The North Carolina State Lottery Commission announced on Monday that sports betting in the state generated $33.8 million in gross revenue for August.
From August 1 to August 31, sports bettors in North Carolina placed wagers totaling $370.5 million, including paid wagering revenue and promotional wagering revenue. Of these bets, $333.7 million was returned to bettors as winnings.
The gross wagering revenue for the month, calculated as the total amounts received from bets minus the winnings paid out, was $33.8 million. With the state imposing an 18 percent tax on this revenue, the estimated tax proceeds for August amount to $6.1 million.
The North Carolina Department of Revenue will oversee the collection of these tax proceeds. The revenue report includes data from eight licensed interactive sports betting operators operating in the state.
Original article: https://www.yogonet.com/international/noticias/2024/09/11/78262-north-carolina-reports-338-million-in-sports-betting-revenue-for-august
