West Virginia: College football drives significant action at sportsbooks in August

Wednesday, September 11, 2024 3:13 PM
Photo:  Shutterstock
  • West Virginia
  • Brad Senkiw, Covers

The return of college football led to a late-August push that helped West Virginia sportsbooks enjoy handle and revenue increases compared to July.

The Mountaineer State’s sports betting operators also increased the run of double-digit holds to five consecutive months with a top-five all-time high win rate of 14.4%.

The West Virginia Lottery reported an August handle of $28.4 million, a 42.7% year-over-year increase and up 35.9% from July. Revenue of $4.1 million put the yearly total over $30 million and up 78.3% from the same month in 2023, while month-over-month profits increased 46.4%.