North Carolina Lottery Commission reports $685m sports betting handle in March
North Carolina bettors wagered a record $685 million in March, according to the North Carolina Lottery Commission’s latest report. Gross wagering revenue was $38.1 million, down 42.7% year on year, while the state collected approximately $6.9 million in tax revenue. The report did not provide performance figures for individual operators.
Operators face lower gross wagering revenue despite record betting volume, while the state’s tax receipts depend on that revenue.