- Indiana, North Carolina, and Kansas each saw a significant increase in sports betting revenue in November of 2025.
- North Carolina set a record for the highest handle in any month since sports betting was introduced in the state.
INDIANAPOLIS – November brought record numbers for sports betting revenue in Indiana, North Carolina, and Kansas in 2025.
This is no surprise with the expansion of sports betting in conjunction with arguably the busiest month of sports in the entire year, including the NFL, NBA, NHL, and Game 7 of the World Series.
Indiana Sees Over 50% Revenue Increase In November
Despite just a slight increase in total handle from October to November, the Indiana Gaming Commission reported a 57.3% increase in revenue month-over-month, totalling $69.1 million in revenue in November.
This is likely correlated to the Colts’ lack of success during the month, which they entered with a 7-1 record.
Legal sports betting sites in Indiana most likely saw a significant amount of bets placed on the Colts in November, only for Indianapolis to go 1-3 in four games during the month.
North Carolina Records Highest Handle Ever In November
Coming in at just under $814 million, North Carolina’s November handle set a new record for a single month in the state, breaking the previous $811 million mark set the month before in October of 2025.
The state also saw an 11.42% hold rate, resulting in just under $93 million in revenue and $16.7 million in tax revenue, both high marks of any month in 2025.
Legal sports betting sites in North Carolina have a robust market, housing the Panthers, Hornets, and Hurricanes for locals to bet on.
Kansas Casinos See 2.8% Year-Over-Year Revenue Increase
Locally regulated sports betting is only available in person in Kansas, which saw casinos net $36.2 million in November, up from 35.3% in November of 2024.
The casinos saw a slight increase in revenue from this past October, in which they totaled $35.9 million.
Kansas Star Casino was the biggest beneficiary, seeing a 6.7% increase from last November to secure $14.6 million in revenue.
Legal sports betting sites in Kansas did not factor into this figure, as there are no locally regulated online sports betting sites in the state.
