West Virginia is all set to become the fourth state in the United States of America to offer Internet-based casino. Online casino gaming will allow users and players even to operate it from their mobile phones. The officials from the state’s lottery went to Pennsylvania recently to meet with their colleagues from The Keystone State.
Three of the five casinos in the state are currently offering retail sportsbooks, with two out which offer sports betting through a mobile app. The other two casinos which are run by Delaware North, have their sportsbooks and mobile unavailable for the players since March.
Law Grants Permission to Operate Five Online Casinos
In March, the bill West Virginia Lottery Interactive Wagering Act, in the state legislature became law without the signature of Gov. Jim Justice. It offers the licenses to the state’s four casinos and the racinos at The Greenbrier resort.
Whoever casinos want to get this green card for online gaming will have to pay a $250,000 application fee which will then grant them a five-year license. Further, the renewal fee for the licenses will be $100,000.
The law which came into effect in June, also states that mobile casinos will be able yo offer both slot machine and table games through this bill. And just like sports betting, online casino gaming will only be allowed within the state.
However, the law which is sponsored by state Del. Jason Barette, gives until July 1, 2020, to enact emergency regulations for online gaming to the West Virginia Lottery Commission. The public relations and drawing manager for the West Virginia Lottery, Randy Burnside, said on Thursday that the launch of online casinos would happen sometime next year after the initial regulations were approved.
Online sports betting have been active in the state of West Virginia since the end of August. During that time, FanDuel and DraftKings, the two mobile apps in the state, have allegedly earned the revenue of $49.9 million. The apps were responsible for almost 76 per cent of all sports bets placed in the state in August.