With fewer NBA and NHL postseason games going on, there was a major North Carolina sports betting June decrease as North Carolinians wagered much less on online sports bets than they did in any of the previous three months since online sports betting was legalized in the state in March. The total handle for the...
Tag: north carolina
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Ahead of football, big bet legalizing sports gambling on pace for $161M in one state
(TCS) — Legalizing sports gambling was a big bet for North Carolina, and its $7.2 million gain to state coffers from legalized sports gambling in June is a 36.1% decline from May and a 61.7% drop from April. Yet, the 365-pace is $161,393,605. And there’s been no football – yet. Financials from the most recent...
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Handle and hold dip in North Carolina’s third full month of sports betting
In its fourth month of operation, North Carolina recorded $398m in mobile betting handle, the lowest amount since its launch in March. According to the report released Monday (8 July) by the North Carolina State Lottery Commission, revenue dipped almost 26% in the Tar Heel State between May and June. Such a dip isn’t unusual,...
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NC sees major decline in sports betting for month of May
NORTH CAROLINA (WBTV) – After a hot start to legal sports gambling in North Carolina, the State Lottery Commission reported a major drop in total wagering revenue for May. In April, the lottery commission reported $648,934,226 in total wagering revenue. That number decreased to $525,548,571 in May, a 19% decline. “Don’t expect much positive movement...
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North Carolina betting revenue drops 40.1% in second full month
North Carolina reported gross gaming revenue (GGR) of $63.1m (£49.6m/€58.4m) in May in what was the second full month of wagering in the Tarheel State. The $63.1m figure fell 40.1% short of April’s total of $105.3m. April was the first full month of betting in North Carolina after operators went live on 11 March. The...
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North Carolina sports bettors wager well over $1 billion in first months under new law, report says
RALEIGH, N.C. (WTVD) — People in North Carolina have bet more than $1 billion on sports in the two months since the state legalized the operation. The North Carolina State Lottery Commission, which regulates the betting, said that gamblers wagered $1.026 billion on sports activities from smart phones and desktops from March 11 through April...
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Tax Code In North Carolina Force Sports Betting Losers To Pay Up
It’s not every day a wonky article on state gambling taxes gets the attention of that state’s governor, but that’s exactly what happened in North Carolina. Nathan Goldman and Christina Lewellen, both associate professors of accounting at the Poole College of Management at North Carolina State University, recently wrote what amounts to an eye-opening article,...
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Naked man ‘took advantage of Planet Fitness transgender locker room policy’ to parade his genitalia in ladies’ locker room and ask women to ‘shower with him then rub lotion on his back’
A naked man reportedly took advantage of Planet Fitness’s transgender locker room policy to parade his genitalia around the ladies’ facilities and be inappropriate towards women. Christopher Allan Miller, 38, was arrested on Thursday for going into the women’s locker room at a Planet Fitness gym in Gastonia, North Carolina. Miller claimed to be a...