North Carolina Sports Betting Handle, Revenue Dip YoY In April

To be reasonable, no month has actually matched what Tar Heel State sports wagering generated in its very first full month a year earlier.


- Tar Heel State operators generated $576.2 million in wagers, down 11.2% from the previous year.
- College basketball had a limited impact in April, however Duke's loss in the Final Four most likely helped sportsbooks increase month-over-month profits.
- Sports betting has led to $38 million in tax revenue for the Tar Heel State in 2025.


The North Carolina State Lottery Commission reported on Monday that eight online operators took $46.8 million in profits in April, down 55.5% from the all-time state record of $105.2 million. The 2nd greatest grossing month was November, which saw $78 million produced.


Sportsbooks in the basketball-centric state generated $576.2 million in wagers in April 2025, down 11.2% from the previous year. Duke, the preferred to win it all, was the only in-state group to reach the guys's NCAA Final Four. The Blue Devils lost in a semifinal to Houston.


That certainly assisted operators recuperate in profits, creating $8 million more than in March. The NBA playoffs also got off to an operator-friendly start throughout April, which produced an 8.1% hold. That's up from March's 5.6% however simply half of April 2024's win rate.


Basketball decrease


Without a full month of college basketball, the regular monthly handle reduced by 15.9%. Still, March and April produced a combined $1.26 billion in wagers. That's below the $1.31 billion produced from the very same 2 months in 2024, that includes just 3 weeks of betting in March.


Year-to-date, online North Carolina sports wagering has produced $2.4 billion in wagers, while operators FanDuel, DraftKings, BetMGM, bet365, Caesars, Fanatics Sportsbook, ESPN BET, and Underdog have actually made more than $215 million in earnings since January.