West Virginia Joins US Sports Betting Operators’ High Hold Party in July

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West Virginia Joins US Sports Betting Operators’ High Hold Party in July
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West Virginia generated a 13.2% hold on a handle of $20.9 million, making it four consecutive months with double-digit win rates.

The Mountaineer State generated a 13.2% hold on a handle of $20.9 million, making it four consecutive months with double-digit win rates.Legal sports betting operators enjoyed high win rates throughout the nation in July, and those in the Mountaineer State were no exception.$2.8 million in revenue on a handle of $20.9 million, giving sportsbooks a healthy 13.2% hold in July. It marked the fourth consecutive month that the Mountaineer State produced a double-digit win rate. generated a 12.

Despite a lesser sports calendar, July is generally a pretty good month for operators, which obtained a double-digit hold inWhile the high hold was a welcomed sight for sportsbooks, it potentially could have been a more profitable month with better wagering options. MLB held its All-Star break, and the Olympics kicked off late in the month. It was an especially tight race between the two big online sports betting operators in July.

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