Panthers, Charlotte FC Owner Plans $800 Mil. Stadium Upgrade Not Including A Retail Sportsbook
The Charlotte City Council is expected to vote soon on a plan to revitalize Bank of America Stadium that would include $650M in public funds.
NC Sports Betting Revenue Down in May Following Industry Trend
As it does this time of year, sports betting revenue dropped in May. Still, North Carolina is already well ahead of state revenue projections.
Lottery Commission Approves Revisions To Sports Betting Rules
North Carolina lottery officials are continuing to refine the rules of legal sports betting in the wake of its March 11 rollout in the state.
Sports Betting Takes A Toll On NC Student-Athletes’ Mental Health, Report Finds
This past year, one in three high-profile NCAA athletes were targets of online abuse related to betting, according to Signify, a data science company hired by the NCAA to monitor sports betting-related harassment. With most of the 2023-24 championships completed by April, the NCAA released its first set of findings from Signify’s research. The results […]
NC Exceeds Sports Betting Expectations With $649M In First-Month Bets
North Carolina’s eight online sportsbooks took $649 million in April bets for $105.3 million in gross revenue in their first full month.
Sports Betting Tax Revenue Could Help Compensate For NC General Fund Shortfalls
North Carolina sports betting’s robust debut suggests its tax revenue will be able to compensate for future shortfalls in the General Fund.
Caesars Reveals Disappointing First-Quarter But Counts NC Online Sports Betting Launch A Success
While Caesars Entertainment successfully launched online sports betting in North Carolina last month, the company had a challenging first quarter in 2024. During an earnings call with investors, the operator reported a 1% drop in consolidated net revenues to $2.7 billion and a 10% decrease in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization). […]
NC Promo Spending For Sports Betting Launch Second Only To Maryland
North Carolina sportsbooks dished out a whopping $202.6M in promos on bettors during the first month of online sports betting in the state.
NCAA President Charlie Baker Urges Ban On Collegiate Prop Bets, An Unlikely Prospect In NC
North Carolina is unlikely to ban collegiate prop bets despite calls from NCAA president Charlie Baker to do so.
Revenue Figures Show NC Online Sports Betting Is “Off To A Strong Start”
The NC Lottery Commission gave its first revenue report on NC online sports betting, and the numbers are formidable.