Sports betting in North Carolina is rebounding with $575 million in bets in September

Sports betting in North Carolina soared in September, with more than $575 million in salesmarking a significant rebound from the summer months and making it statewide third highest month since online sports betting was introduced on March 11th.

The increase follows the return of football, a key driver of betting activity. Of the $575 million wagered in September, $538 million were wagers paid out, the second-highest total on record, behind only April’s $569 million. The state’s eight licensed operators contributed A Tax revenue of over $12 million in Septembertwice as much as collected in August.

Since sports betting began in North Carolina, The state has accumulated more than $75 million in tax revenuewith a tax of 18% being levied on gross gaming revenue.

Sports betting activity had slowed during the summer months of June, July and August, with monthly wagering falling below $400 million as the sports calendar brightened. Tax revenue fell below $8 million each month during that period.

The North Carolina State Lottery Commission, which regulates sports betting, does not provide data on specific sports or operator performance. However, September’s rise follows a period of increased engagement The government’s gambling problem hotline saw record-breaking call volumes in the months following the introduction of online betting.