
$6.6 billion bet in first year of legalized sports betting in North Carolina
It’s been 13 months since sports betting was legalized in North Carolina, and the inaugural year was a success for the state and betting operators but led to an increase in gambling addiction. A total of $6.6 billion in bets were placed in the first year, with players winning more than $5.85 billion. The eight authorized sports betting operators — Underdog Sports Wagering, BETMGM, ESPN Bet, Draft Kings, bet365, Fanatics Sportsbook, FanDuel Sportsbook and Tribal Casino Gaming Enterprise — made more than $713 million in the first year and the state received $128 million in tax revenue.