North Carolina’s Lottery Commission released its November 2025 financial report. The whole wagering volume reached $814 million. This result marks a new handle record and the 2nd-highest GGR since the regulated web market’s launch in March 2024.
Key Excerpts from the Authority’s Report
November’s turnover slightly exceeded the preceding reporting period: in October, state residents staked $811.4 million. At the end of this autumn, YoY growth was 23.8% compared to the same month in 2024.
Let us list central figures:
- Paid betting revenues took $791.7 million of all wagers in November.
- The remaining handle proceeds, $22.3 million, were generated by promotion funds.
- Around $3.5 million in deposits were rejected, while gamblers received $717.6 million back.
- The gross profit of licensed bookmakers in the American state amounted to a whopping $92.9 million.
The GGR became the 2nd-largest figure since April 2024 and was up by almost 19% from October’s numbers. The scope of the YoY jump also reached 19%. Meanwhile, total tax revenues brought $16.7 million to the local budget by the end of this autumn.
Interim Results of the Current Financial Year
In the first 5 months of the region’s 2025 FY, from July to November, the whole wagering volume accounted for $3.16 billion. The majority of the turnover came from paid bets, at $3.06 billion. Another $105 million was generated from promo stakes.
Throughout this time, $19 million in transactions were voided, while the total amount of winnings granted to customers climbed to $2.83 billion. For the highlighted months, gross revenues of local licensed sportsbooks reached $314.6 million.
The state’s tax proceeds accounted for $56.6 million. The regulatory body has not disclosed detailed financial performance figures for individual industry participants.
Yet, the following giants are officially represented in the region:
- Bet365;
- FanDuel;
- ESPN Bet;
- DraftKings;
- Fanatics, etc.
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