North Carolina posts $613.1m sports betting handle for December
The state welcomed legal sports betting last March.
Key Points
- Players have wagered more than $3.06bn since July
- The market has continued to grow since its March debut
The North Carolina State Lottery Commission has published its sports statewide wagering report for the month of December. Players placed more than $613.1m in wagers throughout the month.
North Carolina’s monthly handle fell by close to $25m when compared to November’s sports betting results.
North Carolina players took home more than $590m in winnings last month.
Promo wagering revenue during the month of December reached almost $16.3m. The state posted a total of $35.7m in gross wagering revenue during the month.
Last month, sports betting contributed close to $6.4m in taxes to the state, less than half of the tax payment submitted in November.
Last 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.
Good to know: The state opened its sports betting market March 11 2024
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.
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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