The Second-Lowest Revenue Month of 2023 Was Recorded by West Virginia Online Casinos
Although WV still generates remarkable online casino revenue totals, there has been a slight slowdown. August income for WV casinos online was $11.6 million, the second-lowest of any month in 2023.
Even though it was a lackluster month, each operator gave the WV online casinos a fair amount of money. How long this slump for state-based online operators lasts will be greatly determined by September.
August Income from West Virginian Online Casinos is Underwhelming
The total revenue for August is a tiny bit higher than July’s $11.4 million. For the third time in four months, income from online casinos has fallen below $12 million. Here’s the revenue breakdown of the last 6 months:
- $14.3 million in March;
- $13 million in April;
- $11.6 million in May;
- $12 million in June;
- $11.4 million in July;
- $11.6 million in August.
Although the results weren’t particularly outstanding, the revenue distribution was fairly even:
- The Greenbrier: $5.1 million (BetMGM WV Casino, FanDuel WV Casino, Golden Nugget WV Casino);
- Hollywood Charles Town: $4.4 million (PointsBet WV Casino, DraftKings WV Casino, and Barstool WV Casino);
- Mountaineer: $1.8 million (Caesars Palace WV Casino, BetRivers WV Casino);
- Mardi Gras: $349,897 (Betly WV Casino).
Has West Virginia seen a decline in interest in online casinos? Time will tell, particularly now that football season is upon us. The statistics for September will reveal a lot about the state of online casinos.
In August, WV figures might have been higher if WynnBET had continued its operations.
In July, the operator reported $602,346 in revenue from its partnership with Mardi Gras, which would have probably increased over the following few months.