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 Content Writer

With 3 years of experience in iGaming, I focus on producing content that helps readers make sense of developments across the sector. My work includes interviews with industry professionals, regional market analysis, affiliate industry developments, and detailed reviews. With a particular interest in how iGaming is evolving and where it’s headed next, my degree in English and Communication has shaped how I approach writing, especially when it comes to making complex topics easy to follow.

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