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North Carolina sports betting revenue falls 25.3%

North Carolina sports betting revenue falls 25.3%

Mobile sports betting revenue in North Carolina, US, fell 25.3 per cent month-on-month in February. The North Carolina State Lottery Commission reported February revenue of US$55.7m, down from $74.5m in January. Although, the revenue figure rose 55.8 per cent from December’s $35.7m. Total online

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North Carolina Senate leader says casinos won’t ‘see the light of day’ this session

North Carolina Senate leader says casinos won’t ‘see the light of day’ this session

First up, an update about Senate leader Phil Berger’s reelection plans, and what he says about the prospects for casino legislation…Last week, when he was asked about his reelection plans by our Dawn Baumgartner Vaughan, Berger said he continues to enjoy serving in the Senate but didn’t want to “pre

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Majority in North Carolina supports legalizing casinos on non-native land

Majority in North Carolina supports legalizing casinos on non-native land

Outside of lands belonging to recognized native tribes and waters more than 3 miles offshore on gambling cruise ships, casinos are not legally able to operate in North Carolina. There’s a chance that will change this year.While looking at the priorities for the General Assembly in 2025, Senate Minor

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North Carolina Sees 108% Surge in Gross Wagering Revenue for January

North Carolina Sees 108% Surge in Gross Wagering Revenue for January

After a disappointing December, the North Carolina State Lottery Commission reported a strong bounceback in sports betting revenue for January 2025.December 2024 saw the Tar Heel State record the lowest hold of the financial year, with consumer-friendly sporting results leaving operators with just 5

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North Carolina sports betting revenue climbs over 100% in January

North Carolina sports betting revenue climbs over 100% in January

Sports betting revenue in North Carolina, US, rose over 100 per cent month-on-month in January. Figures from the North Carolina State Lottery Commission show that revenue from mobile operators reached US$74.5m in January, up 108.7 per cent from $35.7m in December. Handle of $646.9m translated to

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North Carolina: Casino cruises off coast compete with state’s new gambling options

North Carolina: Casino cruises off coast compete with state’s new gambling options

A casino recently opened on North Carolina’s northern border but folks might not realize a casino has been running for years on the state’s border with South Carolina.The casino operation runs just off the North Carolina coast — which is forecast to have warm temps this week in the mid-60s.Other gam

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OPINION: North Carolina’s Piedmont Triad region deserves a casino

OPINION: North Carolina’s Piedmont Triad region deserves a casino

Don’t get me wrong, I’m all for interstate commerce, but for the life of me I can’t understand why, when it comes to trade between North Carolina and Virginia, it always has to be a one-way highway. During Prohibition, for example, North Carolinians had to drive across the state line to buy liquor.

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North Carolina universities receive over $17 million in sports betting tax revenue

North Carolina universities receive over $17 million in sports betting tax revenue

North Carolina public universities have received $17.3 million in tax dollars from sports betting taxes, representing 20% of the $98.6 million in total tax revenue collected from the new tax between March and Nov of 2024.According to state law, of the tax revenue collected, 20% is required to be dis

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Pari-mutuel wagering hits a roadblock in North Carolina

Pari-mutuel wagering hits a roadblock in North Carolina

The Tar Heel State’s progress toward a pari-mutuel wagering launch has stalled.The North Carolina State Lottery Commission unanimously approved a staff recommendation on Wednesday to revisit the adoption of the proposed Subchapter C rules at a later time.During the commission’s final meeting of 2024

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North Carolina posts second-best sports betting handle since market launch in November

North Carolina posts second-best sports betting handle since market launch in November

North Carolina had its second-best month for sports betting handle since launch, with state bettors wagering a near-record $657.7 million in November, according to the latest report from the North Carolina State Lottery Commission. The figure is second only to March's $693.3 million, the month when

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North Carolina: Charlotte businesses aim to cash in since sports betting launch

North Carolina: Charlotte businesses aim to cash in since sports betting launch

Sports gambling in North Carolina remains a hot buy since it launched in March.New data released by the state’s lottery commission shows that nearly $85 million in tax revenue has been generated from legal sports gambling.In just the month of October, North Carolina bet more than $600 million on spo

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North Carolina breaks $600M handle barrier in October for a third time since sports betting launch

North Carolina breaks $600M handle barrier in October for a third time since sports betting launch

North Carolina reported $612 million in bets and $8.8 million in tax revenue from sports betting in October, according to a monthly report released by the North Carolina State Lottery Commission. The figure marks the third time the state’s monthly handle has surpassed $600 million since sports betti

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Sports Betting in North Carolina Picks up Speed in October

Sports Betting in North Carolina Picks up Speed in October

Sports Betting in North Carolina Picks up Speed in OctoberOctober proved the be a busy month for licensed sports betting operators in North Carolina. Likely their performance was positively impacted by college basketball, considering the increase in revenue during last month.Licensed Betting Operato

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North Carolina: Harrah’s Cherokee Valley River Casino’s new hotel tower to open in early 2025

North Carolina: Harrah’s Cherokee Valley River Casino’s new hotel tower to open in early 2025

Harrah’s Cherokee Valley River Casino & Hotel in Murphy, North Carolina, has announced that its new Valley Tower, part of a major $275 million expansion, is on track for an early 2025 opening.This addition will nearly double the number of available hotel rooms at the property and introduce new l

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North Carolina Lottery Commission seeks public input on sports betting rules

North Carolina Lottery Commission seeks public input on sports betting rules

The Sports Betting Committee of the North Carolina State Lottery Commission approved the rulemaking process on the fourth set of wagering rules in September. A notice of proposed rulemaking for sports wagering and puri-mutuel wagering was issued too.The Commission will accept public comments on a sp

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North Carolina sports betting rebounds with $575 million wagered in September

North Carolina sports betting rebounds with $575 million wagered in September

Sports betting in North Carolina surged in September, with more than $575 million wagered, marking a sharp recovery from the summer months and making it the state's third-highest month since online sports betting launched on March 11. The uptick follows the return of football, a key driver of bettin

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