North Carolina releases June sports betting activity
8 Jul 2024
The report compiles the sports wagering revenue in June as submitted by the eight licensed interactive sports wagering operators.
Between 1 and 30 June, account holders in North Carolina wagered $398,251,464 on sports events, including paid wagering revenue and promotional wagering revenue.
From those wagers, account holders won $354,742,263.
State law levies an 18% tax on the gross wagering revenue generated by sports wagering activity. Gross wagering revenue is a total of amounts received from sports wagers less the amounts paid as winnings before any deductions for expenses, fees, or taxes. In June, the gross wagering revenue was $40,302,263.
The N.C. Department of Revenue is responsible for collecting the tax proceeds from sports wagering revenue.
