North Carolina Sports Betting Operators Post Impressive 12% Hold in July

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North Carolina Sports Betting Operators Post Impressive 12% Hold in July
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The North Carolina Lottery Commission reported $42.2 million in revenue on a $340.4 million monthly handle.

that the eight mobile operators combined to produce $42.2 million in revenue on a $340.4 million handle, a hefty 12.4% hold.In one of the slowest sports months of the year, the amount wagered fell 14.2% compared to June, but revenue jumped 4.7% in July as the win rate rose from 10.1% in the previous month.

The Tar Heel State filled its coffers with an estimated $7.6 million, up from $7.2 million in June from the 18% tax rate. North Carolina hasn’t even had its first football season yet. That’ll begin later in August.

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