The sports betting industry in North Carolina rebounded strongly in September, with over $ 575 million placed in bets, making it the state’s third-largest month since online betting debuted in March 2024.
Financial Overview of the Niche
Notable figures of the month:
- $ 575 million in total wagers;
- $ 538 million in finalised payouts;
- $ 12 million in tax revenue.
With the football season kickoff, betting activity saw a major surge. Summer months had seen lower engagement, with totals dipping below $ 400 million. The September increase boosted overall tax revenue to more than $ 75 million since the launch of sports games.
The NC State Lottery Commission, which oversees sports betting regulation, doesn’t share specific data on individual sports or operators. However, a notable rise in user engagement has been observed, with the state’s problem gambling hotline recording unprecedented call volumes after online wagering became available.
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