North Carolina online sports betting launched with a bang earlier this year, and the numbers bear that out. On Friday, the North Carolina Lottery Commission announced NC online sports betting generated nearly $649 million in handle in April.
April was the NC online sports betting industry’s first full month of operations. It launched in mid-March after being legalized in June of 2023.
More on NC online sports betting’s April handle
North Carolinians actually wagered more in the back half of March than they did in the full month of April. In the opening weeks of North Carolina online sports betting, the industry reported $659 million in handle.
However, April saw significantly less wagering by way of North Carolina sports betting promos. In March, North Carolina bettors utilized more than $202 million in bonuses. The April total was down to less than half that number, checking in at just shy of $80 million.
Revenue for operators was up considerably in April. The North Carolina Lottery Commission says online sportsbooks took in more than $105 million during the first full month of operations in the Tar Heel State. That’s up from roughly $66 million in March, and translates to just shy of $19 million in taxes.
What’s next for North Carolina online sports betting?
These numbers figure to slow down considerably over the next few months. The NBA and NHL seasons are wrapping up, and North Carolina does not house an MLB team.
The next major professional sports team to start its season is the Carolina Panthers. NFL betting figures to be robust beginning with the preseason later this summer. In addition, locals can enjoy their first full season of college football betting, with teams like UNC, NC State, and Duke preparing to take to the gridiron.
Stay tuned to Winners and Whiners for more information, including the best ways for North Carolina sports betting enthusiasts to find value with the best sports betting bonuses on the market.
