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, February vs. January
| Total handle | Revenue (GWR) |
February | $596.137M | $58.058M |
January | $686.923M | $80.339M |
Change | Down 13.2% | Down 27.7% |
The second month of the year was a dropoff for sports betting numbers in the Tar Heel State, according to data that the North Carolina State Lottery Commission reported on March 6.
North Carolina sportsbooks had a 13.2% month-over-month decline in wagering handle for February, along with 27.7% declines in gross wagering revenue and taxes, in a month-over-month comparison with January.
Overall, February’s sports betting handle (or “total wagering revenue”) was $596,137,211 in February, down 13.2% from January ($686,922,931). North Carolina’s gross wagering revenue (GWR) derived from sports betting was $58,058,337 last month, a 27.7% decrease from $80,338,762 in January.
Finally, February’s sports betting taxes (at an 18% rate of the revenue) added up to $10,450,501 in North Carolina; in January the state pulled in $14,460,977.
The sharp drop in wagering coincides with the conclusion of the NFL postseason (except for the Super Bowl) but the NCAA Tournament will help the handle spike again in March. In a year-over-year comparison, last month’s handle was nearly $56 million higher than February 2025 ($543.4 million) and the revenue increased by more than $2M compared to the $55.659M figure from 12 months earlier.
North Carolina Mobile Sports Betting History
North Carolina Sports Betting Handle and Revenue FAQs
Author
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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