The Mountaineer State’s online and retail sportsbooks recorded a 12% hold in June and combined to generate a $33.5 million handle with $3.96 million in revenue.
revenue of $3.96 million on a handle of $33.5 million in June, giving sports betting operators an 11.9% hold. That follows win rates of 11.3% in May and 10.3% in April.
Sports betting operators would love to hit these marks when collegiate sports, big in the Mountaineer State, are in season, but revenue year-to-date surpassed $25 million in the first half of 2024, up 25% from this time last year. The Greenbrier had a big month in both online and retail sports betting. Behind partners FanDuel and BetMGM, the casino generated a state-best $13.8 million in June with revenue close to $2 million, thanks to a 13.5% hold.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Devin Williams Joins Best VirginiaFormer West Virginia University forward Devin Williams is the final piece added to Best Virginia
Read more »
Tarik Phillip Joins Best VirginiaFormer West Virginia University guard Tarik Phillip added to the Best Virginia roster
Read more »
Virginia Sports Betting Operators Stay Hot in May with Highest YTD HoldOld Dominion produces $59.5 million in revenue and surpasses $500 million in handle for the ninth consecutive month.
Read more »
New York’s Sports Betting Operators Produce 11.5% Weekly Hold in Late JuneWhile the handle fell 8% week-over-week, revenue of $38.2 million was the highest yet for the month.
Read more »
Virginia Gov. Glenn Youngkin predicts Virginia will go red - Live UpdatesHe said Virginia will “elect another Republican outside businessman.”
Read more »
'Mama June: Family Crisis': Anna Shares Lighthearted Moment With Mom June Amid Her Health Battle (Exclusive)A new episode of 'Mama June: Family Crisis' airs Friday, June 28, at 9 p.m. ET/PT on WEtv.
Read more »