NC sports betting showing no signs of slowing down
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Diverging Reports Breakdown
Despite fewer promotions from sportsbooks, gambling shows no signs of slowing down in NC
In May, sports bettors in North Carolina wagered tens of millions more than they did in May 2024. Last month, the total amount wagered was $562.2 million. Online sports betting launched in March 2024 with massive promotions.
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RALEIGH, N.C. — Sports bettors wagered nearly $550 million in paid bets in May, far exceeding gambling activity in May 2024, a sign that the industry is still growing in North Carolina.
Online sports betting launched in March 2024 with massive promotions from the state’s eight legal operators. Even as those promotional deals have declined, total wagering revenue has climbed.
In May 2024, bettors wagered $494.6 million in paid bets and another $31 million in promotional wagers for a total of $525.5 million. Last month, the total amount wagered was $562.2 million.