Sports
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 in the coming months, despite how fresh the market is in North Carolina,” said Steve Bittenbender, an analyst with BetCarolina.com. “The state strategically legalized betting in time for March Madness, resulting in an impressive start, but the months after do not provide much action for sports fans to wager on.”
For more context, in the first three weeks of legal sports betting, North Carolinians wagered over $655 million. Those numbers covered the state’s first day of sports wagering, March 11 through March 31.
To see the entire revenue report for N.C., click here.
Copyright 2024 WBTV. All rights reserved.
Georgia Senate study panel considers restrictions on trans women’s college sports participation • Georgia Recorder
.jpg "Erdem’s CEO on how to thrive as an independent fashion brand")
Erdem’s CEO on how to thrive as an independent fashion brand
Athletes see climate change as threatening their sports and their health. Some are speaking up
Athletes see climate change as threatening their sports and their health. Some are speaking up – WTOP News
Avoid doing these gym exercises now! Orthopaedic doctor reveals exercises that do more harm; the answers may shock you
2026 World Cup: When can tickets be bought and how much will they cost?
With ‘Wicked,’ Fashion Tests the Limits of the ‘Barbie’ Model
Downtown Lincoln businesses hold holiday season shopping events
Your guide to Hong Kong shopping this weekend, November 22-24
