Sportsbook

North Carolina Sports Betting Breaks New Records in October

Monday 17 de November 2025 / 12:00

⏱ 2 min read

(North Carolina).- The North Carolina State Lottery Commission announced Wednesday that October wagers reached $811.4 million, surpassing the previous month’s record by $125 million. Sports betting in the state jumped 32.5% compared to last year, making North Carolina the ninth state to exceed $800 million in monthly handle.

North Carolina Sports Betting Breaks New Records in October

Key Takeaways

October’s handle is the highest ever, breaking the previous record set in September.

North Carolina became the ninth U.S. state to post an $800 million handle month. 

Operators’ second-highest gross profit led to over $14 million in tax revenue for the state.  

The North Carolina State Lottery Commission reported on Wednesday that $811.4 million was wagered in October, shattering the handle record set a month earlier by $125 million. North Carolina sports betting spiked 32.5% year-over-year and became the ninth state to post a handle of over $800 million in a single month.

It’s the ninth time that wagering in North Carolina has reached at least $600 million since online sports betting went live in March 2024.

October is one of the busiest months for sports. The MLB playoffs and World Series collide with a full month of NFL and college football. The NBA and NHL also begin their regular seasons. Over $1.5 billion has been wagered since football season began in late August. 

N.C. Sports BettingHandleRevenueTax (estimated)
October 2025$811,436,254$78,145,630$14,066,214
October 2024$612,046,491$48,659,761$8,758,757

Profits increase

North Carolina’s eight online sportsbooks generated $78.1 million in gross revenue during October, a 60.7% year-over-year spike. It’s the second-highest monthly profit ever produced in the Tar Heel State behind April 2024’s $105 million.

North Carolina operators combined to make at least $70 million for the fifth time. October gross revenue was up 17% compared to September.

Bettors won back nearly $729 million, their highest grossing month ever in North Carolina. Sportsbooks produced a 9.6% hold, up from the 8% win rate in October 2024 and nearly equal to September’s 9.7%.

Promotion wagering fell from $32 million in September to $27.1 million in October, while canceled/voided bets rose slightly to $4.3 million.            

Big tax month

Huge wagering and revenue led to a great month for North Carolina’s coffers. The Tar Heel State hauled in a whopping $14.1 million in tax revenue.

With an 18% tax rate on operators, North Carolina has made over $100 million in 2025 and over $200 million since March 2024.

This article originally appeared on Covers.com, read the full article here

Categoría:Sportsbook

Tags: Sin tags

País: United States

Región: North America

Event

SiGMA North America 2026

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