In October, North Carolina's sports betting handle reached $811.4 million, setting a new monthly record for the state. The handle increased by 18.3% from September and by 32.6% compared to the same period in 2023, with paid bets amounting to $784.3 million.
New Record for Monthly Betting Volume
Data from the North Carolina Lottery Commission shows that in October, $811.4 million was handled, including $784.3 million in paid bets and $27.1 million in promotional bets. The total handle was 18.5% higher than the record in March of $685 million and 32.6% higher than in October 2023.
Operating Income and Tax Performance
The total betting revenue for the month was $78.1 million, up 60.4% year-over-year and 16.9% from September. Sports betting tax revenue was $14.1 million, accounting for 18.1% of the total revenue. The state's betting handle has exceeded $2 billion so far in 2024.
Annual Cumulative Data
From July to October, the total sports betting expenditure was $2.35 billion, including $2.26 billion in paid bets and $82.8 million in promotional bets. Players' total winnings were $2.11 billion, operators' revenue was $221.7 million, and taxes were $39.9 million.
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