October sees strong growth in North Carolina sports betting

North Carolina sports betting hits $78.1M in October

Added:
North Carolina sports betting hits $78.1M in October

North Carolina’s sports betting market picked up speed in October, reporting $78.1 million in gross revenue, a noticeable 17% lift from September’s $66.8 million.

The North Carolina State Lottery Commission also noted a strong surge in betting activity overall. Total handle reached $811.4 million for the month. up from $686.1 million in September , showing that both wagering volume and revenue moved in the right direction.

Betting revenue before promotions came in at $784.3 million for October, with promotional spend totaling $27.1 million. Sports betting also delivered more to the state. Tax revenue hit $14.1 million for the month, up from $12 million in September, which is a 17% increase.

Since the fiscal year began in July, North Carolina has collected $221.7 million in gross sports betting revenue and $39.9 million in taxes.

Lilit Sarinyan
Lilit Sarinyan Content Writer

With a degree in English and Communication, I focus on direct reporting that turns industry changes into clear, accessible insights. Interviews with iGaming professionals, regional market overviews, casino traffic trends, and affiliate developments are at the center of what I do, looking at how the iGaming industry is developing and where it is headed.

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