PointsBet joins the West Virginia sports activities betting market
PointsBet can add West Virginia’s growing sports betting market to the list of states it operates in as it continues its US expansion.
The Australian-based gaming company has received Virginia Lottery Commission approval and launched its PointsBet Sportsbook app in the state, according to a press release on Friday.
West Virginia is the seventh state that PointsBet is live for online sports betting. It was previously introduced in the sports betting markets of New Jersey, Indiana, Illinois, Colorado, and Michigan.
PointsBet has access to the West Virginia market through an agreement with Penn National Gaming announced in July 2019.
“The launch in West Virginia marks another step forward for PointsBet and represents another great opportunity to attack Johnny Aitken, CEO of PointsBet USA, in the press release. “As always, PointsBet will provide this passionate, sports-loving community with a fast and reliable online sports betting product across every customer contact point.
“We’re excited to introduce West Virginia sports bettors to the competitive advantages PointsBet has from owning our end-to-end technology, such as our speed and ease of use, as well as a wide range of betting options for every NFL, NBA, MLB , NHL, WNBA and PGA tour competition. “
The West Virginia sports betting market had a successful June. It was valued at $ 29.92 million, up 17.4% from $ 25.48 million in May. The handle for the recently ended fiscal year was $ 518 million.
WV sports betting revenue increased 28.9% to $ 3.46 million in June from $ 2.7 million in May. For the fiscal year, it reported revenues of $ 41 million.
PointsBet is also launching WV iGaming
PointsBet also said in the press release that it plans to launch an online casino product for gambling in West Virginia by the end of 2021, subject to required license and state approval.
It currently operates iGaming in New Jersey and Michigan.
WV online casinos had a strong month of June in terms of handling and revenue. The state was up 26.8% in June compared to May. Revenue increased approximately 10% from $ 4.3 million in May to $ 4.73 million.
FanDuel online casino was the fourth to enter the West Virginia iGaming market in early May.
Rush Street Interactive and Scientific Games announced in late July that they would be entering into a partnership for online casino games at BetRivers Casino. New games on the site include 88 Fortunes slot game, Endless Treasures Jin Ji Bao Xi, Bonanza Megaways, Chicken Fox, and Monopoly Megaways.