Legal gambling in the Mountain State has experienced an exceptionally remarkable month.
The sportsbooks in West Virginia are rapidly returning to their regular operations, providing a wide range of popular markets and generating a substantial betting handle.
The launch of DraftKings Casino is possibly more exciting than the return of sports. The mobile betting app now offers the first online casino in WV.
DraftKings is showcasing multiple promotions at its mobile casino to enhance brand recognition. Following a remarkable launch in the state, the operator aims to capitalize on its success and further expand its presence.
The online casino managed to accumulate over $37 million in wagers within its first four weeks of launch. Impressively, it achieved a remarkable handle of more than $12 million for the week commencing on August 1.
During its first month, DraftKings achieved a notable feat by generating profits of more than $800,000 in revenue.
With no other online casino options in the state, DraftKings Casino enjoys a favorable position for long-term success. As long as it maintains its monopoly, the betting figures are expected to keep increasing.
We shall analyze DraftKings’ promotions and explore the potential future of the online casino.
DraftKings Casino promotions
Similar to its sports betting app, DraftKings WV Sportsbook, the online casino also introduces various promotions throughout the year.
These rewards may apply to particular casino games or simply offer complimentary credits upon reaching a specific wagering threshold.
At present, DraftKings Casino has multiple deals available for its customers.
Newcomers to DraftKings Casino have a stroke of luck as they can avail an incredible offer upon signing up for an account on the online platform.
Once you register, you have the opportunity to enjoy 24 hours of risk-free gaming on the online casino. DraftKings guarantees a refund of up to $200 for any net losses incurred during this period.
If you happen to lose $200 or less on your initial day of betting, the entire amount will be refunded to your account. Within one business day, you will be credited with DraftKings Dollars.
Regardless of whether you have utilized DraftKings Sportsbook before, you are still eligible to redeem this offer. This promotion is open to individuals who have not yet placed a wager with DraftKings Casino.
The Game of the Week is another popular offer available at online casinos.
If you bet a designated sum of money on a particular casino game, DraftKings will grant you complimentary credit as a reward.
Customers who wager $10 on Wheel of Fortune Hawaiian Getaway this week will receive an additional $10 in free credit.
In addition, there are other promotions available that allow you to redeem your rewards on a daily basis.
By participating in the Daily Slot Bonus, casino players have the opportunity to receive credit as a reward for playing the designated game. For instance, if you wagered $10 on Smash the Pig on Tuesday, DraftKings would refund you $5.
The online casino effectively encourages its players through these promos, serving as an excellent method for DraftKings to draw attention to its platform and increase betting activity. Simultaneously, it ensures West Virginia casino customers are duly rewarded.
Online casinos in WV
DraftKings should continue expanding its promotions in the future. With its online sportsbook offering up to 10 bonuses simultaneously, it would be reasonable to expect the online casino to follow suit.
Currently, the operator is actively striving to secure a large number of customers. Given that DraftKings stands as the sole online casino in the state, they enjoy a robust position of authority.
Naturally, being the initial provider of something has its advantages, but at present, the online casino has held a monopoly for more than a month.
This significantly enhances the advantage for DraftKings.
It is highly likely that many bettors in the state who were eagerly anticipating the online casino have now become active users. Given that the app has been available for over a month, it can be assumed that the majority of these bettors have already completed the signup process.
As the exclusivity of DraftKings persists, its customer base is expected to expand further.
DraftKings could dominate the realm of mobile casinos instead of competing with FanDuel Sportsbook for the spotlight in the sports industry.
If FanDuel Casino or any other online casinos intend to launch in WV, it is crucial for them to act promptly. The demand for online casino betting will persist, but delaying the release of potential apps will result in a significant loss of potential customers.
During its initial four weeks, DraftKings Casino WV achieved a remarkable feat by generating approximately $40 million in handle and $1 million in revenue. It is important to highlight that this achievement occurred during a period in which WV sportsbooks successfully regained two of their most popular markets.
Moving forward, these figures are expected to continue increasing. DraftKings is currently well-positioned to expand its online presence as long as no competitor enters the West Virginia online casino market.
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