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WV sports betting revenue Dec 21

The general betting deal with continues to drop each week within the Mountain State. Because the WVU Mountaineers and faculty soccer common season ended, WV sportsbooks have continued to see a decline in wagers.

Each retail sportsbooks, in addition to on-line sports activities betting apps, had a tough week. Land-based books failed to succeed in $four million in deal with for the primary time in 5 weeks. They introduced in round $three.9 million.

On-line sportsbooks disillusioned, too. DraftKings and FanDuel managed simply $three.2 million in bets, their worst displaying in 9 weeks.

Whereas the weekly fall in deal with is regarding, sportsbooks had a great week by way of producing income. Altogether, they revamped $700,000, probably the most in additional than a month.

Surprisingly, it was the retail sportsbooks that earned probably the most cash. They pulled in over $550,000, their highest in eight weeks.

Then again, WV online gambling platforms didn’t have almost the identical success. They earned slightly below $150,000, which is their worst efficiency with reference to income in seven weeks after they misplaced cash.

This week’s report contains exercise from Dec. 15-21 from these WV sportsbooks:

WV sports activities betting income highlights

The next are the important thing takeaways from the Dec. 21 figures:

  • Hollywood On line casino continues to dominate
  • Retail earns greater than on-line sportsbooks
  • Soccer affecting deal with

The largest takeaway from this week’s report is the dominance that the Hollywood On line casino has proven. Regardless that its sportsbook usually leads the way in which in each deal with and income, it was considerably forward of all others this week for incomes cash.

In complete, its two sportsbooks made round $535,000 for the week. That is over 76% of the entire income generated in WV.

Hollywood’s retail ebook revamped $410,000 and its on-line app earned over $120,000. DraftKings surpassed FanDuel by almost $100,000 this week.

Whereas Hollywood’s cellular app made six figures, it wasn’t a great week for online sportsbooks in WV. It was DraftKings’ worst displaying in a month and FanDuel’s lowest income in seven weeks.

As they struggled to show an enormous revenue, retail sportsbooks noticed a resurgence. It was the primary time in eight weeks that they revamped $500,000.

This ends a two-week streak the place the net platforms generated extra income.

The WV market continues to fluctuate between retail and on-line wagering, nevertheless, they’re each trending downward recently. That is the third consecutive week during which the general deal with has decreased.

There isn’t a query that the lighter soccer schedule has had a detrimental affect on the variety of wagers positioned within the state. Since WVU soccer’s season ended early with no bowl sport look, bettors solely had the Marshall sport to sit up for.

With that previously and the NFL’s playoffs set to start out, it appears seemingly that deal with will hold dropping even with WVU basketball surging. WV sportsbooks will want a serious week of betting on this year’s Super Bowl to counter some potential sluggish weeks shifting ahead.

WV Sports activities Betting Abstract

Listed here are the latest figures launched by the WV Lottery Fee since WV sports betting revenue monitoring started in August 2018:

  • Deal with: $264,702,zero55.77
  • Income: $24,961,891.81
  • Taxes: $2,496,189.18

It was one other sluggish week for sports activities betting in WV. Total betting deal with totaled $7,136,714.86, which is a 5% drop from the week prior.

Income figures had been extra encouraging, although. Sportsbooks earned $702,121.28, a 67% improve from the earlier week.

WV sports activities betting income for the week ending Dec. 21, 2019

WV Sportsbook On-line Deal with Retail Deal with Whole Deal with On-line Income Retail Income Whole Income
Hollywood Sportsbook + DraftKings $1,725,935.15 $2,944,520.33 $four,670,455.48 $122,154.58 $411,735.59 $533,890.17
The Greenbrier + FanDuel Sportsbook $1,519,818.78 $113,513.00 $1,633,331.78 $27,452.81 $25,zero25.50 $52,478.31
Mountaineer Sportsbook N/A $832,927.60 $832,927.60 N/A $115,881.10 $115,881.10
Wheeling Island Sportsbook N/A N/A N/A N/A -$55.40 -$55.40
Mardi Gras Sportsbook N/A N/A N/A N/A -$72.90 -$72.90
Whole $three,245,753.93 $three,890,960.93 $7,136,714.86 $149,607.39 $552,513.89 $702,121.28

A Nearer Look At WV Sports activities Betting Deal with

The rankings for weekly deal with look similar to week’s previous. Hollywood On line casino leads all sportsbooks with nearly $four.7 million in betting deal with.

Whereas this determine is spectacular on the whole and in comparison with its opponents, it was Hollywood’s lowest in 9 weeks.

Its retail sportsbook accepted over $2.9 million in bets, whereas its DraftKings app was round $1.7 million.

The Greenbrier completed in second with greater than $1.6 million in complete.

Though its FanDuel platform accounted for greater than 93% of wagers, it didn’t have a terrific week. The web sportsbook has failed to succeed in $1.7 million in deal with in three weeks since hitting the $2 million mark.

Mountaineer On line casino positioned third after dropping again beneath $1 million this week.

Regardless of not having overwhelmingly spectacular betting figures, Mountaineer’s sportsbook is constant. That is the 15th straight week it’s taken a minimum of $800,000 in bets.

Right here’s how the WV sportsbooks rank for weekly deal with:

  1. Hollywood On line casino ($four,670,455.48)
  2. The Greenbrier ($1,633,331.78)
  3. Mountaineer On line casino ($832,927.60)
  4. Mardi Gras On line casino ($zero)
  5. Wheeling Island ($zero)

WV sports betting handle for Dec. 21

A Nearer Look At WV Sports activities Betting Income

Regardless that sportsbooks accepted fewer wagers this week, they made much more cash. Hollywood On line casino led for income as nicely by incomes over $530,000 for the week of Dec. 21.

As talked about, its two sportsbooks dominated the retail and on-line competitors for income. Retail earned over $400,000 and its DraftKings app pulled in additional than $120,000 of its personal.

Probably the most notable week goes to the Mountaineer On line casino, which completed in second with round $115,000. This was a terrific restoration after dropping over $20,000 per week in the past.

This week marked the primary time Mountaineer has hit six figures of income in two months.

Then again, The Greenbrier had per week to overlook. Its sportsbook solely totaled round $52,000 in earnings, with mainly a good cut up between on-line and retail.

The over $25,000 from retail is its highest income in 4 weeks. Nonetheless, the $27,000 from its FanDuel app is its lowest in seven weeks when it was within the crimson.

Though each are nonetheless closed for enterprise, Wheeling Island and Mardi Gras On line casino mixed to pay out round $125 in settled bets.

Right here’s how the WV sportsbooks rank for weekly income:

  1. Hollywood On line casino ($533,890.17)
  2. Mountaineer On line casino ($115,881.10)
  3. The Greenbrier ($52,478.31)
  4. Wheeling Island (-$55.40)
  5. Mardi Gras On line casino (-$72.90)

WV sports betting revenue for Dec. 21

On the board for WV Sportsbooks

Though the faculty soccer bowl season is coming to a detailed, there are nonetheless loads of nice video games to wager on. The Nationwide Championship is now set because the LSU Tigers will tackle the Clemson Tigers for all of the marbles.

The sport is ready for Monday, Jan. 13 from the Mercedes-Benz Superdome in New Orleans.

Regionally, WVU hoops workforce continued its superb begin to the season with one other huge win. Betting on WVU college basketball has been fairly worthwhile this yr and so they proved it once more with an upset over Ohio State.

The sports betting apps in WV must be flush with motion on their subsequent sport in opposition to Kansas. WVU shall be receiving factors once more because it seems to seize one other street win dealing with a top-five workforce.

WV Basketball

The Mountaineers are driving excessive after one among their largest wins in latest historical past. By knocking off the second-ranked Ohio State Buckeyes, WVU moved as much as No. 16 total within the newest AP High 25.

The workforce sits alone atop the Massive 12 Convention standings as the one workforce with a report of 11-1 presently. That place shall be examined this weekend because the Mountaineers journey to Kansas to battle the third-ranked Jayhawks.

There are nonetheless no odds out concerning this sport, however WVU is prone to be one other street underdog. Bettors within the state can most likely obtain good worth taking coach Huggins’ squad once more this week.

Following a tricky begin, Marshall basketball is enjoying nicely too of late. The Herd have received 4 of their final 5 to get again to inside a sport of being .500.

Marshall has two video games this week, each at house in Huntington. It should tackle Rice on Jan. 2 after which end the week with a matchup in opposition to North Texas on Saturday.

The Herd are anticipated to be favorites in each video games.

NFL Wild Card Weekend

Now that the 2019 NFL common season has concluded, the playoffs are right here. Regardless that there are fewer video games, bettors can take pleasure in some actually high quality playoff soccer going ahead.

TheLines.com has the current odds for the Wildcard Weekend games.

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