Senate Budget Would Boost UNC and NC State Funding, Mandate In-State Games

North Carolina lawmakers are moving forward with a sweeping budget plan that could significantly transform how sports betting revenue is taxed and distributed, particularly benefiting the state’s flagship public universities. Under the proposed two-year Senate budget, the tax rate for online sports betting operators would jump from 18% to 36%, placing North Carolina among the […]

brbr
Apr 17, 2025 - 08:30
Senate Budget Would Boost UNC and NC State Funding, Mandate In-State Games

North Carolina lawmakers are moving forward with a sweeping budget plan that could significantly transform how sports betting revenue is taxed and distributed, particularly benefiting the state’s flagship public universities. Under the proposed two-year Senate budget, the tax rate for online sports betting operators would jump from 18% to 36%, placing North Carolina among the […]