All About North Carolina Sports Betting Handle And Revenue

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BetCarolina.com, your home for expertise on all North Carolina sports betting topics, has assembled this guide to explain 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 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 g up and using your smart phone, laptop or desktop computer to wager.

North Carolina Sports Betting, April vs. March

 

Total handle

Revenue (GWR)

April

$576.209M

$46.804M

March

$685.003M

$38.140M

Change

Down 15.9%

Up 22.7%

The typical post-March Madness blues struck the North Carolina sports betting marketplace in 2025.

April’s wagering handle on sports dropped 15.9% while the Tar Heel State’s gross wagering revenue and sports betting taxes each climbed 22.7% in a month-over-month comparison, according to figures that the North Carolina State Lottery Commission reported on May 12.

Overall, North Carolina sports betting operators took in $576,209,378 worth of sports betting handle (or total wagering revenue) for April, down 15.9% from March’s total of $685,003,031.

That March figure set a state record for highest handle in a month, marking a full year since the market launched. A decline in April is pretty typical nationwide, as the March Madness of the NCAA Basketball Tournament winds down.

The Tar Heel State’s wagering revenue climbed to $46,803,712 in April. That represented a 22.7% increase from the $38,140,361 reported to gaming regulators in North Carolina in March.

The state’s tax bill of $8,424,668 (at an 18% rate) also was up 22.7% from the $6,865,265 that was collected during the third month of 2025.

The state does not release sports betting handle or revenue breakdowns by operator.

North Carolina Mobile Sports Betting History

North Carolina Sports Betting Handle and Revenue FAQs

Author

Editorial Staff

Staff writers for BetCarolina.com

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