2026 Outlook for North Carolina’s Sports Betting Industry

North Carolina’s sports betting market closed December 2025 with record-breaking revenue, underlining the industry’s rapid growth. The Tar Heel State continues to emerge as a major force in the US online sportsbook sector, with gambling demand showing no signs of slowing. Analysts are now projecting even stronger expansion throughout 2026.

Operators and regulators welcomed the strong year-end performance, as December delivered exceptional revenue despite only a modest increase in wagering handle and evolving market conditions.

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North Carolina’s Gross Revenue Tops $80 Million for Third Straight Month

Sports betting operators in North Carolina reported $81.5 million in gross revenue for December 2025, marking the third consecutive month above the $80 million milestone — a first in the state’s short betting history.

According to the North Carolina State Lottery Commission, eight licensed online sportsbooks generated the revenue from a total handle of $665.9 million. December also maintained a strong hold rate, giving operators their fifth straight month of double-digit holds and the eighth out of the last nine months.

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These figures highlight how US online sportsbooks are strengthening North Carolina’s position within the national betting landscape.

North Carolina Sports Betting Market Continues to Expand

Year-over-year comparisons show just how quickly the market is growing. Gross revenue more than doubled compared to December 2024, while handle rose by a moderate 5.8%. Despite the smaller increase in betting volume, operators achieved strong profitability through efficient risk and payout management.

Regulators also noted a slight decline from November’s record-breaking handle of nearly $814 million. Even so, the consistency of strong monthly returns reflects sustained demand for legal gambling services across the state.

Industry analysts credited high engagement during the NFL season and the holiday sports calendar for helping December become part of one of North Carolina’s most profitable quarters to date.

2026 Outlook for North Carolina’s Sports Betting Industry

Looking ahead, analysts expect US online sportsbooks in North Carolina to maintain strong momentum into early 2026. Continued interest in football, basketball, and major sporting events should drive betting activity, while new promotions are likely to keep players engaged.

Operators are also adjusting following the exit of Underdog’s sportsbook in mid-December 2025. The move could open up additional market share for remaining platforms while reducing competitive pressure.

With monthly revenue and tax contributions projected to remain strong, the sports betting sector is set to become an even bigger contributor to the state’s economy. As regulatory oversight expands and responsible gambling initiatives grow, North Carolina’s betting market is positioned for long-term success.