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The Mountaineer Casino, Racetrack, and Resort has been sold. That was the news that came out of the WV Lottery Commission meeting on Wednesday.
The commission voted unanimously to approve the sale of Mountaineer, according to WV Metro News. Previous owner, Eldorado Resorts, is selling the Mountaineer to Century Casinos as part of a $107 million deal.
The deal brings a new player to the WV casino market, which features five casinos around the state. Century specializes in medium-sized properties and the Mountaineer fits in that regard.
WV Lottery director John Myerscommented on the sale and the new owners.
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“I think that’s been the way they’ve been able to grow their company. They don’t try to take on too big of a property, they take on the size they are used to managing and they can apply the same principles across all those properties.”
A quick look at the Century-Eldorado deal
The sale comes after months of rumors that Mountaineer was going to be sold in order to make a merger between Eldorado and Caesars Entertainment more attractive to regulators. In recent months, both companies have shed properties as they finalize the $7.2 billion deal.
Century has also purchased two Eldorado casino properties in Missouri as part of the acquisition. Caesars also announced earlier this week that it was selling the Rio in Las Vegas, home to the World Series of Poker.
The Mountaineer sale is expected to close in early 2020. Century inherits a horse track and 357-room hotel. The property’s casino also includes 1,486 slot machines, a poker room, and 36 tables games.
Century CEOs Erwin Haitzmann and Peter Hoetzinger also spoke about the sale in a news release.
“We are very excited to be expanding into West Virginia. Mountaineer is a great addition to our portfolio and will be our third racetrack and casino property. We look forward to working with the staff and community to continue the current success at Mountaineer into the future.”
Sports betting launched the state in 2018 and Mountaineer also hosts a popular retail sportsbook operated by William Hill. However, the property doesn’t yet offer a William Hill branded mobile sports betting app. through its betting partner.
That could change, however, and the deal offers Century an opportunity to get in the mobile sports betting business. William Hill is one of a handful of mobile betting operators who have have been approved to offer online sports betting in West Virginia.
The company believes Mountaineer fits well with its track and casino assets.
What is Century Casinos and what are its plans?
Century Casinos is based in Colorado and was founded in 1992. The company has plenty of experience in the industry.
It operates several casinos in Colorado and Alberta, Canada, where it also owns two racetracks.The company also owns one casino in the UK, has a majority interest in a casino in Poland, and also manages casinos on several cruise ships.
Most Mountaineer employees are expected to be retained after the deal finalizes.
Century officials have indicated they may have expansion plans for the WV casino. The company also hopes to be more competitive with properties in neighboring states.
That includes casinos in the Pittsburgh area to the east and Ohio casinos to the north and west. The Wheeling Island casino and racetrack is also only about 40 miles to the south.
Haitzmann spoke of the property’s potential for growth.
“Mountaineer used to be larger and with all the real estate available we see an upside and the possibility to grow further. Mountaineer is profitable now, you may say, in spite of the competition. I think it’s a healthy competition for the customers and think we’re well-equipped to get our fair share of the market.”
With many forms of online gambling, the West Virginia gambling ages are set and regulated across many varieties. West Virginia offers gambling through their many casinos throughout the state some of which are state-run and others with are tribal run. If you are looking to gamble online in the state, they only regulate online horse betting so you would have to find an international online casino to use. As you continue to read you will come across the legal age requirements for the different gambling styles in West Virginia.
| West Virginia Ages For Gambling | |
|---|---|
| Legal Sports Betting Age in West Virginia | 21 |
| Legal Casino Age in West Virginia | 21 |
| Legal Poker Age in West Virginia | 18 |
| Legal Lottery Age in West Virginia | 18 |
| Legal Horse Betting Age in West Virginia | 18 |
| Legal DFS Age in West Virginia | 21 |
| Legal Bingo Age in West Virginia | 18 |
What Is The Legal Gambling Age At Casinos In West Virginia?
The legal age to gamble at a casino in West Virginia is 21 years old. West Virginia has multiple casinos across the state in which you can enjoy. The reason for the 21-year-old requirement is because some of these places might serve alcohol. There are also online options for people in West Virginia.
Legal Online Casinos For West Virginia Residents
West Virginia does not currently regulate any state-run online casinos but there are offshore online casinos that residents can use when they don’t feel like making their way down to the casino. On these online sites you will find the same games there that you would at the regular land-based casinos.
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What Is The Legal Sports Betting Age In West Virginia?
If you are looking to bet on sports in West Virginia, you must be 21 years old. West Virginia has a few retail sportsbooks that are scattered throughout the state as well as a few regulated online sportsbooks as well. There are also online sportsbooks as well that people West Virginia can use as they please.
Legal Sports Betting Sites For West Virginia Residents
West Virginia does, in fact, have a few state-regulated online sportsbooks that are run through some of the casinos there. However, there are other options for online sportsbooks as well. There are international online sportsbooks that offer the same things that you would find at a retail sportsbook and one of the regulated ones as well.
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Bovada is the most popular online sportsbooks that there is to offer right now. It is very safe to use and it is also very trustworthy option for sports bettors. They have any sport that you can think of to bet on. You can also bet as you please whether you want to parlay your bets or just bet on multiple things at once. They have great welcome bonuses where you can earn up to $250 in addition to your first deposit. The site itself is easy to use and operate. For payment options, you can use either your credit card or cryptocurrency.
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What Is The Legal Poker Age In West Virginia?
The legal age to play poker at any land-based casino in West Virginia is 21 years old. However, if you are looking to play online poker, you only need to be 18 years of age. The reason for land-based poker rooms being 21 and older is because some of them might serve alcohol to the players. You can either play online at one of the state-regulated casinos that offer poker or at an international online casino that works just as well.
Legal Poker Sites For West Virginia Residents
In West Virginia, there are state-regulated online casinos that residents are able to use. There are also international online casinos that offer poker games as well. These online casinos offer the same poker games that you would find in a land-based casino. They have Texas hold em’, community card poker and Badugi. These online sites even have tournaments that they offer to their users.
BetOnline Poker - Trusted By West Virginia Residents
Online poker is best done through BetOnline's poker room. This is one of the most consistently fair poker rooms around, providing players with shuffles that are as close to random as a computer can be. With stud and hold 'em variants, BetOnline's poker room is one of the most full in terms of games. They have a 100% match bonus, which is good for up to $1,000 in free cash. This is the largest poker bonus available online. If you stick to BetOnline as your poker room, we promise that you will not be faced with disappointment. In addition, BetOnline Poker offers some terrific deposit options such as credit cards, Digital Pin prepaid card, as well as Bitcoin.
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What Is The Legal Gambling Age To Bet On Horses In West Virginia?
If you are looking to bet on horse racing in West Virginia, you need to be 18 years or older. They do have live race tracks in which people are allowed to and bet on the horses as they please. There are also options for people looking to bet on horses in West Virginia to bet online as well.
Horse Betting Sites For West Virginia Residents
In West Virginia, there are state-regulated horse betting apps that residents are able to use. There are other online options as well. You are able to use offshore sites as well. These online options allow you to have the same betting experience online as you would at a live race. You can make the same bets that you would at a live race at one of the online betting sites.
How Old Do I Have To Be To Play The Lottery In West Virginia?
If you want to play the lottery in West Virginia, You need to be at least 18 years old. You can buy lottery tickets at any lottery retailer that is scattered around the state. They have seven different draw games for people in the state to choose to play from. There are also scratch-off lottery tickets as well.
What Is The Legal Gambling Age For DFS In West Virginia?
If you want to play daily fantasy sports in West Virginia, you need to be 21 years old. Playing fantasy sports is regulated in West Virginia. There are options for people to play online at either Draft Kings or FanDuel or even Yahoo and ESPN.
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Online Bingo For West Virginia Residents
Bingo fans are not without their own form of online gambling. Rather than visiting live bingo halls, you can simply jump into the games from your computer at home or anywhere else there is Internet access. As with live bingo, the age requirement to play bingo online is 18. Do not attempt to violate this or payment of winnings can be denied.
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