As the summer temperatures rise, sports betting activity in has decidedly cooled off.
According to the North Carolina State Lottery Commission, state sports betting users wagered more than $398.25 million in the month of June, the lowest recorded handle in the four months the state has offered sports betting.
The slowdown is not unexpected, as most states experience a dip in the summer months when the betting markets are limited.
Lowest Totals Since Launch
Both the sports betting handle and gross gaming revenue totals were the lowest in North Carolina since launch. The state lottery commission reported $398,251,464 in total handle on sporting events, including paid wagering revenue and promotional wagering revenue.
Additionally, the state reported $40,3…