North Carolina reports $420.7m June sports betting handle
The state welcomed legal sports betting more than a year ago.
Key Points
- Players have wagered more than $6.41bn since last July
- The market has continued to grow since its March debut
The North Carolina State Lottery Commission has released its statewide sports wagering report for the month of June. Players placed more than $420.7m in bets throughout the month.
The state’s monthly handle fell by close to $125m when compared to May’s sports betting results. However, North Carolina players took home more than $372.2m in winnings last month.
Promo wagering revenue in June reached almost $12.5m. The state posted a total of $58m in gross wagering revenue last month.
Sports betting contributed almost $10.5m in taxes to the state in June, nearly $1m less than the tax payment submitted in May.
The lottery commission also reported a $6.41bn sports wagering handle for the last 12 months leading up to June.
Last spring, North Carolina joined the ranks of more than 35 US states that allow legal sports wagering within their borders.
Prior to the launch, the North Carolina State Lottery Commission issued sports wagering operators licenses to eight operators.
Good to know: The state opened its sports betting market March 2024
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 comments 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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