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 online account with one of the operators.
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 June 2024 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, November vs. October
| Total handle | Revenue (GWR) |
November | $813.974M | $92.936M |
October | $811.436M | $78.146M |
Change | Up 0.3% | Up 18.9% |
The penultimate month of 2025 delivered slight improvements when it came to North Carolina sports betting handle – resetting the state record – and large returns when it came to gross wagering revenue and taxes in the Tar Heel State, according to figures reported on Dec. 5.
Overall, November’s sports betting handle (amount wagered) was $813,973,743. That was a 0.3% increase in a month-over-month comparison with October’s $811,436,254, which was a record that stood for only a month.
The past two months are the only ones since North Carolina mobile sportsbooks launched in March 2024 that had handles surpassing $800 million.
When it came to North Carolina sports betting gross wagering revenue, November’s total of $92,936,199 represented an 18.9% jump from October’s GWR of $78,145,630. And sports betting taxes (at an 18% rate) derived from NC online sportsbooks added up to $16,726,516 last month, up 18.9% from October ($14,066,214).
The North Carolina State Lottery Commission does not report numbers broken down by each individual operator.
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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