The North Carolina State Lottery Commission reported $63.1 million in gross sports betting revenue for May on Monday as operators extended their blazing start since launching in mid-March.
May’s revenue haul is the lowest of the three months of reporting and 40.1% lower than the $105.3 million posted in April. North Carolina’s eight sportsbooks have already accumulated $234.8 million in gross revenue thanks to an operator-friendly 12.8% hold from $1.83 billion in handle.
May’s hold was slightly below the overall average, but a still-healthy 12% against $525.5 million in handle. That was down 19% from April’s $648.9 million that came in the first full month of betting.