All About North Carolina Sports Betting Handle And Revenue
BetCarolina.com, your home for expertise on all North Carolina sports betting topics, has assembled this guide to explain terms such as handle, revenue and tax collections.
The state launched its legal mobile sports betting market on March 11, 2024. North Carolina has eight mobile operators offering a variety of wagers throughout the state. There are also a few retail outlets at tribal casinos in North Carolina.
To place a wager on the outcome of a sporting event, or a specific statistic within a game (this is known as prop betting), you must be physically located within the Tar Heel State. Like the other 30-plus states with mobile sports wagering, North Carolina uses geolocation technology to ensure that wagers are being placed legally within the state by a bettor who has an account with an online operator.
The companies offering North Carolina sportsbook apps include the major names you have probably heard of, even if you are new to sports betting. BetMGM, Caesars, DraftKings, FanDuel and ESPN BET all have North Carolina online sportsbooks. The other operators as of January 2026 are bet365, Fanatics and Underdog Sports.
Sportsbooks in the state have partnered with various pro sports teams or other entities in North Carolina that hold major sporting events. For instance, BetMGM has a deal with Charlotte Motor Speedway in Concord and Fanatics NC Sportsbook has partnered with the NHL’s Carolina Hurricanes.
You can place a wager with any of those NC sports betting companies by signing up and using your smart phone, laptop or desktop computer to wager.
North Carolina Sports Betting, June vs. May
| Total Handle | Revenue (GWR) |
June 2026 | $589.605M | $54.140M |
May 2026 | $578.070M | $64.319M |
MoM Change | Up 2.0% | Down 15.8% |
June 2025 | $433.185M | $58.071M |
YoY Change | Up 36.1% | Down 6.8% |
The Carolina Hurricanes' Stanley Cup championship gave North Carolina's sports betting market an enormous boost in June. The North Carolina State Lottery Commission reported that the state's seven mobile sportsbooks accepted $589,604,507 in total wagers during the month, up 2.0% from May's $578,070,325 and a record 36.1% higher than June 2025's $433,184,675.
All six Stanley Cup Final games between the Hurricanes and the Vegas Golden Knights were played in June, and the Canes became the first major North Carolina professional or college team to win a championship since sports betting launched in March 2024. The NBA Finals and the opening of the 2026 FIFA World Cup also fueled wagering activity, keeping the handle above $500 million for the 10th consecutive month.
Despite the surge in handle, gross wagering revenue (GWR) moved in the opposite direction. June's GWR was $54,140,105, down 15.8% from May's $64,318,908 and down 6.8% from June 2025's $58,071,308. The hold rate fell to 9.2% in June from 11.1% in May, the second single-digit win rate in the last 12 months. Bettors won roughly $530 million, well above the $372 million they took home in June 2025.
North Carolina taxes sportsbook revenue at an 18% rate, so the state collected an estimated $9,745,219 in June, down from $11,577,403 the previous month and $10,452,835 a year ago.
North Carolina Mobile Sports Betting History
North Carolina Sports Betting Handle and Revenue FAQs
Author
Thomas Leary is a senior editor for BetCarolina.com. He previously worked at Sports Business Journal.
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