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West Virginia

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[infogram id=”_/962KPfF2cu3EFLO5icFx” prefix=”EOx” format=”interactive” title=”West Virginia – Market data”]

Is sports betting legal? 

Yes

West Virginia became the fifth state in the US to go live with sports betting when the Hollywood Casino (owned by Penn National) opened at the end of August 2018. Since then, four more casinos have launched retail sports betting: Mountaineer Casino, The Greenbrier (private members club), Mardi Gras Casino and Wheeling Island Hotel.

Regulator details

West Virginia Lottery Commission

900 Pennsylvania Avenue

Charleston, WV 25302

800-982-2274

mail@wvlottery.com

http://www.wvlottery.com

Acting director: John Myers

LEGALIZATION DATE
March 9, 2018

MARKET LAUNCH DATE
Retail: September 1, 2018
Online: December 27, 2018

AUTHORIZED OPERATORS
Commercial casino, racino & online operators

RESTRICTED BET TYPES
None

AGE REQUIREMENT
Must be 21+

BETTING ACCOUNT REGISTRATION
Customers of online sportsbooks are not required to register or fund their accounts in person

TAX RATE
10% on sports betting revenue

TAX REVENUE ALLOCATION
Sports betting tax revenue is deposited in the Public Employees Insurance Agency Financial Stability Fund and appropriated for the purposes of lowering retiree premiums, to help reduce benefit cuts, and to help reduce premium increases

LICENSE FEES
$100,000 initial license fee
$100,000 renewal fee every 5 years

OFFICIAL DATA MANDATE
None

INTEGRITY FEE
None