The small state of West Virginia is in close neighborhood with some of the most conservative US states in terms of offline and online gambling. And yet, a single look at the gambling industry in West Virginia allows concluding — this state is one of the most liberal when it comes to games of chance, as well as real money action in sports.
While some states offer only Tribal Casinos and others — either riverboat or commercially-operated land-based casinos, West Virginia has all three of these types of gambling and then some — interactive casinos provided by the certified land-based venues.
The state is not exactly lenient towards the industry when it comes to taxation. Gross wins on slot machines in brick-and-mortar casinos are subject to 53.3% in taxes, and the numbers reach 35% for table games. In terms of virtual lobbies, casino and poker are subject to 15% taxation on gross wins. However, the industry is prospering and growing.
Sportsbook and racetracks are also legal in the state. Both offline and online, a 10% tax applies to the gross win from the activity.
What is more, residents of the state can enjoy lotteries, as well as charitable gambling. The latter is represented by raffles and Bingo. The state does not take a cut on raffles and sets the annual Bingo licensing fee at 500 USD. There may be some limitations on the frequency of events per organization, as well as on the venues.
