North Carolina sports betting numbers for March are in. Here's how much was bet.
The North Carolina State Lottery Commission released its report Tuesday.
Posted — UpdatedBettors bet $456 million in paid wagers and another $202 million in promotional wagers from the March 11 start date through the end of the month. The gross wagering revenue for operators was $66.4 million.
Operators will pay an 18% tax on that figure, meaning North Carolina will collect nearly $12 million from the first weeks of sports betting.
The commission did not release a breakdown of which operators took in the most money and the commission does not plan to release that data.
In Virginia, which has had mobile sports betting since 2021, bettors wagered more than $540 million through mobile operators in February. The Super Bowl was played on Feb. 11 this year.
"It's going to be a bigger revenue source than maybe even I imagined," said state Rep. Jason Saine, R-Lincoln County, a budget writer and the top sponsor of legislation to legalize mobile sports betting.
Online sports betting launched statewide March 11 at noon, one day before the ACC men's basketball tournament began, with eight operators licensed to take bets.
After the initial distributions, 20% of the remaining revenue will go to those athletic departments, 30% to the North Carolina Major Events, Games, and Attractions Fund and 50% to the state's general fund.
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