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West Virginia sports betting surges with start of NFL season

9th October 2019 8:37 am GMT

West Virginia’s regulated sports betting market recorded total stakes of $25.20m excluding voided bets in the four-week period ended September 28, with $21.45m paid out in winnings.

As a result, the state recorded total taxable receipts of $3.76m in September, with retail taxable receipts amounting to $2.72m and mobile contributing $1.03m.

West Virginia’s licensed operators paid $375,576 in privilege tax during the month and $56,336 in administrative expenses, with the state’s share of revenue amounting to $ [...]

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