Once again, the expansion of online gambling in West Virginia is on the horizon.
In the near future, Golden Nugget is set to introduce an online casino and online sportsbook in West Virginia. Through a collaboration with The Greenbrier, the renowned gambling company is ready to make its debut in the Mountain State.
Before going live, Golden Nugget must obtain regulatory approval, but indications suggest that these new online platforms will be available in the near future.
WV bettors of all kinds should be thrilled by this significant news.
Since 2013, Golden Nugget has been offering online casino betting in New Jersey and is widely recognized as one of the leading online casinos in the Garden State.
The Golden Nugget WV sports betting app made its debut in the NJ market in February 2019.
After the launch of Golden Nugget’s online casino, it will become the third online casino available in WV.
DraftKings Casino WV, which launched in July, is now joined by BetMGM Casino WV, which quickly followed suit in August.
WV will soon have its sixth online sports betting app with the addition of Golden Nugget Sportsbook.
Tilman J. Fertitta, the owner and CEO of Golden Nugget Online Gaming, expressed his enthusiasm for the brand’s expansion. As per iGaming Business, Fertitta stated:
“The collaboration with The Greenbrier marks a significant achievement for the Golden Nugget’s online gaming expansion strategy. We are excited to deliver our top-notch product to players in West Virginia.”
The increase in platforms is advantageous for bettors in the state, but this announcement holds utmost significance for The Greenbrier.
In the upcoming months, it has the potential to establish dominance in the WV market, boasting three online sportsbooks and two online casinos.
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Golden Nugget coming to WV
There is growing speculation that residents in the state will soon have access to additional online betting apps. With the legalization of WV online casinos, it appears inevitable that several will be launched in the near future.
Despite the limited availability in the market, these two products have achieved remarkable success.
Following a relatively sluggish October, online casino betting surged past $34 million during the initial fortnight of November.
Since their release four months ago, DraftKings and BetMGM have collectively received more than $230 million in wagers.
The recent surge of activity in the WV market suggests that it has the potential to grow significantly in the near future.
It is quite astonishing that it has taken this much time for a new operator to enter the rotation. Considering that each retail casino has the capability to offer three online skins for both sports betting and casinos, it is only a matter of time before more are launched.
In addition to that, Dr. Jill Justice, the president of The Greenbrier, also addressed the private resort’s latest undertaking. She expressed,
The Greenbrier is thrilled about this new collaboration and the addition of even more remarkable casino experiences for our valued guests, members, and friends across West Virginia. Golden Nugget has established itself as a frontrunner in the industry, and we have full confidence that they will provide a product that meets the exceptional standards that define America’s Resort.
The ongoing expansion of online options is expected to keep benefiting residents.
The presence of additional apps in both online casinos and online sportsbooks intensifies the competition. Consequently, operators must offer customers a greater variety of promotions and deals to stay competitive in the market.
To attract attention, Golden Nugget is likely to offer a welcome incentive for new users.
When you join, the NJ sportsbook provides a risk-free bet worth $100. Additionally, upon signing up for the online casino, you receive a $10 free credit, and your initial deposit is matched 100% up to $1,500.
While WV bettors may not receive these precise offers, they serve as a promising preview of what Golden Nugget has in store for them.
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The Greenbrier taking control
Once Golden Nugget’s online sportsbook and casino are introduced in WV, The Greenbrier will dominate the entire gambling market.
Until recently, the private resort had been attracting a significant share of the online sports bets in the state.
The total betting handle from September surpassed $38 million, thanks to the amalgamation of FanDuel Sportsbook and BetMGM WV Sportsbook.
During the same period, the DraftKings Sportsbook app at Hollywood Casino recorded just over $12 million in wagers.
Despite the presence of alternatives such as William Hill and Betly, they are still relatively new and not yet capable of competing.
In recent times, the gap between The Greenbrier and Hollywood Casino has narrowed. Nonetheless, DraftKings has yet to catch up in terms of online sports betting handle, falling behind by approximately $3 million in the past month.
The introduction of another online sportsbook in Golden Nugget is expected to further widen the existing gap.
Hollywood Casino may risk falling significantly behind if it fails to introduce a second sportsbook skin in the near future.
Online casinos present a comparable scenario.
Three out of the five retail establishments lack online casinos, but The Greenbrier is set to change that by introducing Golden Nugget as their second online casino.
Hollywood Casino has received some encouraging news as it is not starting off at a disadvantage. In the past month, its DraftKings Casino generated over $38 million in revenue, surpassing The Greenbrier’s BetMGM Casino which earned approximately $22 million.
It is highly probable that two online casinos, particularly ones of the caliber of BetMGM and Golden Nugget, will begin to generate multiple productions.
Mountaineer Casino, Mardi Gras, and Wheeling Island should consider launching an online casino in the near future to keep up with the rapidly growing market.
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