-State Internet Gaming Agreement in November 2023. The move will allow online poker enthusiasts in the state to compete against those in the other states that are part of the agreement:
- Delaware
- Michigan
- Nevada
- New Jersey
The state still needs to launch these sites. West Virginia legalized online poker with online casinos nearly four years ago, but no operators offered the activity.
The West Virginia Lottery’s executive director, John Myers, said the sites are expected to launch later in 2024, as the process could require several months.
