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North Carolina Sports Betting Rises Nearly 30% in August

State reports show nearly $9.8 million in August tax receipts, with proceeds funding universities, public health, youth sports.

Overview

  • Paid bets reached about $463.8 million in August 2025, up from $357 million in August 2024 according to the State Lottery Commission.
  • The state collected roughly $9.74–$9.8 million in taxes from eight licensed operators, which pay an 18% tax on gross wagering revenue.
  • Since the March 2024 launch, total paid and promotional wagers have topped $9.7 billion and cumulative tax receipts have reached about $179.7–$180 million.
  • Gross wagering revenue in August was about $54.1 million after adjustments, bettors won approximately $420.6 million, and promotional wagering revenue totaled $14.8 million.
  • North Carolina Amateur Sports announced about $2 million in youth-sports grants across all 100 counties as football’s return helped lift activity, with survey data also showing rising parlay use and problem-gambling indicators near pre-pandemic levels.