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 on 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, as the US moves into a slower summer sports calendar. New York experienced a similar shift with amount wagered on mobile dropping 34% in June against May.
Bets made via promotions in North Carolina came in at $16.5m, while gross gaming revenue (GGR) hit $40.3m. Operators cannot deduct promotional play in North Carolina.
Operators maintained a 10% hold, which was 2% lower than in May. GGR is taxed at 18%.
Player winnings paid out in June totalled $354.7m, according to the report. Operators cancelled $3.2m in bets, or almost 1% of the state’s overall handle.
Since its launch, North Carolina has taken $2.2bn in handle and $275m in GGR.
Its biggest month s..
