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North Carolina Lottery reports $63.1m sports betting revenue for May

Regulation

The North Carolina State Lottery Commission reported $63.1 million in gross sports betting revenue for May. Operators took $525.5 million in bets, producing a 12% hold; adjusted gross revenue was $61.8 million and generated $11.1 million in state tax receipts.

Operators and investors can compare May wagering, hold, adjusted revenue and tax receipts to assess North Carolina’s market performance.

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