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West Virginia April Online Casino Revenue Increases Over $6M From Last Year

Written By Katarina Vojvodic | Updated:
Man Flies Above Stacked Coins With Hand

Online casinos in West Virginia generated nearly $19.60 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 5.26% 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:

  1. January: $16.36 million (3.24% monthly increase)
  2. February: $17.46 million (14.07% monthly rise)
  3. March: $20.68 (10.78% monthly increase)
  4. April: $19.60 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.

Charles Town and Greenbrier dominate the WV online gambling market

Each online casino in the state contributed to the relatively successful April.

Three of four operators licensed to offer online casinos in West Virginia reported month-over-month declines from the record-setting March. Mardi Gras was the only place to show monthly revenue growth.

According to the West Virginia Lottery’s latest revenue report, here’s how much each of the licensees generated in April:

  1. Mountaineer (partnered with BetRivers and Caesars): $3,183,333.75
  2. Mardi Gras (and its partners WynnBet and Betly): $736,849.57
  3. The Hollywood Casino at Charles Town (with DraftKings Casino, PointsBet and Barstool): $7,830,024.49
  4. The Greenbrier (BetMGM, FanDuel and Golden Nugget): $7,843,319.95

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.

Photo by SvetaZi/Shutterstock
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Katarina Vojvodic

Katarina Vojvodic is a lead writer for PlayUSA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario’s online gambling industry for PlayCanada.com. Vojvodic holds a master’s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

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