North Carolina sports betting handle increases year-over-year in June

North Carolina sports betting handle increases year-over-year in June

The sports betting handle was up 8.1 per cent year-over-year but down 23 per cent from May.

US.- The North Carolina State Lottery Commission has released its June sports wagering revenue report. Interactive sports wagering operators licensed in the state took a combined handle of $433.1m, up 8.1 per cent year-over-year and down 23 per cent from May.

Players won $372.1m, and gross wagering revenue totalled $58m. With an 18 per cent tax rate, the estimated tax proceeds for the month will be $10.4m.

Mobile sports wagering launched in North Carolina in March 2024. In the first 12 months, bettors wagered $6.1bn in paid wagers and almost $500m in free or promotional bets. A budget proposal presented in the North Carolina Senate includes a provision to double the sports betting tax rate to 36 per cent.

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