NC Sports Betting Stats & Problem Gambling News: July 2024
Published:
Jul 9, 2024
,
1:38 p.m.
ET
North Carolina has been live with regulated sports betting for four months now. After an incredibly strong start in terms of handle and tax revenue, the figures took a dip in June as NBA and NHL seasons came to an end and fans entered the “dog days of summer” before football season started back up in late August and early September.
But with NC boasting professional teams like the Carolina Hurricanes and Panthers, along with top-tier collegiate programs like the UNC Tar Heels and Duke Blue Devils, the state is home to some of the most passionate fans in the country. Therefore, it was not a huge surprise when they decided to go live with legal, regulated sports betting.
That took place in March of 2024, making them the most recent state to launch. North Carolina offers both retail and online sports betting, which means that wagers are readily available to make in the Tar Heel State. With that in mind, we’ve taken a deeper dive into some of the betting stats since launch and the most recent gambling news.
North Carolina June 2024 Sports Betting Stats: Revenue & Taxes
North Carolina has been thorough when it comes to their sports betting reports, ranging from the amount wagered, canceled action, gross revenue and more. As we’re over a week into July, we now have the numbers for June. Below, you can see each month since launch with the gross wagering revenue followed by the total amount wagered:
June 2024: $40,302,263 ($381,801,154)
May 2024: $63,080,347 ($494,602,507)
April 2024: $105,251,672 ($569,283,605)
March 2024: $66,496,213 ($456,702,632)
“Gross Wagering Revenue” definition: The total of amounts received by an interactive sports wagering operator from sports wagers as authorized under state law, less the amounts paid as winnings before any deductions for expenses, fees, or taxes.
“Total Wagering Revenue” definition: The amount of paid wagers and promotional wagers made on mobile sports wagering in North Carolina.
Following a significant increase from March (not a full month, launched on 3/11) to April, North Carolina has decreased in gross wagering revenue over the past two months, including a low in June. Of course, that directly correlates to a lower total amount wagered in those months, and can be largely attributed to a slower sports calendar. For example, June is the month in which the NBA and NHL officially conclude, while the NFL is still in the midst of their offseason.
Courtesy: North Carolina State Lottery Commission
New Problem Gambling initiative announced in North Carolina
Despite the decline in wagering totals in the past couple months, North Carolina is remaining at the forefront of problem gambling resources and initiatives. After all, having fans in the state wager north of $380 million is still a significant amount of money.
Similarly, the Tar Heel State recognizes that action is only going to pick up in the fall months as college football and the NFL kick off their new seasons, so the North Carolina Department of Health and Human Services (NCDHHS) problem gambling program is acting proactively.
The NCDHHS has now partnered with Birches Health and the East Carolina University (ECU) Gambling Research and Policy Initiative (GRPI) to provide the most advanced gambling disorder treatment available. Most simply, it is a metric-based research system that sits on top of the process for those seeking help via the North Carolina Gambling Hotline. The GRPI will explore how specialized counseling services should be adjusted for different identities and comorbid issues individuals may be facing in addition to gambling-related harms, such as depression, substance abuse, and/or PTSD.
These individuals can receive assistance from Birches Health, and perhaps the best aspect is that funding can come directly from the NCDHHS, making it readily available for all those in need. This program will also enhance the effectiveness of the research conducted by ECU.
Gambling Addiction Resources & Treatment in North Carolina
To further expand upon one component of the initiative above, Birches Health provides virtual care for individuals dealing with – or at risk of – a gambling addiction or related behavioral health problems. Not only does Birches provide an effective service by specialized, licensed professionals, but the care is convenient thanks to the virtual platform. The intake process is quick and confidential, allowing individuals to see a clinician within 48 hours on average.
There are many options for getting help from Birches Health in North Carolina:
You can also simply call 833-483-3838 or email hello@bircheshealth.com to get in touch directly with the Birches care team right away.
Sources:
North Carolina, ECU & Birches Health join forces for metrics-based clinical treatment
