North Carolina’s Mobile Sports Betting Huge Success In First Week
March 11 was a huge, historical day in the state of North Carolina. That was the day that mobile sports betting became a legal thing in the Tar Heel State. In business terms it kind of felt like a “soft launch.” Sure, there was a big golf tournament in the sports world last week (The Players Championship), but this week’s NCAA Tournament is one of the most wagered events in the country. So, in that respect, legal mobile sports betting arrived in the Tar Heel State not a moment too soon.
The question I guess is, “How did mobile sports betting do in its first week in North Carolina?” In a nutshell, VERY well. Gambling Compliance & Sports Betting Deputy Executive Director Sterl Carpenter tells WNCT-TV that the launch of mobile sports betting was met with huge response in the state. “There were a large amount of wagers that were placed. We are still tallying all the information and we hope to have more soon.”
Mobile sports betting is expected to generate about $100 million for North Carolina by year five of operation. With all that good, there does come some bad. Gambling is addictive. No doubt this will prove to be an issue for some. In response to this, part of the revenue generated by mobile sports betting in North Carolina will go to aid programs dedicated to treating gambling addiction(s).
Responsible wagering is the key. And it’s not like you have to have a fortune to utilize mobile sports betting. If you want, you can wager less than what it costs for a cup of coffee at Starbucks. Downloading one of the approved apps (Draft Kings, Bet MGM, etc.) is free. Personally speaking, there’s something about watching a random NCAA basketball game that you normally wouldn’t care about if you’ve got a few bucks on the line.
Mobile sports betting enjoyed a big first week in North Carolina. It will only get bigger.
Gambling In North Carolina? Most People Aren't Addicted
There are certain places you think of when you think of gambling. Vegas, Atlantic City, Reno, but nowhere in North Carolina immediately comes to mind. Yes, we have options like Harrah’s Cherokee Casino and the new Catawba Two Kings Casino in Kings Mountain. Both are popular, but gambling in North Carolina doesn’t have a chokehold on people the way it does in other states.
Last year the gambling industry saw record-breaking profits last year despite the COVID-19 pandemic. And it’s not just casinos, sports betting is also extremely popular. (Personally, my teams give me enough stress I don’t need money riding on it too). As the Kentucky Derby is fast approaching where millions of dollars will be bet, the personal-finance website WalletHub released its report on 2022’s Most Gambling-Addicted States.
WalletHub compared the 50 states across 20 key metrics to create this report. The data set ranges from the presence of illegal gambling operations to lottery sales per capita to the share of adults with gambling disorders.
Gambling Addiction in North Carolina (1=Most Addicted, 25=Avg.):
- 40th – Casinos per Capita
- 39th – Gaming Machines per Capita
- 15th – Gambling-Related Arrests per Capita
- 4th – iGaming Revenues per Capita
View the full report here
Most Gambling Addicted States According To Wallet Hub:
Charlie Nance is the Afternoon Drive co-host (along with his wife) of "The Charlie and Debbie Show" at WSOC, Country 1037 in Charlotte, North Carolina. The couple have been with the radio station since 2006. Charlie has won the prestigious CMA (Country Music Association) Award for Radio Personality of the Year and has been a finalist for the Country Radio Hall of Fame four times. Prior to his time in Charlotte, Charlie (along with Debbie) spent more than a decade hosting successful morning radio shows in Greenville, SC; Augusta, Ga; and Birmingham, Al. As a content creator for Country 1037, Charlie writes about dream lottery windfalls, sports, restaurants and bars, and travel experiences in North and South Carolina.