North Carolina Sports Betting Has Another $800M+ Record Month in November

North Carolina sports betting continued its upward trajectory in November, with $813.9 million in total wagers placed at eight online sportsbooks. That marked the third consecutive record month, according to the North Carolina State Lottery Commission (NCSLC) report released today.

The record figure includes promotional and bonus bets. Since North Carolina sports betting launched on March 11, 2024, more than $12 billion in total wagers have been placed, with $10.7 billion returned in paid winnings.

Most Metrics on the Rise in November

Here are key statistics from the NCSLC’s report for November 2025:

• $791.7 million in paid wagering revenue, up more than $7M from October
• $813.9 million in total wagering revenue, up more than $2.5M from October
• $717.6 million in winnings paid out to bettors, down more than $11M from October
• $16.7M in estimated tax revenue, up more than $2.6M from October

The previous record for paid wagering revenue ($784.3 million) was set in October, most likely due to the college and pro football seasons being well underway. The NCSLC’s monthly reports don’t provide details on the amount wagered on specific sports or events.

Updated List of North Carolina OSB Operators

On December 1, North Carolina welcomed theScore Bet to its roster of online sportsbook operators. It replaces ESPN Bet. PENN Entertainment recently terminated its partnership with ESPN and shuttered ESPN Bet at the beginning of December.

• BetMGM
• bet365
• Caesars Sportsbook
• DraftKings
• Fanatics Sportsbook
• FanDuel
• theScore Bet
• Underdog Sports 

Futures Odds on North Carolina’s NFL, NHL & NBA Teams

Carolina Panthers (200-1)

The Panthers have enjoyed a reversal of fortune after six years of futility. Carolina improved to 7-6 after last week’s 31-28 win over the Los Angeles Rams, who remain the consensus favorite to win Super Bowl 60. DraftKings was dealing the Rams at +450 to win it all as of this writing.

The Panthers are a half-game out of first place in the NFC South. Tampa Bay (7-5) leads the division, but the teams will meet twice in the final three weeks of the season to decide the division champion.

Carolina Hurricanes (7.5-1)

The Hurricanes are the second betting favorite to win the Stanley Cup at FanDuel. The Colorado Avalanche (+400) are atop the odds board.

Carolina, which won its only Stanley Cup in 2006, has been among the championship contenders in recent years. Last season, the Hurricanes advanced to the Eastern Conference Finals before losing to the Florida Panthers in a 4-1 series.

The Panthers went on to win their second-straight Stanley Cup.

Charlotte Hornets (1000-1)

The Hornets (6-16) are among the longest shots to win the NBA Championship. They often seem like an afterthought when it comes to North Carolina’s professional sports. The Hornets haven’t had a winning season since the 2021-22 campaign.

Meanwhile, Charlotte FC recently completed its fourth MLS season in the Queen City with a playoff run. Despite losing the opening-round series to New York City Football Club, 2-1, Charlotte’s soccer team enjoys a rabid following.