West Virginia Sports Betting Blows Away Previous Record for Handle
West Virginia joined the states who have set fall sports betting records.
The state set a new monthly handle of $83.1 million for November, up 34.7% from October’s $61.7 million and 71.2% more than November 2020’s $48.5 million. West Virginia’s previous record came in September 2020 when the state took in $77 million worth of bets.
West Virgina mobile sports betting also broke a record for handle with $68.2 million wagered online in November, 42.7% higher than October’s $47.8 million and 140% more than November 2020’s $28.4 million. The previous mark was $59.2 million in September 2020.
Sports betting revenue also saw an increase in November, with the state recording $6.3 million in revenue, 135.6% more than October’s $2.7 million and 42.6% more than November 2020’s $4.4 million.
The state’s share of taxes was $534,214 for November, up 135.6% from October’s $226,714 and 42.6% higher than November 2020’s $374,644.
West Virginia reports its numbers weekly instead of by calendar month. November’s overall figures include Oct. 31 to Nov. 27, while October is represented from Oct. 3-30.
In the week ending Nov. 27 alone, the state took in $30.3 million in wagers. The state had never even broken $20 million for a month before that. It was also the third straight week the state set a new weekly handle record.
WV Sports Betting Handle & Revenue, November vs. October
|Total handle||Mobile handle||Revenue|
|Change||Up 34.7%||Up 42.7%||Up 135.6%|
West Virginia iGaming
West Virginia iGaming handle in November saw a slight increase, coming in at $198.2 million for the month, up 0.2% from October’s $197.8 million.
Even with the similar handle, iGaming revenue declined for November. The state recorded $5.9 million in revenue, a decrease of 7.9% from October’s $6.4 million.
Busy Fall Sports Season
Similar to other states across the country, West Virginia has benefitted from a busy sports schedule this fall. Football is annually one of the most bet on sports, and the NFL and college football regular seasons have continued to draw plenty of betting interest.
The NBA and NHL regular seasons also started in October, giving bettors more daily options to wager on. And in November, the country saw the start of the college basketball season.
With the college football betting regular season winding down now, November marked one of the busiest sports betting months of the calendar year. Given the amount of action taking place, it’s not surprising to see West Virginia set new records.
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