In November, North Carolina bettors placed nearly $657.7 million (€623.3 million/£515.8 million) in wagers, marking the state’s second-highest handle since sports betting launched in March.
North Carolina’s highest monthly betting handle was $693.3 million in March, the launch month of sports wagering, with combining real-money and promotional bets. November followed with $638.7 million in bets, which included $19 million in promotional play. In March, $456.7 million came from real-money bets, with $202.6 million in promotional wagers.
Operators recorded a record revenue of $78.1 million in November, as it is reported on December 9 by the North Carolina State Lottery Commission. The previous highest gross gaming revenue was $70.1 million in September.
Over nine months, North Carolina’s sports betting market recorded $4.4 billion in wagers, out of which $434.3 million was attributed to promotional offers. Promotional activity, highest in March, decreased to under $37 million monthly since June.
Operators in North Carolina contributed $14.1 million in taxes for the month, based on an 18% tax rate on gross gaming revenue. The state’s betting market has shown strong performance compared to similarly sized markets.
With a population of 10.8 million, North Carolina is comparable to Michigan, which has 10 million residents. In October, Michigan recorded a $560.4 million handle, while North Carolina surpassed it with $612 million. These figures exclude promotional deductions. The state does not report revenue by operator or sport, and currently, eight sports betting platforms are active in the state.
North Carolina’s highest monthly betting handle was $693.3 million in March, the launch month of sports wagering, with combining real-money and promotional bets. November followed with $638.7 million in bets, which included $19 million in promotional play. In March, $456.7 million came from real-money bets, with $202.6 million in promotional wagers.
Operators recorded a record revenue of $78.1 million in November, as it is reported on December 9 by the North Carolina State Lottery Commission. The previous highest gross gaming revenue was $70.1 million in September.
Over nine months, North Carolina’s sports betting market recorded $4.4 billion in wagers, out of which $434.3 million was attributed to promotional offers. Promotional activity, highest in March, decreased to under $37 million monthly since June.
Operators in North Carolina contributed $14.1 million in taxes for the month, based on an 18% tax rate on gross gaming revenue. The state’s betting market has shown strong performance compared to similarly sized markets.
With a population of 10.8 million, North Carolina is comparable to Michigan, which has 10 million residents. In October, Michigan recorded a $560.4 million handle, while North Carolina surpassed it with $612 million. These figures exclude promotional deductions. The state does not report revenue by operator or sport, and currently, eight sports betting platforms are active in the state.
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