West Virginia Online Casinos Hit $439 Million in Revenue in Fiscal Year 2025/26

West Virginia online casinos are continuing to provide a strong source of growth and economic stimulus for the state.

The latest financial reports from the West Virginia Lottery showed that the state’s iGaming industry generated about $38.3 million in revenue. Although that didn’t quite match the $39.5 million produced in May, it was up 42 percent year-over-year on June 2025.

There are also only 30 days in June, compared to 31 in May. June’s 31-day total equaled $39.6 million, which would’ve narrowly beaten out the previous month’s total.

West Virginia online casinos performing well

June closed out the 2025/26 financial year for West Virginia's online casinos.

These platforms, which offer  slot machines, poker, blackjack, and other casino amenities, brought in $439.2 million in revenue during the period. That marked a 42.7 percent year-over-year increase on the previous fiscal year’s $307.7 million figure.

Unlike most other states, West Virginia releases its financial figures in weekly, not monthly, increments. That’s why June’s total was “about” $38.3 million, since the first week ended after six days, and the end of the month only included three days from a weekly period.

The state’s retail casinos had partnerships with several of the biggest online gaming providers in the country, including BetMGM, DraftKings, FanDuel, and Caesars.

Charles Town casino led the way with $145.9 million in FY25/26 revenue, up 34.3 percent YoY. Greenbrier, the 2024/25 leader, was second with $117 million and was the only online casino to experience a YoY decline (16 percent).

Mardi Gras exploded by 1,057.9 percent to reach $88.2 million, thanks to a switch to FanDuel Casino. Mountaineer was barely last of the four facilities with $88.1 million in revenue, but was still up 68.9 percent YoY.

What lies ahead?

There are reasons for optimism and pessimism in the Mountaineer State’s online casino market.

On the bright side, extreme growth was noted over the last 12 months. A near-43-percent year-over-year improvement is unlikely to result in year-over-year losses by the end of FY 2026/27, even if growth slows. 

Additionally, West Virginia is one of only seven states with legal and live online casinos. That makes it an enticing opportunity for out-of-state guests and travelers, particularly those near the state border.

On the flip side, the Greenbrier is still working to get its online casino license renewed after a last-ditch effort was made to save its physical facility at the end of June. And as is being experienced by Atlantic City casinos in New Jersey, a surging iGaming market can come at the expense of brick-and-mortar gaming locations.

FY 26/27 began on July 1. This will be the state’s seventh fiscal year with online casinos, following its legalization and launch in July 2020.