The latest sports betting statistics, released in February, highlight a nationwide trend towards increasing adoption and revenue in legal sports betting. Currently, 38 states have legalized sports betting, with North Carolina reporting doubled revenues from December to January and Maine achieving record-high betting handles post-legalization. Illinois continues to flourish with substantial wagers, contributing significantly to state tax revenue. Overall, the data indicates that sports betting has transitioned from a niche activity to a robust mainstream industry, particularly during peak moments like the Super Bowl.
In North Carolina, where regulated sports betting has been legal on eight different online platforms since March 2024, revenues doubled from December to January.
Figures from the North Carolina State Lottery Commission show an increase from $35.7 million in December, to $74.5 million in January.
Maine's sportsbooks generated a combined handle of more than $50 million every month for the last quarter of the year; the highest numbers recorded since legalization.
Illinois saw its online operators generate $14 billion in sports betting wagers in 2024, resulting in a significant boost to state tax revenues.
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