North Carolina November sports wagering handle reaches $638.6m
Sports betting has been live statewide since March.
Key Points
- The market has continued to grow since its debut this spring
- Players have wagered more than $2.45bn since July
The North Carolina State Lottery Commission has released its sports statewide wagering report for the month of November. Players placed more than $638.6m in wagers throughout the month.
The state’s monthly handle rose by close to $26m when compared to results from October.
North Carolina players walked away with more than $576.8m in winnings last month.
Promo wagering revenue in November reached almost $19m. The state posted a total of $78.1m in gross wagering revenue during the month.
Sports betting last month contributed close to $14m in taxes to the state.
This spring, North Carolina joined the ranks of more than 35 US states that allow legal sports wagering within their borders. Sports betting statewide made its debut in March.
Prior to the launch, the North Carolina State Lottery Commission issued sports wagering operators licenses to eight operators.
Under the current regulations, the Lottery Commission is allowed to award up to 12 interactive sports wagering operator licenses statewide once the market is established. Players would then have access to online and mobile betting, as well as in-person wagering.
Good to know: The state opened its sports betting market March 11 2024
In other state news, the Sports Betting Committee has agreed to allow time for public comment regarding its recent notice of proposed rule changes.
The North Carolina Department of Health and Human Services’ (NCDHHS) Problem Gambling Program, along with ECU’s Gambling Research and Policy Initiative (GRPI) and Birches Health recently teamed up to offer gambling disorder resources and treatment options to state players.
Those seeking assistance for problem gambling issues can reach out and gain access to the program through the North Carolina Gambling Hotline.
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