Online gambling dropped during December, according to the N.C. State Lottery Commission.
The commission compiles the revenue in the month as submitted by licensed interactive sports betting operators.
Between Dec. 1 and Dec. 31, account holders in North Carolina wagered $665,908,417 on sporting events, including paid and promotional wagers. From those wagers, account holders won $581,350,422.
In November, account holders bet $813,973,743 and won $717,569,167. Gambling on sporting events dropped in October as well, the commission said.
State law levies an 18 percent tax on the gross wagering revenue generated by sports wagering activity. Gross wagering revenue is a total of amounts received from sports wagers less the amounts paid as winnings before any deductions for expenses, fees, or taxes.
In December, the gross wagering revenue for the state’s licensed interactive sports wagering operators totaled $81,514,515.
After the 18 percent tax rate is applied, the estimated tax proceeds for the month would be $14,672,613, which is the projected amount that the N.C. Department of Revenue will collect from sports wagering operators.
