To Top

West Virginia Online Casinos Keep The Heat Rolling In July

Written By Derek Helling on August 22, 2023
thermometer displays heat next to west virginia outlline

After posting their best single-month revenue total ever in June, West Virginia online casinos didn’t cool off much in July. July was almost as scorching when it came to the win from online slots and table games in the Mountain State.

July’s win total for the eight licensed online casino apps now stands as the second-highest in West Virginia history. While online sports betting has been in its traditional summer slump, there is a chance that real-money online casinos in West Virginia might extend their best two-month run ever.

West Virginia online casinos turn up the heat

Parts of the United States are currently seeing record heat. West Virginia online casino play has followed suit. The total for the month just beat out March for second place all-time. The July total stands about $2 million short of June’s $16.4 million record, though.

At the same time, July’s $14.4 million performance keeps 2023 on a hot streak overall. Out of the seven months of the year now on record, all but January and May now rank in the top five highest-earning months in West Virginia history for online casino play.

Although West Virginia online casinos just posted their best July ever, not everyone has been enamored with the performance. WynnBet recently shuttered its operations in the state, saying it wants to focus on the markets in which it has a physical casino.

However, there’s been more additions to the market than subtractions lately. Betly relaunched its online casino app, hoping to grab a bigger share of the market in West Virginia. Furthermore, Hacksaw Gaming debuted slots on BetRivers Casino and White Hat Gaming recently received a license to do the same.

Those enhancements could help West Virginia keep the temps high for online casinos as summer continues. It would be a welcome sequence of events as sports betting moves toward its busier season.

Sportsbooks post typical July numbers

July is usually one of the leaner months for sportsbooks in terms of both dollars coming in and staying with the books. This year was no exception in West Virginia.

According to Corey Sharp of PlayWV, sportsbooks in West Virginia took in just over $22.3 million in bets during July. That’s the lowest such total so far this year. That total is also a 13% drop from July 2022.

Out of that wagering total, sportsbooks kept just over $2.7 million. That equates to a very solid win percentage of 12.2% and is slightly more than July 2022’s revenue total. Because of that high win rate, the state took in $271,970 in taxes on sports betting activity.

If West Virginia online casinos can stretch their momentum, the fall and winter of 2023 might be the state’s most lucrative such seasons yet. Sports betting is set to pick up with the returns of college football and the NFL.

Even if online casinos start regressing to the mean, June and July were a show of their strength.

Photo by PlayUSA
Derek Helling Avatar
Written by
Derek Helling

Derek Helling is the assistant managing editor of PlayUSA. Helling focuses on breaking news, including finance, regulation, and technology in the gaming industry. Helling completed his journalism degree at the University of Iowa and resides in Chicago

View all posts by Derek Helling
Privacy Policy