North Carolina sports betting handle sets new record in November

North Carolina sports betting handle sets new record in November

The handle increased 24 per cent year-over-year.

US.- The North Carolina State Lottery Commission has released its sports wagering revenue report for November. The state’s eight licensed interactive sports wagering operators took a $814m handle, up 24 per cent year-over-year and 0,3 per cent from October, which was the first month to surpass $800m in wagers.

According to the Commission’s report, winnings totalled $717.6m and gross wagering revenue $93m. Under the 18 per cent tax rate, the estimated tax proceeds are $16.7m.

North Carolina’s regulated sports betting market launched in March 2024. For the fiscal year to date, from July, gross wagering revenue stands at $314.6m and taxes $56.6m.

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