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Category: Sports Betting News

One Year Old Birthday Candle Cupcake First Annivesary

North Carolina Sports Betting Market Celebrates First Anniversary With Impressive Financial Totals

March 14, 2025 | By: Dan Holmes

North Carolina sports betting is celebrating a successful first year that saw the state earn a projected $128 million in tax revenue since the market launch on March 11, 2024. An anniversary report released by the North Carolina State Lottery Commission says sports betting operators accepted more than $6.6 billion in bets in the first […]

Sports Betting Revenue Money Basketball Football Soccer Ball

North Carolina Reports Highest Monthly Sports Betting Total: $589 Million in October

November 28, 2024 | By: Dan Holmes

North Carolina sportsbooks accepted $589 million in sports wagers in October, setting a record. The previous high was $569 million in April. The state gathered $8,758,757 in taxes based on that activity, which was most certainly helped by the first full month of NFL and college football action, as well as the Major League Baseball […]

Break even point with light bulb represents NC online sports betting finally breaking even

First Month Of NFL Pushes NC Sports Betting Revenue Into The Black

October 9, 2024 | By: Cheryl Coward

After seven months, the collective NC sports betting industry finally generated more wagering revenue than it spent on promos and bonuses.

Bryce Young ready to take the field. Will he have a bounce back year in 2024?

Will This Be A Bounce-Back Season For Bryce Young?

August 29, 2024 | By: Cole Rush

After Bryce Young’s weak rookie year, we compare the Panthers QB to past #1 QB picks, and see what sportsbooks think about his 2024 chances.

One marker surging ahead from the pack, signifying FanDuel's market dominance in North Carolina

FanDuel Has 59% Market Share In NC; Higher Than Previously Estimated

August 14, 2024 | By: Cheryl Coward

In five months of online sports betting, FanDuel has surged to the top of the market with 59% of market share through July.

An exit sign, signifying Betway's exiting the US sports betting market

Betway Departure Signals The Difficulties Of Exclusivity In North Carolina Sports Betting Market

July 15, 2024 | By: Adam Hensley

Betway is shuttering its U.S. operations. While it wasn’t live in North Carolina, it’s another example of just how difficult the market is.

Logan Edra break battles Sunny Choi, both will compete in the Paris Olympics, which is open for NC sports betting

Paris Olympics Include NC Athletes, A New Sport, And Betting Options

July 12, 2024 | By: Cheryl Coward

Athletes from North Carolina are on Team USA, and NC bettors can now wager on Olympic events, including a new addition — breaking.

FanDuel Sportsbook logo at a stadium, signifies the brand's dominance in North Carolina

With 50% Of Market Share, FanDuel Is Tops In NC

July 3, 2024 | By: Cheryl Coward

FanDuel has the lion’s share of the North Carolina sports betting market at 50%, followed by DraftKings with 28%, a recent analysis shows.

Bar graph showing a downward dip signifying a down month for NC sports betting revenue.

NC Sports Betting Revenue Down in May Following Industry Trend

June 9, 2024 | By: Cheryl Coward

As it does this time of year, sports betting revenue dropped in May. Still, North Carolina is already well ahead of state revenue projections.

Armando Bacot at a press conference. Bacot is one of many NCAA athletes targeted with gambling-related abuse, which the NCAA aims to stop.

Sports Betting Takes A Toll On NC Student-Athletes’ Mental Health, Report Finds

May 23, 2024 | By: Cheryl Coward

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 […]

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