North Carolina Sportsbooks Reap $105 Million In April Revenue
· 2024-05-20

North Carolina Sportsbooks Reap $105 Million In April Revenue

The North Carolina State Lottery Commission reported $105.3 million in gross sports betting revenue for April, as bettors wagered more in comparison to March when excluding promotional credits and bonuses.

The total handle of $648.9 million for the first full month of wagering in the Tar Heel State was down 1.6% from the $659.3 million wagered in the last three weeks of March after launching March 11. Promotional spend by the state’s eight mobile operators, though, plunged more than 60% to $79.7 million — 12.3% of total handle. The $569.3 million in paid handle to the sports betting apps was $112.6 million higher compared to March.

After a strong opening month in which operators posted a 10.1% hold, they ran roughshod on the betting public in April, attaining a 16.2% win rate. It is the third-highest hold out of 107 state reports to be published to date where commercial sports betting is available in the United States.

The nine-figure windfall made North Carolina only the fifth state in the post-PASPA era to surpass $100 million in monthly operator revenue along with New York, Ohio, New Jersey and lllinois. The Tar Heel State was second-fastest to the benchmark among the five, with Ohio posting a staggering $209 million in operator winnings in its January 2023 bow. It was the ninth time in 2024 a state reported more than $100 million in monthly sportsbook winnings.

The state collected $18.7 million in taxes for April, lifting its two-month total to $30.3 million. The North Carolina State Lottery Commission does not break out figures by neither operator nor sport category in its monthly releases.

 

Popular articles
PropellerAds Positions Itself as a Go-To Traffic Source for iGaming Advertisers Ahead of a High-Demand Season
Marketing
Brazil Proposes Raising Gambling Tax Rate to 24%, With Revenue Allocated to Social Security and Healthcare
Regulation
Vietnam's tightening online gaming policy creates new market opportunities
Southeast Asia
Super PAC Raises $48 Million: Sports Betting Forces Ramp Up Political Push
Regulation
Are you ready to maximize your earnings? Try ProPush.me Constructor!
Marketing
1spin4win releases unique slot Don Catleone Hold and Win featuring gangster cats
Online Game
1spin4win grows its Latin American presence by partnering with Fortuna Juegos
Online Game
Full House at GAT Expo Cartagena 2026 Academic Agenda
Online Game
DB Gaming Is One of Asia’s Top-Tier Game Solution Providers, Recognized as a Pioneer in the Asian Gaming Industry.
Marketing
GAT CDMX 2025 Institutional Academy: Leaders and Experts Analyze the Present and Future of the Gaming Industry in Mexico and Lat
Sports Game
Indiana online casino bill stalls in House committee
Regulation
British gambling levy rates confirmed for each vertical
Regulation
Vietnam’s Controlled Gaming Shift Gains Ground, But Domestic Demand Still Lags
Southeast Asia
Global Game Connect (GGC) 2027 Officially Opens Sponsorship & Exhibition Opportunities in Sri Lanka!
HUIDU Focus
What’s on the SBC Summit Conference Agenda in 2026?
Marketing
Home
Game
Cooperation
Find
My