Jun 11, 2024 - News

🎰 Stat du jour: May sports betting numbers

Grouped bar chart of total amounts wagered and won on sports betting in North Carolina. Both have declined since sports betting went live in the state on March 11, 2024. Total bets declined from $659 million in March to $526 million in May while the total amount won declined from $591 million to $45

Data: North Carolina State Lottery Commission; Note: Sports betting went live in North Carolina at noon on March 11, 2024; Chart: Axios Visuals

Sports betting slowed slightly in North Carolina last month, according to the latest data from the North Carolina State Lottery Commission.

By the numbers: The total bet dropped from $648.9 million in April to $525.5 million in May, a month when college athletics were still underway, and when the Carolina Hurricanes made the NHL playoffs.

  • The total won decreased from $538.4 million in April to $458.7 million in May.
  • North Carolinians lost less this month, however: $63.1 million compared to $105.3 million (considering the total amount of bets placed, won and canceled). This figure is known as gross wagering revenue, which the state taxes at 18%.
  • Betters have lost roughly $234.8 million since legal sports wagering went live across the state in March, meaning North Carolina has generated roughly $42.3 million in revenue so far.
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