Hollywood Casino West Virginia News

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West Virginia passed the WV Lottery Interactive Wagering Act in March 2019, joining the small but growing number of US states with legal online casino gambling. With the additions of poker and sports betting, the Mountain State is one of the few that regulates all three primary forms of online gambling.

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The first legal WV online casino — DraftKings Casino — went live on July 15, 2020. It enjoyed a monopoly for about six weeks before Roar Digital joined the ring with its BetMGM product.

West Virginia online casinos

So far, there are two online casinos operating legally in WV:

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The law permits iGaming operators to partner with one of the state’s five brick-and-mortar casinos, each of which may deploy up to three online casino brands. That means there could eventually be as many as 15 online casinos available to gamblers statewide. Expect the small WV interactive market to be a competitive one.

WV online casinos will mostly be available for both desktop and mobile devices, including iOS and Android smartphones.

West Virginia online casino partnerships

LicenseeBrandLaunch
The GreenbrierBetMGM CasinoAugust 28, 2020
HollywoodDraftKings CasinoJuly 15, 2020
Mardi Gras----
Mountaineer----
Wheeling Island----

Land-based licensees are allowed three online casino brands apiece.

Hollywood Casino West Virginia Sportsbook

FanDuel Casino WV will almost certainly be the next operator to launch a West Virginia online casino via its partnership with The Greenbrier.

The Stars Group also secured access to WV under a partnership with Eldorado Resorts, but the situation has since changed for both parties. TSG is now part of Flutter — the same company that owns FanDuel — and Eldorado sold off its WV casino in order to facilitate its acquisition of Caesars.

Games at WV online casinos

Products available in other regulated US online casino markets provide some indication of what games might be available from those in West Virginia.

The catalog for most operators will likely include a variety of slots and video poker titles, along with table games like blackjack and roulette. Stakes should range from as low as a penny up into the thousands of dollars.

It seems less certain that supporting companies like Evolution Gaming will bring their novel products and services to less-populous states like WV.

West Virginia online casino bonuses

Online casinos routinely offer various promotions to players, including:

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  • No-deposit bonuses
  • Matching bonuses
  • Reload bonuses
  • Referral bonuses

A no-deposit bonus gives new players funds just for registering an account, allowing them to try out games without risking any of their own money. They are similar to no-risk bets that give players free bets before they deposit. Such bonuses cannot be withdrawn, but any winnings the player accumulates with them can be.

Matching bonuses give first-time depositors an amount that matches their deposit up to a designated maximum. Those bonuses generally must also be wagered within a certain time period after depositing (e.g., 30 or 60 days). Reload bonuses are similar, giving players bonus funds to match amounts they deposit.

Referral bonuses give players bonuses for recruiting other players to get accounts. Other loyalty promotions common to online casinos include double-points deals and rewards programs.

Depositing and withdrawing at WV online casinos

Much as is the case with WV online sportsbooks, online casinos in the state will no doubt accept a variety of methods for users to deposit funds to their accounts:

  • ACH/eCheck
  • credit and debit cards
  • online banking/bank transfers
  • PayPal
  • Skrill
  • Play+
  • PayNearMe
  • check
  • cash at the casino cage

Withdrawal options may be fewer, though cash-outs via ACH/eCheck, PayPal, and regular checks will likely be allowed. Players will also be able to withdraw funds in person at the licensing casino’s cashier cage, in all likelihood.

Sweepstakes casinos in West Virginia

While players in West Virginia await regulated real-money options, there exists an alternative in sweepstakes online casinos such as Chumba Casino.

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Sweepstakes games don’t use real money but rather require one of two virtual currencies — gold coins and sweeps coins. Sites that operate under this model are therefore legally able to welcome gamblers from West Virginia and nearly every other US state.

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FAQ: West Virginia online casinos

Here are answers to some of the most-common questions about online casinos in West Virginia.

Are online casinos legal in WV?

Yes. Online casino gambling is legal in West Virginia under a law passed in 2019, and the first regulated sites appeared in 2020.

Sweepstakes online casinos like Chumba Casino also welcome West Virginians.

Who can play at WV online casinos?

West Virginia’s rules are similar to most other states with legal online gambling. The minimum age is 21 and online gambling is open to visitors as well as state residents. Employees of the state’s casinos are forbidden from gambling, and the state lottery maintains a self-exclusion registry for problem gamblers.

One must, however, be located within the physical borders of the state in order to bet at regulated online gambling sites. Online casinos will be able to ensure players are indeed inside West Virginia via geolocation technology.

What are the fees and taxes for WV online casinos?

Hollywood Casino West Virginia News Today

Virginia

Online casino operators pay $250,000 apiece for the privilege of offering their games in West Virginia. Licenses are valid for five years, and renewal costs $100,000.

The state taxes WV online casino revenue at a rate of 15%.

Who regulates online casinos in WV?

The West Virginia Lottery regulates all gambling in the state, including online casinos.

  • Phone: 800-982-2274
  • Email: [email protected]

Hollywood Casino West Virginia News Updates

West Virginia online casino history

Lawmakers in West Virginia spent a few years toying with the idea of legal online gambling before a piece of 2019 legislation gathered enough steam to cross the finish line.

The WV Lottery Interactive Wagering Act (HB 2934) authorized both online casinos and WV online poker sites, making the small state one of the few with a full suite of iGaming options. The two chambers passed the bill with relative ease in March, and online casinos subsequently became legal without the governor’s signature.

The launch timeline proceeded on schedule, with emergency rules finalized over the summer. DraftKings Casino christened the WV market with its launch on July 15, 2020. BetMGM subsequently began offering online casino games in the state at the tail end of the following month.

WYOMISSING, Pa.--(BUSINESS WIRE)--Penn National Gaming, Inc. (NASDAQ: PENN) (“Penn National” or the “Company”) announced today that in response to Governor Tom Wolf’s call for a statewide shutdown of all non-essential business activities to help prevent the spread of COVID-19, it will be suspending construction on its planned Hollywood Casino Morgantown and Hollywood Casino York Category 4 facilities in Pennsylvania, effective immediately.

“We fully support the Governor’s effort to try to stem the tide of this unprecedented public health threat,” said Jay Snowden, President and CEO of Penn National Gaming. “We also believe it’s prudent to revisit any and all capital expenditure commitments in order to help preserve liquidity in light of the impact of COVID-19 on our business.”

The $111 million Hollywood Casino Morgantown was expected to open in November of this year and the $120 million Hollywood Casino York at the York Galleria Mall was anticipated to open by year end. By law, Category 4 “mini casinos” are authorized to operate up to 750 slot machines and 40 table games.

“We look forward to continuing to consult with the Governor’s office, as well as local, state and federal health authorities to determine when construction might resume,” said Mr. Snowden. “In the meantime, we appreciate the patience, understanding and support of our community leaders in Morgantown and York, as well as our local construction teams.”

About Penn National Gaming

Penn National Gaming owns, operates or has ownership interests in 41 gaming and racing properties in 19 jurisdictions and video gaming terminal operations with a focus on slot machine entertainment. We also offer live sports betting at our properties in Indiana, Iowa, Mississippi, Pennsylvania and West Virginia. In total, Penn National’s properties feature approximately 50,000 gaming machines, 1,300 table games and 8,800 hotel rooms. In addition, the Company operates an interactive gaming division through its subsidiary, Penn Interactive Ventures, LLC, which recently launched iGaming in Pennsylvania and, through strategic partnerships, operates online sports betting in Indiana, Pennsylvania and West Virginia. The Company also has a leading customer loyalty program, mychoice, with over five million active customers.

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Forward-looking Statements

All statements included in this press release, other than historical information or statements of historical fact, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, including statements regarding COVID-19, the length of the construction delay for Penn National’s satellite casinos in Pennsylvania and the impact of these or other related events on Penn National are subject to risks, uncertainties and changes in circumstances that could significantly affect the Company’s future financial results and business. Accordingly, Penn National cautions that the forward-looking statements contained herein are qualified by important factors that could cause actual results to differ materially from those reflected by such statements. For more information on the potential factors that could affect the Company’s financial results and business, review the Company’s filings with the SEC, including, but not limited to, its Annual Report on Form 10-K and its Current Reports on Form 8-K. The Company does not intend to update publicly any forward-looking statements except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release may not occur.