North Carolina Sports Betting Scores $12M in September Revenue

North Carolina’s legal sports betting industry saw a major boost in September, generating more than $12 million in tax revenue — the fifth-highest month since wagering launched in 2024. The surge was driven by the return of NFL and college football, which revived betting activity after a slower summer season.

According to a Wednesday report from the State Lottery Commission, gamblers placed over $654 million in bets during September, while bettors collected about $615.1 million in winnings. After accounting for payouts and adjustments, the state recorded a gross wagering revenue of $66.7 million. The 18% state tax on those revenues brought in over $12 million for North Carolina’s general fund.

The state’s sports betting law, passed in 2023, dictates how the proceeds are distributed. Each year, $2 million is allocated to the Department of Health and Human Services for gambling addiction education and treatment programs, and $1 million goes to North Carolina Amateur Sports to expand youth opportunities. Another $300,000 is given annually to each of 13 state-funded university athletic departments, and $1 million supports the N.C. Youth Outdoor Engagement Commission, which provides youth sports and outdoor grants.

September’s revenue ranks behind only four other months: April 2024 ($18.9 million), November 2024 ($14 million), January 2025 ($13.4 million), and September 2024 ($12.6 million). The first three months of fiscal year 2026 have already produced $25.8 million in tax revenue — averaging about $280,000 per day.

Since the launch of legal wagering in March 2024, North Carolina has collected $198.8 million in total revenue, averaging roughly $337,000 daily. With football season in full swing and promotional spending from sportsbooks more than doubling in September, state officials expect the momentum to continue through the remainder of 2025.

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