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, July vs. June
| Total handle | Revenue (GWR) |
July | $370.386M | $22.680M |
June | $433.185M | $58.071M |
Change | Down 14.5% | Down 60.9% |
Data from the North Carolina State Lottery Commission, posted on its website on Aug. 7, reveals that Tar Heel State bettors wagered $370,385,588 during July, the first month of the 2025-26 fiscal year.
While the total amount bet was down 14.5% from the $433,184,675 handle reported for June, it also represented an 8.8% increase from the July 2024 handle of $340,375,354.
July was a good month for bettors as North Carolina’s licensed sportsbooks reported gross wagering revenue (GWR) totaling $22,679,993. That was a 60.9% decline from the $58,071,308 the online licensees claimed in June in a month-over-month comparison. It was also down 46.2% from the $42,226,041 in revenue from July 2024.
With revenues declining, the state saw its tax receipts drop by identical rates. The 18% excise tax provided $4,082,399 to North Carolina in July, compared to $10,452,835 in June and $7,600,687 in July 2024.
The lottery commission does not reveal handle or revenue data on individual licensees.
North Carolina Mobile Sports Betting History
North Carolina Sports Betting Handle and Revenue FAQs
Author
As a writer and analyst for BetCarolina.com, Steve not only covers gaming news and developments in North Carolina but also provides insights into what they mean for bettors, licensed operators and the state. A veteran journalist with 25 years of experience covering sports, politics and business, Steve has reported on the gambling industry intently over the past five years.
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