All About North Carolina Sports Betting Handle And Revenue

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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, March vs. February

 

Total handle

Revenue (GWR)

March

$726.175M

$75.919M

February

$596.137M

$58.058M

Change

Up 21.8%

Up 30.8%

The madness in March extended well beyond the courts of North Carolina’s colleges. Tar Heel State sports betting operators reporting a huge surge in wagering activity this year, especially in a year-over-year revenue comparison.

March’s total sports betting handle, or amount wagered, in North Carolina was $726,174,802, according to a report that the North Carolina State Lottery Commission posted on April 8. That was a 21.8% month-over-month increase from $596,137,211 in February, and up 6.0% from the $685,003,031 handle in March 2025.

On top of that, March’s sports betting gross wagering revenue hit $75,918,638, up 30.8% from February ($58,058,337). Even more impressive, that figure from the third month of 2026 was about double the $38,140,361 in revenue from 12 months earlier.

North Carolina’s sports betting taxes (at an 18% rate) also rose 30.8%, from $10,450,501 in February to $13,665,355 last month. The March figure was up 99.0% from March 2025 ($6,865,265).

North Carolina Mobile Sports Betting History

North Carolina Sports Betting Handle and Revenue FAQs

Author

Christopher Boan

Christopher Boan is a lead writer at BetCarolina.com specializing in covering state issues. He has covered sports and sports betting in Arizona for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News.

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