North Carolina sports betting handle rises in August
The handle increased 29.2 per cent from July.
US.- The North Carolina State Lottery Commission has released its sports wagering revenue report for August. The sports betting handle totalled $478.7m, up 29.2 per cent from July 2025. Account holders won $420.6m.
Gross wagering revenue for the state’s eight licensed interactive sports wagering operators was $54.1m. The estimated tax proceeds for the month stand at $9.7m.
State law levies an 18 per cent tax on the gross wagering revenue generated by sports wagering activity. In the first 12 months after launch in March 2024, bettors wagered $6.1bn in paid wagers and almost $500m in free or promotional bets.