Sports betting brought in $21 million for NC’s public universities. Here’s how they’re spending it.
According to the N.C. Department of Revenue, 13 public universities collectively received $21,597,004 after sports betting went live in March to December of last year.
North Carolina sports betting revenue surpasses expectations as retail options loom
“North Carolina’s sports betting initiative has far exceeded initial financial forecasts, accumulating over $62 million in tax revenue since its inception on March 13.”