The total sports betting revenue for March 2025 in North Carolina surpassed US$685m, making it the highest total in the state’s financial year so far, which began in July 2024.
The financial report, released by the North Carolina State Lottery Commission, compiles the revenue in the month as submitted by the eight licensed interactive sports betting operators.
Between March 1 and March 31, account holders in North Carolina wagered $685,003,031 on sporting events, including paid and promotional wagers. From those wagers, account holders won $643,652,689.
State law levies an 18 per cent tax on the gross wagering revenue generated by sports wagering activity. In March, the gross wagering revenue for the state's eight licensed interactive sports wagering operators totalled $38,140,361. After the 18 per cent tax rate, the estimated tax proceeds for the month comes to $6,865,265.
