North Carolina Reports Surge in August Sports Betting Activity

Key Moments:

  • North Carolina’s sports betting handle reached $478.7m in August, representing a 29.2 percent increase from July 2025.
  • Gross wagering revenue recorded by the state’s eight licensed operators was $54.1m.
  • Tax revenue for August was estimated at $9.7m, with an 18 percent tax applied to gross wagering revenue.

August Revenue and Handle Highlights

The North Carolina State Lottery Commission published its August sports wagering revenue report, showing significant growth in market activity. Sports betting handle reached $478.7m for the month, marking a 29.2 percent increase over July 2025. Of the total amount wagered, players were paid $420.6m in winnings.

Operator Performance and Taxation

Eight interactive sports wagering operators are currently licensed in North Carolina. In August, these operators generated a combined gross wagering revenue of $54.1m. The state applies an 18 percent tax rate to gross wagering revenue generated by sports betting activity, resulting in an estimated $9.7m in tax proceeds for August.

Year-to-Date Figures Since Launch

Since the launch of regulated sports wagering in March 2024, bettors have placed $6.1bn in paid wagers through the first 12 months. Additionally, the total amount wagered through free or promotional bets approached $500m during that period.

MonthHandleGross Wagering RevenueTax Proceeds
August 2025$478.7m$54.1m$9.7m
  • Author

Daniel Williams

Daniel Williams has started his writing career as a freelance author at a local paper media. After working there for a couple of years and writing on various topics, he found his interest for the gambling industry.
Daniel Williams
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