Legalized sports wagering has seen nearly $200 million in bets from North Carolinians over its first week in effect, according to state lottery officials.
Legalized statewide sports wagering in North Carolina from smartphones and desktops that began two weeks ago is off to a 'strong start,' a state lottery official said on Wednesday, likely buoyed by betting on college basketball at its season's apex.
By midnight March 11, over $23.9 million had been wagered, of which almost $12.4 million were 'promotional wagers' — incentives for new customers offered by the companies once an initial bet is made. And bettors were paid $12.2 million in winnings during the first 12 hours, according to the commission presentation. Through the first week, over $198.1 million had been wagered, with $141.6 million in bet winnings paid.
The education lottery took in record sales of more than $4.3 billion during the fiscal year ending last June 30, resulting in net earnings of $1.015 billion, also a record.
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