{"id":190594,"date":"2025-06-10T12:19:13","date_gmt":"2025-06-10T15:19:13","guid":{"rendered":"https:\/\/igamingbrazil.com\/nao-categorizado\/2025\/06\/10\/north-carolina-sports-betting-sees-decline-in-may\/"},"modified":"2025-06-10T12:29:57","modified_gmt":"2025-06-10T15:29:57","slug":"north-carolina-sports-betting-sees-decline-in-may","status":"publish","type":"post","link":"https:\/\/igamingbrazil.com\/en\/nao-categorizado\/2025\/06\/10\/north-carolina-sports-betting-sees-decline-in-may\/","title":{"rendered":"North Carolina sports betting sees decline in May"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/igamingbrazil.com\/en\/legislation-en\/2023\/06\/05\/bill-allowing-sports-betting-in-north-carolina-passes-senate\/\">Sports betting <\/a>spending in North Carolina was lower than the <strong>previous month<\/strong>, although revenue increased.<\/p>\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/igamingbrazil.com\/en\/sports-betting-en\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"Sports Betting\">Sports betting<\/a> retention in North Carolina hit <strong>11.65% in May<\/strong>, with the state posting year-over-year increases in both revenue and volume.<\/p>\n\n<p class=\"wp-block-paragraph\">Gross gambling revenue in <strong>May was $65.2 million<\/strong>, according to the <a href=\"https:\/\/www.nc.gov\/\">North Carolina State <\/a>Lottery Commission. That was up 3.33 percent from the previous year and 39.3 percent from April of this year. <\/p>\n\n<p class=\"wp-block-paragraph\">However, this fell far short of the record<strong> $105.3 million set in April 2024<\/strong>. That was because, at that time, it was the first month of legal online gambling in the state. <\/p>\n\n<h2 class=\"wp-block-heading\">North Carolina sees month-over-month decline<\/h2>\n\n<p class=\"wp-block-paragraph\">In terms of spending, paid bets reached<strong> $547.8 million and promotional bets<\/strong> reached <strong>$14.4 million<\/strong>. This resulted in a <strong>monthly total of $562.2 million in the state<\/strong>. <\/p>\n\n<p class=\"wp-block-paragraph\">May&#8217;s total was 7% higher than last year&#8217;s total, but 2.4% below the<strong> $570.2 million wagered in April <\/strong>of this year. That amount was also below the state record of $695 million set in March 2025. <\/p>\n\n<p class=\"wp-block-paragraph\">This resulted in a state retention of 11.65%, which is <strong>lower than the 12.01% in the same month in 2024<\/strong>. However, it is still an improvement over the 8.12% retention reported in April of this year. <\/p>\n\n<p class=\"wp-block-paragraph\">The commission estimated <strong>tax collections at $11.7 million<\/strong>. That would be the highest monthly revenue since $13.4 million was generated in January. <\/p>\n\n<p class=\"wp-block-paragraph\">The commission does not publish information on the performance of individual operators. FanDuel, DraftKings, BetMGM and Fanatics are among the operators active in the North Carolina market. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sports betting spending in North Carolina was lower than the previous month, although revenue increased. Sports betting retention in North Carolina hit 11.65% in May, with the state posting year-over-year [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":190580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[12977,3060,20574],"class_list":["post-190594","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nao-categorizado","tag-north-carolina","tag-online-bets","tag-revenue-from-games"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>North Carolina sports betting sees decline in May - iGaming Brazil<\/title>\n<meta name=\"description\" content=\"Betting in North Carolina was up 7% from the same month in 2024, but was 2.4% below the $570.2 million wagered in April of this year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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